FDIC Offers Tips for Seniors

Senior couple meeting with agentFDIC’s summer issue of the “FDIC Consumer News” offers tips to aid the elderly in making decisions to avoid scams and how to maintain their lifestyle on a fixed income. “Financial Tips for Seniors” provides a collection of articles, including 15 Quick Tips for Protecting Your Finances, How Older Adults Can Steer Clear of Scam Artists, and Borrowing From Your Home in Retirement – Carefully Research the Benefits and Risks. Other topics include avoiding wire transfer scams, new protections for sending money abroad, things to keep in mind when considering adjustable-rate mortgages, basic points about Health Savings Accounts and help for student loan borrowers having payment problems. The “FDIC Consumer News” can be found here.

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