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The Better Business Bureau also warns of directory scams, which it says have targeted businesses for decades. Scammers try to get businesses to pay for a listing or ad space in a non-existent ...
6. Review and adjust your budget regularly. Rest assured: Life doesn’t stop because you’ve retired. And neither should your financial planning. Make a plan to check in your budget every month ...
Revelation of the problem. Diann Shipione, a former trustee of the San Diego, California Employees' Retirement System pension board, is credited with exposing unlawful underfunding of the pension fund to the media. In 2002 Shipione, as a pension board trustee, raised concerns [5] to the San Diego Mayor and City Council about a proposal that ...
Having your money in a federally insured high-yield savings account means your money is earning a competitive return while it’s in a safe place. The Performance Savings account from EverBank ...
A Ponzi scheme ( / ˈpɒnzi /, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. [1] Named after Italian businessman Charles Ponzi, this type of scheme misleads investors by either falsely suggesting that profits are derived from legitimate business ...
Madoff provided a confidential list of his assets and those of his firm (BLMIS) to the SEC on December 31, 2008, which was subsequently disclosed on March 13, 2009, in a court filing. Madoff had no Individual Retirement Accounts, no 401 (k), no Keogh plan, no other pension plan and no annuities.
5. Try income annuities. An income annuity is when you make a payment to an insurance company in return for regular income payments. It’s not life insurance, and your family doesn’t get a ...
E-ZPass Scam Targeting NJ Drivers: What To Know. Customers are receiving text messages asking them to pay an outstanding toll balance to avoid a late fee. Here's how to spot the scam.
The Alliance for Retired Americans ( ARA) is a 501 (c) (4) non-profit organization and nonpartisan organization of retired trade union members affiliated with the AFL-CIO, which founded it in 2001. The group's membership also includes non-union, community-based activists. Its predecessor organization was known as the National Council of Senior ...
5. Medicare. Some survey respondents were also unfamiliar with Medicare — and, to be fair, it can be quite confusing. If you’ve paid into Medicare for at least 10 years, Part A (hospital ...