Financial tips are everywhere; newspapers, magazines, TV and radio.
Scammers will call or send messages pretending to be a grandchild begging the grandparent to wire money immediately.
According to the latest AARP Bulletin there are many scams that occur between October 15th and December 7th which is the Medicare Open Enrollment period.
We get smartphones and scammers somehow figure out how to outsmart us and our smartphones.
Here are some guidelines from the FTC when dealing with a possible scammer on the phone. My advice is to just hang up or not even take the call.
Every year thousands of people lose money to telephone scams, from a few dollars to their life savings.
More and more employers are eliminating their pension plans and only 60% of employers currently offer retirement plans.
The average 401(k) balance came in at $88,600 at the end of the second quarter of this year according to a report released by Fidelity, which represents 12.4 million U.S. workers. Younger workers had saved less and older workers more.
Congress increased the amount workers could contribute to their retirement plans but then realized that older workers closer to retirement were in rough shape.
Let’s start with the employer plans, 60% of employers offer some sort of retirement plan, but only about 50% of employees take advantage of the plans offered.