A local news reporter covering the new Student Loan information program led me to the new Consumer Fraud Protection Bureau website. While I expected the simple government pablum (and there's much of that) I was pleasantly surprised to see the broad approach to Consumer Fraud... and have bookmarked the site, to go back and take it one piece at a time. Good advice, wide ranging coverage for all ages, all scams, and some facts that surprised me.
The lead in to the section covering seniors and retirement begins with this:
Wow! Three in five, with NO savings. That alone answers a lot of questions about poverty in the U.S.
A good place to start, is in the "Get Assistance" heading.
One small note in the "pension counseling" was interesting. It covers the cost/ benefit relationship.
CFPB > Consumer Financial Protection Bureau
It's a war zone out there... To make it through, ya gotta know who you're fighting. The CFPB is a good place to start.
The lead in to the section covering seniors and retirement begins with this:
YOU…
…are 62 or over
…can expect to live 21 more years if you are a woman, 17 if you are a man
…like three out of five American families with a head of household 65 or older, may have no retirement savings
…may not know what your benefits are when your spouse dies
…need to ask the right questions
Wow! Three in five, with NO savings. That alone answers a lot of questions about poverty in the U.S.
A good place to start, is in the "Get Assistance" heading.
One small note in the "pension counseling" was interesting. It covers the cost/ benefit relationship.
A suggestion, if you go to the website... Not all of the links are marked or underlined. If a list is shown, you can usually click on an item, to go to another site. The site ties in with meaningful information from other government departments.The projects have helped thousands of
individuals, recovering over $130 million in
benefits that otherwise would have gone
unclaimed. These recoveries represent a return
on federal investment of nearly 7 to 1 proving
that pension counseling is not only necessary,
but that it can be provided efficiently and
effectively.
CFPB > Consumer Financial Protection Bureau
It's a war zone out there... To make it through, ya gotta know who you're fighting. The CFPB is a good place to start.
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