AARP, once known as the American Association of Retired Persons, stands as the premier organization in the U.S. for individuals aged 50 and older. It offers a plethora of benefits, marketing services, and advocates unwaveringly on behalf of its members.
Founded in 1958 by Dr. Ethel Percy Andrus, a retired educator, AARP functions as a nonprofit, nonpartisan entity, boasting membership nearing 38 million strong.
Key Takeaways
- AARP aims to empower older adults to shape their own lives as they age.
- Membership rewards include discounts, healthcare options, insurance products, travel services, and educational resources.
- AARP maintains a significant lobbying presence with nearly 38 million members, influencing legislation at multiple government levels.
AARP’s Operations: Comprehensive and Diversified
AARP provides a wealth of information, education, research, advocacy, and community services via a national network of local chapters and volunteers. The organization key focus areas include consumer issues, economic security, health, and independent living. Unlike some advocacy groups, AARP refrains from political campaign contributions. However, its lobbying, judicial advocacy, and consumer advocacy remain strong.
Notably, AARP’s business arm sells life and health insurance, investment products, and financial services. Independent publishing milestones include Modern Maturity magazine and the AARP Bulletin, both substantial revenue sources, alongside advertising and name licensing. Membership fees, though, remain the primary income stream.
Registered as a 501(c)(4) with lobbying permission from the IRS, AARP also administers 501(c)(3) charity operations and runs for-profit ventures.
AARP Affiliates: A Broad Range of Services
AARP Foundation
A non-profit dedicated to aiding at-risk individuals over 50. Initiatives include Experience Corps for mentoring children and the AARP Institute for managing gift annuities.
AARP Services
Develops and manages new for-profit products and services for members.
Legal Counsel for the Elderly
A non-profit offering legal assistance to seniors in Washington, D.C.
AARP Financial Services
Manages real estate interests for AARP and operates as a for-profit entity.
AARP Insurance Plan
Handles group insurance plans under AARP’s oversight.
Additional initiatives target driver safety, television programming for seniors, tax help, fraud prevention, voter engagement, and outreach for housing and social isolation. Advocacy in strengthening Social Security and Medicare mandates also form part of AARP’s core activities.
AARP’s Influence and Criticism
Known for its lobbying strength, AARP’s influence spans Washington, D.C., and state capitals. Despite its nonpartisan stance, its policy positions have sometimes drawn critiques of aligning with liberal views—support for government-assisted retiree programs and opposition to Social Security privatization stand testament.
Understanding the AARP Name
Originally
Related Terms: social security, medicare, non-partisan, retirement benefits, financial products for seniors.
References
- AARP. “About AARP Our Social Impact”.
- AARP. “About Us”.
- AARP. “AARP 2022 Annual Report”, Page 52.
- AARP. “AARP 2022 Annual Report”, Page 36-42.
- AARP Press Room. “Key Dates in AARP History”.
- AARP. “What Is AARP’s Membership Age Requirement To Join?”
