New Jersey proposal could reduce senior property tax relief
If adopted, the proposal would lower the income cap for property tax relief eligibility to $250,000, down from the current $500,000 limit.
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Retirement savers hold steady in 2025 as automatic enrollment drives positive trends
The average participant account balance increased 13% year over year in 2025, reaching an all-time high of $167,970.
Seniors want to age in place, but family caregivers face strains on multiple fronts
A Pew Research Center survey of 8,750 U.S. adults found that one in 10 reports serving as a caregiver for a parent age 65 or older.
Study finds 65-year-olds need $135K for long-term care
The type of care — home health, assisted living or nursing home — and where a person lives can drastically affect costs.
Trump 401(k) plan, if expanded, could advance universal retirement
A recent op-ed concluded that Trump’s proposal, if expanded, could help move the nation toward a “more inclusive” form of capitalism.
New Jersey reverse mortgage counseling bill would have ‘chilling effect’ on senior home equity use, NRMLA says
NRMLA this week sent a letter to a New Jersey lawmaker, stating its opposition to a legislative proposal tied to reverse mortgage counseling requirements in the Garden State.
Older women worry about retirement security, making them prime reverse mortgage candidates
Women who are 50 and older are feeling the pinch of rising costs and economic uncertainty, even as they enjoy time with their family and hobbies, according to a new AARP survey.
Kentucky bill would freeze property taxes for senior homeowners
Senate Bill 51 would lock in the assessed value of a senior’s primary residence, preventing higher property tax bills.
Property tax burdens vary widely as states debate senior relief
As states debate relief, the underlying data shows a common trend: residential property owners shouldering a growing share of the tax burden.
Home equity props up retirees as savings fall short
Retirement savings represent about one-quarter of financial assets for the typical working adult, while home equity accounts for one-third.