Tax scams are far from new, but the IRS always sees a significant increase in tax scams targeting unsuspecting victims during tax season. And as we become savvier to tax scams, criminals are already working on a new way to steal our money or identity. One of the top reasons tax fraud increases during tax […]
Money & Finance
5 Top Investment Scams Seniors Need to Know About Now
Most retirees are familiar with the risks and gains of investments; some may have retired from wise investments. But not all investments are legitimate. Some carry greater risks than others and some are outright investment scams. Investment scams are frequently geared towards seniors who are looking for a way to grow their retirement fund. And […]
11 Warning Signs It’s an IRS Scam
Tax scams, particularly IRS scams, work as well as they do because they prey on senior’s financial fears. There are few who wouldn’t be frightened by a threatening call, letter, or email from the IRS, which is what criminals want. Though tax scams increase during tax season, scammers use the IRS name throughout the year, […]
5 Ways to Identify Multi-Level Marketing Scams
It is not uncommon for retirees to look for convenient ways to add to their retirement income. And seniors looking to earn a little more money often find multi-level marketing (MLM) opportunities appealing, especially since they are presented as easy income. But, there are also many multi-level marketing scams out there too. Those who try […]
Top 4 Annuity Scams that Impact Seniors
Annuities are a common way to ensure financial security during retirement, or at least that is what many agencies would have you believe. Annuities can be an excellent way to set money aside for retirement if you choose the right one for your lifestyle and know the many fees and rules around withdrawing your money. […]