Besides trying to get your Medicare number, scammers may call about an overdue medical bill, asking for bank account information so they can process the payment. Best advice, hang up.
Almost everyone over 65 has Medicare as their primary insurance and your Medicare card uses your Social Security number for identification.
The Federal Trade Commission has some guidelines when dealing with a possible scammer on the phone.
Every year thousands of people lose money to scams, from a few dollars to their life savings.
According to the 2016 Identity Fraud Study, released by Javelin Strategy & Research, $15 billion was stolen from 13.1 million U.S. consumers in 2015.
Many listeners have told me they’re not worried about retirement savings because they’ll have their Social Security benefit, but Social Security was never intended to be your only source of income in retirement.
Probably not! Your retirement savings will play a very big role in retirement.
Congress increased the amount workers could contribute to their retirement plans but then realized that older workers closer to retirement were in rough shape.
About 60% of employers offer employees some sort of retirement plan, but not all employees take advantage of the plans offered.
This is National Save for Retirement Week. It is a national effort to raise public awareness about the importance of saving for retirement.