AARP Hearing Center
The following documents related to consumer affairs and the financial security of people 50-plus are presented in reverse chronological order.
December
L: On December 7, 2018 AARP and the Certified Financial Planner Board of Standards, Inc. (CFP) sent a joint letter to the U.S. Securities and Exchange Commission Chairman, Jay Clayton, delivering the results of a second round of recent usability testing of the proposed Customer Relationship Summary (CRS) form. In this letter, the organizations indicated that the results of this round of testing, much like the first round of testing, clearly indicate the need for the Commission to rethink, revise, and retest the content, language, and format of the CRS form, as well as its underlying policy. (PDF) (Report)
September
L: On September 27, 2018 AARP sent a letter to U.S. House of Representatives Speaker Paul Ryan and Leader Nancy Pelosi expressing views on the Protecting Family and Small Business Tax Cuts Act of 2018 (H.R. 6760). AARP remains committed and prepared to support legislation that makes the tax code more equitable and efficient, promotes growth, and produces sufficient revenue to pay for critical national programs, including Medicare and Medicaid. While AARP appreciates that H.R. 6760 extends tax relief for individuals who benefit from the medical expense deduction, AARP has grave concerns about H.R. 6760. (PDF)
L: On September 27, 2018 AARP sent a letter to U.S. House of Representatives Speaker Paul Ryan and Leader Nancy Pelosi in support of H.R. 6757, the Family Savings Act of 2018 that will promote a more secure retirement. Notably, the Family Savings Act seeks to encourage more employers, especially small employers, to provide retirement savings opportunities for American families, a goal AARP shares. (PDF)
L: On September 11, 2018, AARP, the Financial Planning Coalition, and the Consumer Federation of America sent a group letter to Chairman Jay Clayton of the U.S. Securities and Exchange Commission to deliver the results of recent independent usability testing of the proposed Customer Relationship Summary (CRS). All three organizations believe the results of this testing clearly indicate the need for the Commission to revise and retest the content, language, and format of the CRS. (PDF) (Research)