Authorities sound alarm on ‘gold bar scam’ thats swindled millions from seniors
The FBI and Maryland authorities are warning seniors to be on the lookout for scammers who are scamming people out of millions of dollars in a so-called “gold bullion scam.” The scam typically begins with a pop-up ad or phone call in which the suspect poses as a federal agent and instructs the victim to […]
Minnesota seniors feel like pawns in HealthPartners, UnitedHealthcare dispute – Star Tribune
For most people, the bottom line is uncertainty. Dennis Rodriguez poses for a portrait in front of his St. Paul home on Aug. 8. Rodriguez is one of about 30,000 seniors caught up in a contract dispute between UnitedHealthcare and HealthPartners. (Shari L. Gross / Star Tribune) Mary Boyd, a former St. Paul school administrator, […]
Trump Calls for End to Social Security Tax on Seniors
Former President Trump called for eliminating the tax that many seniors pay on Social Security benefits. “SENIOR CITIZENS SHOULD NOT PAY TAXES ON SOCIAL SECURITY!” President Trump announced (in all caps) via his Truth Social account on Wednesday morning. Currently, if you’re single and your total income (Social Security income plus outside work) exceeds $25,000, […]
Good news for millions of seniors: Social Security announces the months when they will receive two payments – Tododisca
This elderly group is not receiving new Social Security benefits – License AdobeStock of Social Security Administration (SSA) has arranged for double payments to beneficiaries for August, November and December. SSA monthly payments are either deposited directly into recipients’ accounts or mailed as checks. Beneficiaries include retired workers, survivors, and Social Security Disability Insurance (SSDI) […]
Seniors with $1 million in retirement savings could run out of money faster in these states, study finds
Seniors could be struggling in retirement, as a new study shows that even $1 million in retirement savings wouldn’t last long in some states. A survey published by personal finance site GoBankingRates Earlier this year, found, For example, seniors in California could exhaust their supply in about 12 years, 8 months and 5 days due […]
Robot Companionship For Lonely Seniors Is The Saddest Thing I Ever Heard
“For older people who are lonely, is the solution a robot friend?” asks the saddest New York Times headline ever written — over the holiday weekend no less. I guess that’s what I get for reading The Times. This is the last thing I wanted to read about as I prepared for a weekend of […]