Money

New frauds and scams seem to crop up daily. Identity theft, investment fraud and scams rob millions of Americans of their hard-earned money. Last year, 13 million people were the victims of identity theft alone. That’s one person every two seconds!

Would you like to learn smart money habits? You’re not alone! Over 20 million people 50+ are overwhelmed by mounting debt, poor credit, and/or lack of savings. Take the first step and learn to better manage your money with AARP Foundation Finances 50+℠ workshops – May 13, 20 and 27 – at the Brookside Congregational Church in Manchester

The House Commerce Committee is hearing testimony on HB562, a car title loan bill that would cap interest rates at 36%. AARP supports this bill and offers this testimony:

If the measure known as Chained CPI is adopted, $623,470,000 in cuts to New Hampshire’s Social Security COLA and veterans’ benefits would occur over the next ten years.

Your phone rings and caller ID shows an 876 area code. While it appears the call is coming from the US, be cautious with this Jamaican area code. If you do not have friends, relatives, or business associates in Jamaica, there is probably a scammer on the other end of line.

AARP Legislative Policy Director David Certner was in the Granite State in 2012 to deliver the keynote address, Financial Security and the Economy, at the New Hampshire Forum on the Future and offered the following on the importance of Social Security to New Hampshire families.

Granite Staters earn Social Security benefits through a lifetime of hard work. But the program is facing long-term financial challenges as the overall population ages and contributions aren’t keeping up with longer life expectancies. And while Medicare provides guaranteed affordable health care, the program’s challenges include rising health care costs and a growing number of people entering the program.