Seniors Information Center
Welcome to the California Department of Insurance (CDI) Senior Information Center. If you are a senior citizen, this website is especially for you. Seniors today face an increasingly difficult time when making decisions about insurance. Changing laws, more choices, and the threat of scams combine to make these decisions even more stressful.
The best way . . . → Read More: CDI Seniors Information Center
FTC Acts to Stop Telemarketing Fraud Targeting Seniors
At the Federal Trade Commission’s request, a federal district court in Arizona has temporarily shut down a fraudulent telemarketing scheme that allegedly bilked more than $9 million from thousands of consumers across the nation, many of whom are elderly and live on a fixed income, including military veterans.
According to . . . → Read More: FTC Acts to Stop Telemarketing Fraud Targeting Seniors
CFPB Bulk Publications
Order FREE Consumer Financial Protection Bureau Publications.
The central mission of the Consumer Financial Protection Bureau (CFPB) is to make markets for consumer financial products and services work for Americans-whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.
You may download products by clicking on . . . → Read More: Order FREE Consumer Financial Protection Bureau Publications. – Mail Fraud Alert (10×14 placemat)
Property Tax Postponement
The State Controller’s Property Tax Postponement Program returned in 2016 after being suspended by the Legislature in 2009.
The program allows homeowners who are seniors, are blind, or have a disability to defer current-year property taxes on their principal residence if they meet certain criteria including 40 percent equity in the home and an annual . . . → Read More: SCO: It’s Back! Property Tax Postponement Program for Qualifying Seniors and Disabled
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 by 2025, the opportunities . . . → Read More: ABA: Safe Banking for Seniors
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/
Because people’s powers . . . → Read More: CFPB – Managing Someone Else’s Money
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 an investment in a brokerage account? . . . → Read More: FINRA Securities Helpline for Seniors – HELPS™
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 to give seniors . . . → Read More: CFPB Updates – Financial protection for older Americans
Comptroller of the Currency Discusses Efforts to Protect Seniors from Financial Abuse
Comptroller of the Currency Thomas Curry today discussed efforts to protect seniors from financial exploitation. His remarks came during a conference hosted by the National Community Reinvestment Coalition.
Comptroller of the Currency . . . → Read More: Comptroller of the Currency Discusses Efforts to Protect Seniors from Financial Abuse
Food for thought at your Thanksgiving Table
Originally posted on the CFPB Blog
It’s almost Thanksgiving, and like most Americans, I’m looking forward to eating all my favorite holiday dishes and spending some quality time with my family. This year I’ve got it easy. I’ll be spending my holiday going to see the latest blockbuster movie with my . . . → Read More: From the CFPB: Food for thought at your Thanksgiving Table