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When a person withdraws funds from a taxable or tax-deferred retirement account, like an IRA or 401(k), taxes must be paid on the withdrawal. The amount due is based on the person's total taxable ...
If you're retired or moving toward retirement, these tips can help you know what you're looking for and avoid some of the most common scams aimed at separating you from your 401(k), individual ...
If you are worried about the IRS, you can log onto your official account www.IRS.gov, or call the official hotline at (844) 545-5640. Thitima Uthaiburom/istockphoto Phone Scams
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
Americans aged 60 plus lost over $1.6B to crypto scams in 2023, says FBI — here’s how to spot it now and protect your retirement savings Moneywise February 9, 2025 at 5:03 AM
And whatever you do, don’t send cash, gift cards, or money transfers. You can report scam phone calls to the FTC Complaint Assistant. Online scam No. 4: "Tech support” reaches out to you ...
Seniors are taking the brunt of financial fraud to the tune of $3.4B+. Learn the most common peer-to-peer, impersonation and other scams on the rise to keep your money safe.
Report the scam. If you feel you’ve been taken advantage of by an investment scam, contact your local banking institution to go over how to best protect and recover your personal finance ...