Title: How Is the AARP Funded? | Sapling
Headings: How Is the AARP Funded?
How Is the AARP Funded?
History
Significance
Features
Considerations
Potential

Content: Significance
In 1999, the AARP opened a new subsidiary company, AARP Services. This organization dedicates itself to providing insurance policies, financial planning, investment vehicles and other services. This is a for-profit entity that is kept partly separate from the rest of the organization, although it does share the same brand name and overall mission, which is to provide the best services possible to its broad membership of retired persons. Features
Many of the insurance products that carry the AARP name are not actually operated by AARP Financial. Instead, they are operated by other companies that pay the AARP to license its name. The payments are quite substantial, in part because the AARP has a proven successful track record in selling insurance policies and other retirement-focused investments to its substantial membership of seniors. Considerations
The AARP does have a significant political advocacy arm that spends tens of millions of dollars every year lobbying the government on issues of interest to its membership. In addition, the AARP receives millions per year from the federal government in subsidies for its work to provide education to seniors on issues related to health care, financial planning and retirement. The AARP is technically a nonpartisan advocacy group, and has lobbied legislators of both major parties. Potential
As a larger portion of Americans enter retirement age, the profits and size of the AARP are only likely to grow and diversify.