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Three steps for turning a real estate or business sale into the ideal
retirement
Financial
experts share common mistakes & how to avoid them
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[April
16, 2014]
Throughout life, we encounter a
number of "financial impact points" -- pivotal events with the
potential to make our dreams come true, say financial advisers Chris
Snyder and Haitham "Hutch" Ashoo, co-authors of "Exiting Strategies:
The CEO's Seven Critical Steps To Cashing-Out of a Business,
Managing and Preserving Wealth."
(Click
here for the rest of the story.)
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SOCIAL
SECURITY COLUMN
Don't stress over fraud
By Becky
Whitlow,
Social Security district manager in Springfield
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[April
07, 2014]
April is Stress Awareness Month,
but one thing that should never cause you stress is doing business
with Social Security.
(Click
here for the rest of the story.)
Area Agency on Aging will host Lunch and Learn at Oasis for family
caregivers
The Area Agency on Aging for
Lincolnland, in cooperation with Senior Citizens of Logan County,
has scheduled a Lunch and Learn program for informal caregivers of
older adults and for grandparents and other relatives raising
children. The session will be at St. John United Church, the
temporary location of the Oasis Senior Center, at 210 Seventh St. in
Lincoln, on April 15 from noon to 1 p.m. (Click
here for the rest of the story.)
6 signs your retirement plan is in trouble
Estate
planner shares tips for avoiding a 2008-style disaster during the
'distribution' years
After the 2008 economic
meltdown, when the stock market fell 37 percent, veteran financial
adviser Curt Whipple met with clients from outside financial
institutions who'd lost 50 to 60 percent of their portfolio in a
single year. (Click
here for the rest of the story.)
Online fraud: Are you next?
The difference between computer
users who get scammed and those who don't often comes down to a
simple checklist: In just-released research, AARP identifies 15
particular behaviors, life situations and knowledge attributes that
significantly increase vulnerability to online fraud.
(Click
here for the rest of the story.)
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Archived
articles
Illinois Department of Insurance warns about the dangers of
stranger-originated life insurance arrangements, or STOLIs
STOLIs
not the same as traditional insurance policies and illegal in
Illinois
CHICAGO — Illinois Department of
Insurance Director Andrew Boron is warning consumers about
stranger-originated life insurance arrangements. Unlike a
traditional life insurance policy where a consumer initiates the
application for insurance and the insured's loved ones are
beneficiaries of the death benefits, a stranger-originated life
insurance arrangement involves a group of investors, often
strangers, who initiate the application for life insurance by
offering the participant an upfront lump-sum payment in exchange for
allowing the group to purchase the insurance on the participant's
life.
(Click
here for the rest of the story.)
Millions of MSNs are undeliverable: Are you getting yours?
By
Jason B. Echols, health care consumer protection coordinator with
AgeOptions
OAK PARK — The U.S. Department
of Health and Human Services Office of Inspector General recently
released a report that over 4 million Medicare Summary Notices, or MSNs, were undeliverable to Medicare beneficiaries in 2012. The most
common reason why the notices were undeliverable is because of
incorrect or invalid beneficiary addresses. You can read the full
report here:
https://oig.hhs.gov/oei/reports/oei-03-12-00600.asp.
(Click
here for the rest of the story.)
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