Beware Of Banking Scams

 There’s been a recent uptick in banking scams where criminals pose as representatives of the victim’s financial institution, thereby obtaining sensitive information. The scammers use the credit union’s social media account or likeness to appear authentic. They then empty the victim’s accounts and disappear. Often, when the scammers receive a response from the victim on…

The Real Deal on the 2018 Tax Changes

The current administration is implementing changes to the U.S. tax code. The administration believes these changes will strengthen the middle class, reinvigorate business and decrease unemployment. Unfortunately, though, most of them will do little, if anything, for the state of the economy. Here’s why. 1.) Deductible contribution changes Individual retirement accounts (IRA) have contribution limits…

Beware Of Debt Relief Scams

More than 42 million Americans have student loan debt, with their collective debt topping $1.4 trillion. Unfortunately, these big numbers make student loan debtors excellent targets for scams. The Federal Trade Commission (FTC), partnering with 11 states and the District of Columbia, has recently announced “Operation Game of Loans,” the first law enforcement initiative pursuing…