— The Internal Revenue Service (IRS) is now working with private debt collectors to recover unpaid tax debts. Scammers could attempt to capitalize on potential confusion created by this new development.  If you have a long overdue tax account, the IRS will first send you a letter to inform you that it is turning your account over to a debt collector. Then you will receive a letter from the debt collector before they contact you by phone. The only way to …

— Fake checks are featured in many types of scams, from phony prize winnings to fake jobs. And scammers are good at making phony checks look legitimate. The scams typically involve sending victims a check, asking them to deposit it, and then when cleared, asking them to immediately wire the money to a third party. Remember, a check can take weeks to clear.  Wait until you are certain, and the bank can confirm, that your check has cleared before taking further …

— One of the greatest gifts you can give a grandchild is the gift of financial literacy. Helping them save money early in life and showing them how to make wise spending decisions goes a long way toward a bright financial future. As they get older, they may want to save for special purchases or their college education. You can encourage them when they get their first job to begin saving for the future, including their retirement. Planning for the Future …

— Each year, the Federal Trade Commission releases a data book on scams as reported to the agency in the prior year. This year’s report shows that imposter scams are a serious and growing problem. These scams come in many varieties but work the same way. A scammer pretends to be someone trustworthy, like a government official or computer technician, to convince the consumer to send money. For those who lost money to this scam, the widest reported method of payment …

— Join AARP Colorado for its free Financial Resilience seminar in Fort Lupton on May 15 to discuss how to get the most out of your retirement savings. Whether you are still working, or getting ready to collect Social Security, we introduce you to the tools to help you calculate what you have and what you’ll need. We also help you find real advice about collecting your benefits, how to save more money and how to cut down on unnecessary costs, so you may experience …

— According to the Census Bureau, there are nearly 57 million people living with disabilities in the United States. Thirty percent of American adults help provide care for a sick or disabled family member. Caregivers provide physical and emotional support for the people in their care. It’s a demanding job with its stresses and rewards, but it can also be a labor of love. Social Security is committed to you throughout life’s journey, helping secure today and tomorrow for every American. This …

— Settlement with LG&E and Kentucky Utilities a Big Win for Kentuckians Kentucky Attorney General’s Office of Rate Intervention settlement with LG&E and KU to save Kentuckians $90 million annually – $33.2 million of that for residential ratepayers. In response to Attorney General Andy Beshear’s announcement that the Office of Rate Intervention has entered into a settlement with LG&E and KU, AARP Kentucky released the following statement by volunteer State President Charlotte Whittaker. “The bottom line is this settlement with LG&E and …

— The Federal Trade Commission reports that the virtual child kidnapping scam has resurfaced. The scam begins with a call from someone claiming to have kidnapped a child in your family. The scammer demands money by wire transfer or prepaid card.  These calls are fake and law enforcement organizations, like the FBI, are aware of this type of scam. If you get a call like this, resist the urge to send money immediately, no matter how dramatic the story.  These scammers …

— The U.S. Department of Health and Human Services Office of Inspector General (HHS OIG) Hotline phone number is being used as part of a telephone spoofing scam. Scammers represent themselves as HHS OIG Hotline employees and can alter the appearance of the caller ID to make it seem as if the call is coming from the HHS OIG Hotline, 1-800-HHS-TIPS (1-800-447-8477). The scammer will try to get personal information that can be used to steal money from the victim’s bank …

— Netflix customers beware! Scammers are conducting a campaign to obtain personal and financial information from Netflix users across the country. Netflix users are receiving an email claiming to be from the company asking them to update their Netflix login information. After providing this, a second screen appears which asks users to validate their payment information. After providing their information on the fraudulent website, the Netflix customers are re-directed to the actual Netflix homepage. The phishing email looks surprisingly realistic and …