Two bills are being pushed by the AARP in Indiana during this session of the General Assembly and they look to help two different issues.
About half of Americans aged 50-years and older have less than 25-thousand dollars in retirement savings. To help solve this problem, the AARP is proposing the Hoosier Employee Retirement Option, otherwise known as the “HERO Plan.”
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As an 84-year-old woman who became a widow in 1886, Ruth Sabin found herself alone so she wished to develop a haven for other women like her. In an extraordinary act of philanthropy, she gave $25,000 toward land and construction of an institution. She didn’t stop there, she went on to establish a trust fund with an initial contribution of $33,000 to support the Ruth Sabin Home.
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