Often consumers don’t know SSA funds are exempt from debt collection and agree to make payments to have the freeze lifted, so they can access their accounts.
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Filed under: Senior Finances
There is an interesting article on my sister website America For Purchase publishing an article by Sara Robinson with Campaign for America’s Future which discusses an overall objective about Republicans wanting to eliminate Social Security and Medicare and overall cut entitlement programs for Boomers, Seniors and Retirees.
I encourage anyone interested to read this article. Republicans want to Eliminate Social Security [...]
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7 Ways You Can Still Retire During a Recession – by Emily Brandon, US News & World Reports
It’s never a good idea to retire in a year when your portfolio is down. But baby boomers willing to save more, spend less, and work longer should still be able to retire. Yes, it will require some [...]
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Sound The Alarm! Peterson Foundation Assault On “Entitlements” By Roger Hickey with Campaign For America’s Future, February 5th, 2009
At a press conference today by Wall Street mogul Peter Peterson, he and his invited speakers informed Americans who are losing their jobs and homes in record numbers that our nation’s biggest problem is the national deficit-and [...]
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Teaching your kids about money management isn’t an easy proposition. Between the hulking advertising industry dying to get its hands on your children’s disposable income, and peer pressure to buy the “right” brands, parents can feel they are fighting an uphill battle when they talk about saving and moderation.
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Critics: AARP Insurance Stings Seniors – Steven Wevodau
Arthur Laupus joined AARP because he thought the nonprofit senior-citizen-advocacy group would make his retirement years easier. He signed up for an auto-insurance policy endorsed by AARP, believing the advertising that said he would save money.
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AARP’s Stealth Fees Often Sting Seniors with Costlier Insurance, By Gary Cohn and Darrell Preston
Dec. 4 (Bloomberg) — Arthur Laupus joined AARP because he thought the nonprofit senior-citizen-advocacy group would make his retirement years easier. He signed up for an auto insurance policy endorsed by AARP, believing the advertising that said he would save money.
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NEW YORK (CNNMoney.com) — If the annual model year change-over – and all the sales that go with it – have you in a car shopping mood, don’t be lulled into paying more than you have to. The deep discount you think you’re getting may be nothing more than an illusion. Car dealers can make [...]
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Filed under: Senior Finances
The rising cost of prescription drugs is a major concern for many Americans, especially senior citizens. Those who live on a fixed income may worry every time they have to fill a prescription.
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Filed under: Medicare and Health Insurance, Senior Finances
Cell for Cash offers money for an infrequently recycled gadget – your cell phone. Many people get a new cell phone each year. Some leave the old one sitting around their house, and 7 percent just throw it away. Cell phones are full of chemicals that leach into groundwater from landfills.
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Filed under: Senior Finances
During these difficult and challenging economic times, seniors and retirees have more of a challenge, especially those living on fixed incomes. We see our savings, IRAs and money market accounts slashed 30% to 40%, and for some, even more.
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Filed under: Finances, Senior Finances
