scamming the elderly online

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Tricksters and hacks are everywhere online and in particular, they are at the forefront of scamming the elderly online. Are you paying attention to the sites you are on and do you trust that the place you are buying from is reputable and official? Most people are not paying attention and just trust a few first listings in search results assuming they are the correct place to buy tickets, goods and services and more. More likely those first few results are propped up there high in rankings artificially so that they appear to be legit – but they are not in fact the place youRead More →

Find my 401K

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A few definitions before you read today’s blog topic: What is a 401K A 401(k) is an employer-sponsored retirement savings option that allows you to contribute money from your paycheck into an investment account. Contributions to a traditional 401(k) are made pre-tax, which can lower your taxable income.  What is an IRA An individual retirement account (IRA) is a tax-advantaged savings account designed to help individuals save for retirement. Those with earned income (and their non-wage-earning spouses) are generally able to contribute to an IRA.  ————— I’m sharing two stories to showcase a common mistake that happens when you are leaving the workforce. It involvesRead More →

Jewelry Box Cruise

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Receiving an advertisement for a gold and silver buyback event at a local hotel seemed like a scam at first, but the more I looked at the ad and thought about my hidden jewelry box, the more I realized that this was probably a cool idea. At least it’s something to do that does not involve eating, drinking or playing pickleball (the usual activities for the newly retired.) All I had to do was to find my jewelry box and give it a thorough investigative search. A cruise is hiding in there somewhere. So I called my friend and mentioned that maybe we could gather ourRead More →