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AARP Home » Foundation » Our Work » Income »SEC, FTC Commend AARP ...

SEC, FTC Commend AARP Foundation on Fraud Fighting

Tips lead to crackdown on investment scam, elder fraud

by: Becky Squires, from: AARP Foundation, March 13, 2013

AARP Foundation Colorado staff and volunteers recently tipped off the Denver office of the Securities and Exchange Commission (SEC) about a suspected investment scam. The SEC investigated and, as a result, alleges that an organization called "We The People" took $75 million from more than 400 people for what the company called "a charitable gift annuity." … Back to Article

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Income
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Use the navigational menu to learn more about the tools and resources that will help low-income Americans age 50 and over regain control of their financial stability.

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AARP Tax Aide

AARP Foundation Tax-Aide

This program offers free assistance with tax-return preparation. Go

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AARP Benefits QuickLink

See if you qualify for public assistance and you can save money on health care, medication, food, utilities, and more! Go

AARP Foundation Finances 50+

Finances 50+

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Housing Solutions Center

This program offers free HUD-certified counseling and assistance to 50-plus homeowners who are at risk of foreclosure. Go

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Back to Work 50+

We are partnering with workforce services providers to strengthen the bridge between 50+ job candidates and respected employers. Read

Income in the
News

Are Boomers Confident About Retirement Saving? Survey Says No.

(Marketwatch, April 2) - A new survey by the Insured Retirement Institute notes a marked drop in the last two years in boomers' confidence that they are saving enough for retirement. Read

Older Americans Adding to Debt to Help Relatives

(Marketplace, March 27) - Recent studies indicate that 50+ Americans now carry more credit card debt than those under 50, the first time for such a swing. And a good portion of that debt comes from older Americans helping out struggling relatives. Read

Challenges Face Those Who Want to Continue Working

(Huffington Post, March 21) - In her most recent blog, Sara Rix, senior strategic policy advisor with the AARP Public Policy Institute, notes that although many older Americans want to keep working, challenges such as ill health, job loss and caregiving responsibilities often still stand in the way; however, ongoing improvements in employment options continue to make "working close to forever" highly appealing. Read

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