CFPB Tools for Financial Caregivers and Upcoming Webinar

Millions of Americans are managing money or property for a loved one who is unable to pay bills or make financial decisions. To help financial caregivers, the CFPB Office for Older Americans has created easy-to-understand Managing Someone Else’s Money guides. Join this free webinar to learn more about these guides and how you can help […]

CFPB’s New Tool to Help you Plan for Retirement – Live Webcast Today

Every year more than 2 million Americans make one of the most important financial decisions of their lives: choosing when to begin collecting Social Security retirement benefits. Today, the CFPB is releasing Planning for Retirement, an interactive tool to help consumers make this important decision.

Check out the CFPB’s new online tool at www.consumerfinance.gov/retirement/.

They […]

ABA: Safe Banking for Seniors

A campaign to educate seniors and their caregivers on the risks of financial fraud

​Financial abuse against older Americans can take many forms, from illegal debits, to third-party scams and even unauthorized withdrawals by an approved caregiver. And with the share of the U.S. population 60 years and over projected to reach 30 percent […]

CFPB – Managing Someone Else’s Money

Millions of Americans are managing money or property for a family member or friend who is unable to pay bills or make financial decisions. We’ve heard from these financial caregivers about how tough it can be. So we created guides for caregivers all over the country.

Read about how we are helping financial caregivers: consumerfinance.gov/blog/managing-someone-elses-money-guides-for-your-state/

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New Website Resource for Senior Investors: ServeOurSeniors.org

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You’ve worked hard throughout your lifetime to build retirement security. As your first line of defense against investment fraud, NASAA members know scam artists will try to prey on seniors by offering “too good to be true” investment schemes. Education and awareness are your […]

FTC: Spotting an Illegal Pyramid Scheme 101

FTC: Spotting an Illegal Pyramid Scheme 101

Your social media feed is abuzz with stories of people making serious money selling an energy drink. Not one to miss out an opportunity, you do a quick search and come across a viral video. The guy making the pitch insists you can make thousands of dollars a […]

FINRA Securities Helpline for Seniors – HELPS™

FINRA Securities Helpline for Seniors – HELPS™

A toll-free number that senior investors can call to get assistance from FINRA or raise concerns about issues with brokerage accounts and investments.

Call 844-57-HELPS (844-574-3577) Monday – Friday 9 a.m. – 5 p.m. Eastern TimeAre you a senior investor with questions about your brokerage account statement or […]

CFPB Updates – Financial protection for older Americans

Financial protection for older Americans

Older Americans face many financial challenges as they age. They have opportunities to travel, explore new fields of work or hobbies, or spend time with family and friends. But often scam artists or bad advice take away these opportunities. The Office of Financial Protection for Older Americans is here […]

World Elder Abuse Awareness Day – Top 10 Scams Targeting Seniors

World Elder Abuse Awareness Day – June 16 Top 10 Scams Targeting Seniors

Financial scams targeting seniors have become so prevalent that they’re now considered “the crime of the 21st century.”

Why? Because seniors are thought to have a significant amount of money sitting in their accounts.

Financial scams also often go unreported or can […]

Older consumers “seniors” can tell debt collectors: “My benefits are protected from garnishment.”

Did you know that Social Security and VA benefits are generally protected from garnishment to pay a debt to a private person or company? Most debt collectors can’t garnish money in your bank account to pay a debt.

You can download a CFPB fact sheet from the Consumer Advisory: http://www.consumerfinance.gov/blog/consumer-advisory-your-benefits-are-protected-from-garnishment/

Here’s how the federal protection […]