The Senate Special Committee on Aging will hold its long-awaited hearing on CCRCs, entitled "Continuing Care Retirement Communities (CCRCs): Secure Retirement or Risky Investment?". The report prepared by the GAO will be released that day.
We encourage you to watch the web cast of the Aging committee hearing on July 21 at 10:30 am PST at http://aging.senate.gov.
CCRCs continue to be under the scrutiny of the IRS and the Senate Aging Committee. That is why it is so vitally important that we continue to fight the IRS action against Mission Ridge over the treatment of its entrance fee deposits. For those of you who have supported our efforts through donations, we thank you. For those of you who have not yet done so, we continue to need your support to win this important fight. Contact Steve Maag at AAHSA for more information: smaag@aahsa.org
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