Seniors Targeted By Terrifying Hostage Scam
Over the past few years, one particularly scary scam has popped up in Connecticut, Florida, New Jersey and other states.
Now, the “hostage scam” has surfaced in Louisiana, too.
Elderly ...
Kansas Retirees Rally Against Gov.’s Plan to Cut State Pension Contributions
Members of the Kansas Public Employee’s Retirement System (KPERS) gathered at the state capitol on Wednesday to rally against Gov. Sam Brownback’s plan to cut state contributions ...
Minnesota Bill Would Protect Seniors Against Financial Abuse; Governor on Board
Minnesota Commerce Commissioner Mike Rothman this week unveiled a legislative proposal that attempts to protect the state’s seniors from becoming victims of financial abuse.
The ...
Video: Some Retirement Savers Still Feeling Financial “Hangover”, Reducing Savings
In this video, Michael Schweitzer of HSBC discusses the results of the firm’s survey of attitudes and beliefs around retirement saving. The survey found that 40 percent of people ...
Omaha Approves Pension Changes; New Hires Will Be Put Into 401(k)-Style Plan
On Tuesday, the Omaha City Council approved a major change in the city’s pension system.
Starting on March 1, all new city hires will be placed into a pension plan that resembles ...
Bill to Eliminate Social Security Tax for Low-Income Seniors Shot Down in Utah
A Utah bill that would have exempted low-income seniors from having their Social Security benefits taxed was shot down this week when the bill failed to advance out of committee.
[The ...
Does Your Tax Refund Seem Too Good To Be True? Maybe It Is.
All year, people eagerly await their tax refund. It can feel like free money, even if it isn’t.
But tax refunds are also a great “in” for scammers to swindle your money.
The ...
Republican Committee Chairman Has Big Plans for Social Security in 2015; Privatization, Other Changes Will Be “Discussed”
Rep. Tom Price (R-GA), chairman of the House Budget Committee, has dropped hints over the past few weeks that his committee will be discussing changes to Social Security throughout ...
Social Security Administration Is Now Offering Replacement Tax Form Online
SSA-1099 is a tax form that the Social Security Administration (SSA) mails to everyone receiving Social Security benefits.
People typically receive the form in January; but since tax ...
Video: Income Inequality and the Retirement Gap
This video discusses how income inequality manifests itself in workers’ retirement plans. From the video description:
Sallie Krawcheck, asset management chair at Elevate, and ...
