Alert
Close

Think you know AARP? What you don’t know about us may surprise you. Discover all the ‘Real Possibilities’

Highlights

Open

Contests and
Sweeps

Safe Driving in 2014 Sweepstakes

Learn how AARP Driver Safety can help you stay safe—and enter for a chance to win $1,000. See official rules. 

Car buying made easy with the AARP Auto Buying Program

AARP-iPad-ePub-app

Free Fun!

AARP Games - Play Now!

Work
PROGRAMS

Best Employers for Workers Over 50

See the latest winners of this AARP recognition program.

Employer Resource Center

Attract and retain top talent in a changing workforce.

Most Popular
ARTICLES

Viewed

AARP: Don’t Target Social Security For Cuts

As Congress turns its attention from health care to economic issues, there is a greater focus on the nation’s deficit and the future of Social Security, which turns 75 years old in August. On June 26, several cities across the nation, including Jackson, MS, held conversations about the federal budget and the choices that should be made to reduce the nation’s deficit. Social Security was one of the topics addressed. AARP reminded Americans that Social Security did not contribute to the deficit and that the program plays an important role in the financial and retirement security of millions of Americans.

“Our nation’s deficit will undermine the economic security of future generations if left unaddressed,” said AARP Executive Vice President John Rother. “However, we believe any proposed changes to programs or the tax code must look at the impact on real people, not just on projected budget numbers. For example, some in Washington want to reduce the deficit by cutting Social Security benefits. But Social Security is itself vital to the economic security of most Americans today and future generations, and it hasn’t contributed a single dime to the current deficit. So weakening Social Security would hurt our children and grandchildren – the very people we need to protect.

Today, nearly 53 million Americans of all ages receive Social Security benefits, and for over half of older Americans, Social Security is their principal source of family income. Social Security also provides vital disability and life insurance protections for American workers and their families. Benefits are modest, averaging only $14,000 for retirees. The program provides a secure foundation for retirement income with guaranteed inflation-protected lifetime benefits they can count on every month.

“Social Security is financed separately from the rest of government with payroll contributions Americans make over their working lives,” Rother said. “It has built up a very substantial trust fund so there is time to make gradual adjustments to improve its finances over the long run. Any effort to change Social Security should focus on strengthening the program so that future generations will be able to continue to count on their earned benefits, and so that all Americans can enjoy a measure of future economic security. “

AARP encourages a national dialogue and action to bolster retirement security for all Americans, including strengthening the Social Security program and creating more opportunities to save in the workplace.

For more information, visit aarp.org.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Jobs You Might Like

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

UPS

Members get 15% off eligible products/services and 5% off shipping at The UPS Store®.

AARP Discounts on Consumer Cellular Phones and Plans

Members save 5% on monthly service and usage charges with Consumer Cellular.

Member Benefits

Renew today! Members receive exclusive member benefits & affect social change.

Explore Your Learning Possiblities