FDIC Consumer News - Summer 2013: Financial Tips for Seniors

FDIC Consumer Newsletter Features Financial Tips for Seniors

Other topics include international money transfers, adjustable-rate mortgages, student loan debt, and savings accounts for medical expenses

Consumers face financial issues in their retirement years ranging from how to maintain their lifestyle and pay for medical expenses on a fixed income to avoiding scams that target the elderly. To help older adults make informed decisions and protect their assets, the Summer 2013 issue of FDIC Consumer News features a collection of articles entitled “Financial Tips for Seniors.” Other timely 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 latest issue can be read or printed online at www.fdic.gov/consumers/consumer/news/cnsum13.

The FDIC encourages financial institutions, government agencies, consumer organizations, educators, the media and anyone else to help make the tips and information in FDIC Consumer News widely available. The publication may be reprinted in whole or in part without advance permission. Organizations also may link to or mention the FDIC Web site. See the Web site above for more details.

The goal of FDIC Consumer News is to deliver timely, reliable and innovative tips and information about financial matters, free of charge. Current and past issues are online at www.fdic.gov/consumernews. 

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