AARP New Jersey

Jeff Abramo

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If YOU pay a retirement adviser to advise YOU, YOUR interests should come first!

Posted on 02/11/2016 by | AARP New Jersey | Comments

As hard as it is for families to ensure a secure future in these difficult economic times, the last thing you need to worry about is whether their financial adviser are looking to increase their own profits at your expense. A current loophole in the law allows financial advisors to do just that, and some have recommended investments carrying higher fees, riskier features, and lower returns to further their own gains. This loophole has cost Americans at least $17 billion …

“IRS” Scam ramping up again as tax season approaches

Posted on 02/3/2016 by | AARP New Jersey | Comments

NJ residents increasingly report receiving calls in recent days AARP urges caution, encourages sharing of information with neighbors Across New Jersey, residents have been receiving phone calls from scammers claiming to be from the IRS or the US Treasury for a while now. This isn’t necessarily a new scam. But over the last few days, the number and frequency of these calls to New Jersey residents has increased, and it is likely to continue to escalate as we enter tax …

Thank you for protecting our retirement savings, Senator Booker

Posted on 02/2/2016 by | AARP New Jersey | Comments

Senator Cory Booker is one of a handful in Congress who is fighting tirelessly to protect Americans and their retirement savings. Over the last several months, Senator Booker has helped to save a proposed rule that would make it illegal for financial advisers to give you retirement advice that is not in your best interest. Do you have a 401k, an IRA or have you ever gone to a financial expert for advice? Then this applies to you. Most financial …

Governor Christie, it’s time to give back to caregivers

Posted on 01/15/2016 by | AARP New Jersey | Comments

These days, there are very few things that both political parties agree on. So, when something receives unanimous bipartisan support in the NJ legislature, it’s worth paying attention to. This week the NJ Assembly unanimously passed legislation to establish a NJ Caregiver Task Force (S2640/A4026). This task force will work to identify the services and supports that are currently available to caregivers and solicit input from family caregivers on where the shortfalls are based on the everyday, real work they …

Governor Christie needs to protect nursing home residents

Posted on 01/13/2016 by | AARP New Jersey | Comments

We all need to be concerned about the quality of nursing home care. Just about everyone has a loved one who eventually will need nursing home care or will need it themselves. And the record indicates that care in New Jersey nursing homes can benefit from greater oversight. For example, an AARP survey shows that New Jersey ranks 49 out of 50 states in preventing bedsores in nursing homes. Governor Christie is considering whether to sign a bill raising minimum …

Protect yourself from scams when you invest

Posted on 10/30/2015 by | AARP New Jersey | Comments

We’ve all been scammed. Maybe you receive a phone call. The caller claims to be your credit card company and tells you that your account had been compromised – they asked for your card number and social security number to “access your account.” Next thing you know, they are spending your money on designer handbags. And sometimes, fraud can target things bigger than your credit card. It can threaten your investments, and your financial future. Recently, AARP participated in a …