AARP

I am 63 years old, just announced my retirement and was laid off. Is this allowed, and what should I do now?

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I am 63 years old, just announced my retirement and was laid off. Is this allowed, and what should I do now?

YuriArcursPeopleimages / Envato Moneywise and Yahoo Finance LLC may earn commission or income through links in the content below. Announcing your retirement a few months in advance is often considered a courtesy to your company. Not only does it give your employer time to manage the transition and hire a replacement, but it also gives … Read more

How the new $6,000 senior tax cut could impact older Americans

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How the new ,000 senior tax cut could impact older Americans

A new $6,000 tax cut for Americans 65 and older could boost refunds for millions of older taxpayers, putting an average of about $670 more in their pockets this year, according to the advocacy group AARP. But some older Americans could see much more. AARP notes that taxpayers in the 22% tax bracket — roughly … Read more