Tag: elder abuse
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WHER Chat: National 401 (k) Day & Elder Financial Abuse
September 11th is National 401 (k) day; promoting and sharing the ways in which creating a 401 (k) gives individuals control over their financial future. 401(k)s were originally created to be supplements for regular pensions yet have evolved into our main form of retirement saving. However, we can not forget that the aging population has been the…
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Elder Financial Abuse is on the Rise: Why This Matters to You
Over thirty billion dollars a year is estimated to be lost annually due to elder financial abuse, fraud or scams. Elder fraud is a growing problem, leaving destroyed relationships and economic destruction in its wake. This number is likely higher as according to the National Adult Protective Services Association, only one in about forty-four cases…