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Thursday, May 18, 2023

Retirement: Married couples beware: Changing your name can be stressful

Changing your name after you get married can be relatively painless, but it can also cause hurdles when it comes to your personal finances.

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Retirement

Thu May 18 2023

 

Changing your name after you get married can be relatively painless, but it can also cause hurdles when it comes to your personal finances.

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Larry Cook, served in the U.S. Navy as a Commander. He wired more than $3 million to scammers abroad via his bank, and now his niece is taking the banks to court.
 

An elderly man was scammed out of millions. Could a bank have done more?

Larry Cook, 76, wired $ 3.6 million to possible scammers abroad. The bank reported him to adult protective services, but continued wiring his money.

A visibly concerned senior citizen looking out a window.
 

Your Social Security check will probably get a smaller bump in 2024

As inflation eases, so will retirees' annual cost of living adjustment for 2024. How small could the increase be and how will seniors fare?

Two adults looking at financial paperwork.
 

Is now the time to collect Social Security? 3 green lights to watch for

When to go ahead and collect Social Security can be a tricky question. Be on the lookout for these signs that you're ready to claim your checks.

Person using calculator at desk.
 

Planning for retirement? Consider these Social Security truths first.

When you're preparing for your senior years, be realistic about what role Social Security benefits will play in supporting you.

 

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