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  2. Madoff investment scandal - Wikipedia

    en.wikipedia.org/wiki/Madoff_investment_scandal

    The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion ...

  3. 8 Myths About Debt That Boomers Must Stop Believing ... - AOL

    www.aol.com/8-myths-debt-boomers-must-140436236.html

    All Debt Is Bad. It’s generally wise to avoid debt, unless the alternative involves hindering your retirement plans or cutting into your nest egg. “One of the most pervasive myths among baby ...

  4. 5 money misconceptions that American retirees make over and ...

    www.aol.com/finance/5-money-misconceptions...

    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 ...

  5. A Devastating Click: How an Email Scam Can Cost You ... - AOL

    www.aol.com/devastating-click-email-scam-cost...

    It's a story that's becoming increasingly too common. A 60-year-old warehouse worker named Renato Calalang received an email notification informing him that a distant relative, a cousin in ...

  6. San Diego pension scandal - Wikipedia

    en.wikipedia.org/wiki/San_Diego_Pension_Scandal

    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 ...

  7. Feds Seek to Recover Nearly $2 Million in Retirement Funds ...

    patch.com/illinois/elmhurst/feds-seek-to-recover...

    Karen Chadra, Patch Staff. Posted Mon, Oct 10, 2011 at 3:42 am CT | Updated Mon, Oct 10, 2011 at 3:46 am CT. More than $1.9 million in retirement funds allegedly was misused by the owner of...

  8. Empower (financial services) - Wikipedia

    en.wikipedia.org/wiki/Empower_(financial_services)

    Empower acquired the heritage SunTrust 401(k) recordkeeping business, which includes approximately 300 retirement plans consisting of more than 73,000 plan participants and $5 billion in plan assets. On September 29, 2020, Empower announced that it would acquire the retirement plan recordkeeping business of Fifth Third Bank.

  9. Earlier this week, Sen. Joe Manchin (D-W.Va.) and 15 Republican senators introduced a resolution to overturn the retirement rule, arguing that it would cause people to “lose access to investment ...

  10. New report warns it is ‘crucial’ for American families to ...

    www.aol.com/finance/report-warns-crucial...

    In a video interview with Moneywise last year, Tori Dunlap, founder of the financial education platform Her First $100K, dubbed indexed UL insurance as a “scam” — especially if people buy it ...

  11. Grant Cardone calls idea of emergency savings a ‘bank myth ...

    www.aol.com/finance/grant-cardone-calls-idea...

    The ‘big scam’ Cardone’s aversion to maintaining an emergency fund may be rooted in his perspective on fiat currency. “This is the big scam right here,” he told DJ Vlad, holding up a ...