AARP Endorses Indiana's Caregiver Bill - Retirement Homes

Indianapolis State Legislature Paves Way for Caregivers

AARP Indiana has gone to bat for caregivers by supporting a state income tax credit for people who care for aging relatives in their homes. The AARP state director told Public News Service that 1.3 million residents of Indiana provide $9.4 billion of unpaid care in their homes. Caregivers with income under?$110,000 per year will be eligible for a $5,000 state income tax credit.

The legislation will assist Hoosiers without access to a 401(k) or retirement plan and is touted for being consistent with taxpayers wishes to be effective, yet inexpensive.

Many studies have shown that caregivers across America suffer many setbacks to help out loved ones. The MetLife Mature Market Institute? published a comprehensive research paper on caregivers stating: ?The total estimated aggregate lost wages, pension, and Social Security benefits of these caregivers of
parents is nearly $3 trillion.?

The report stated that there are other important problems: ?For all working caregivers, it is not unusual also to report missed opportunities for promotions, business travel, relocation, and education as workplace effects of providing care. Overall, both current wages and retirement income can suffer as a result.?

People who age in place are potential candidates for Assisted Living and Continuing Care residences.

?

Retirement Communities near You Other Locations?

• Our community is located in the heart of historic Oak Park, just around the corner from RUSH Oak Park Hospital and is convenient to shops, galleries and ...

• Welcome to Emeritus at Villa de Anza!! A place to call home - many do. Emeritus at Villa de Anza offers a home like setting and cheerful smiles ...

• Step into a Sunrise Assisted Living community and you can't help but feel at home. We stop at nothing to make your experience warm and inviting, from our ...

• Holley Court Terrace provides a full range of choices for today?s seniors. Choosing a senior living community represents a lifestyle choice and we understand ...

• A Holiday Retirement building providing three meals daily served in our gracious dining room, housekeeping, bus service, activities, chapel, games room, ...

• Discover our beautifully landscaped courtyard and gardens, enjoy our fine cuisine or join in an activity or social group. At Brighton Gardens, we have ...

• Step into a Sunrise Assisted Living community and you can't help but feel at home. We stop at nothing to make your experience warm and inviting, from our ...

• Mayfair offers new homes in Naperville. This DuPage County community features scenic park setting with quiet walking paths. Located near historic downtown ...

• The Kenwood of Lake View provides a full range of choices for today?s seniors. Choosing a senior living community represents a lifestyle choice and we ...

• Nestled in the heart of downtown Des Plaines on River Road, The Heritage provides the security and warmth of small-town living with easy access to everything ...

Search for a Retirement Community

Source: http://www.retirementhomes.com/library/aarp-endorses-indianas-caregiver-bill/

school cancellations bald barbie peoples choice awards deplorable mls draft mark davis marine urination video