Democratic presidential candidate Joe Biden has said that requiring the wealthiest Americans to shoulder more of the tax burden and restoring the estate tax to "historical norms" top his list of economic priorities. But retirement policy also plays a prominent role. "Protecting Social Security and Medicare and lowering prescription drug prices transcend partisan politics, and candidates need to pay attention to these issues if they want to win," Nancy LeaMond, AARP chief advocacy and engagement officer, said in releasing a recent survey. The AARP survey of voters in presidential and Senate battleground states show that voters 65 and older could decide this year's election. "Concerns about the coronavirus and their health overall are driving 65-plus voters away from their natural base," LeaMond said. According to the survey, former Vice President Biden leads President Donald Trump among voters 65 and older in eight states. Read the gallery above to see how retirement plans could change under Biden's proposals. A future article will look at Trump's retirement pledges.
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Melanie Waddell
Melanie is senior editor and Washington bureau chief of ThinkAdvisor. Her ThinkAdvisor coverage zeros in on how politics, policy, legislation and regulations affect the investment advisory space. Melanie’s coverage has been cited in various lawmakers’ reports, letters and bills, and in the Labor Department’s fiduciary rule in 2024. In 2019, Melanie received an Honorable Mention, Range of Work by a Single Author award from @Folio. Melanie joined Investment Advisor magazine as New York bureau chief in 2000. She has been a columnist since 2002. She started her career in Washington in 1994, covering financial issues at American Banker. Since 1997, Melanie has been covering investment-related issues, holding senior editorial positions at American Banker publications in both Washington and New York. Briefly, she was content chief for Internet Capital Group’s EFinancialWorld in New York and wrote freelance articles for Institutional Investor. Melanie holds a bachelor’s degree in English from Towson University. She interned at The Baltimore Sun and its suburban edition.
