Reporting for The Hill, Walter Alarkon, in his July 13th article “Democrats and AARP want to make IRA enrollment automatic,” implies that the automatic investment retirement accounts (IRAs) is a Democratically controlled plan with support only from the White House and the Association for the Advancement of Retired Persons (AARP). But The Heritage Foundation’s Senior Research Fellow in Retirement Security and Financial Markets David John refutes Alarkon’s assertion that the Automatic IRA is a partisan idea:

The Automatic IRA has enjoyed wide bipartisan and cross-ideological support since it was first unveiled at The Heritage Foundation in

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Erica Werner and Ricardo Alonso-Zaldivar wrote a November 5th article for the Associated Press on the AARP’s endorsement of the latest version of the House health bill.

Many retirees are concerned about cuts in Medicare payments to medical providers, which will be used to finance an expansion of health insurance coverage to millions of working families who now lack it. Also, AARP says its membership is about evenly divided among Democrats, Republicans and independents, meaning its endorsement in today’s highly politicized atmosphere could anger many members.

This is a good start, but a better report would have noted AARP’s conflict of … Continue Reading