Tag: financial losses

scam art_

It’s an implausible ruse. Yet we are all human, and many people are taken in by it. In the Social Security imposter scam, someone claiming to be from the agency tells the intended victim that he has been accused of a crime and that his bank account will be frozen. To prevent arrest and preserv…

Working together on their budget

Abstract In July and August 2009, the Center for Retirement Research at Boston College (CRR) conducted a survey to gauge three things: 1) how people were responding to the loss of their retirement assets due to the financial crisis; 2) who was responding by increasing their expected working life; and 3) how people were responding…