Elder financial fraud happens “at an alarming rate” and is often perpetrated by relatives, said Ted Sarenski, CPA, PFS. Protect against elder financial fraud by safeguarding assets, following scam alerts, and monitoring accounts. To read the full article in The Lifeline Blog, click: Don’t Get Ripped Off! What You Need to Know About Elder Financial Fraud.
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The Social Security cost-of-living adjustment could be more than 3% next year, but seniors are grappling with increases in household expenditures that are even higher, according to a report. To read the full article in Think Advisor, click: Social Security COLA Could Exceed 3% Next Year, Report Says.