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The Medicare flex card scam Some Medicare Advantage plans (private insurers’ alternatives to Traditional Medicare) offer members Flex cards —prepaid debit cards to pay for out-of-pocket ...
The latest scam is claiming that adults over the age of 51 can get a spending card through certain government programs. However, no programs exist and Social Security benefits are limited to ...
How Medicare flex cards work. Not everyone in a Medicare Advantage plan will qualify for a flex card, and if you’re enrolled in traditional Medicare, you can’t get one. Spending limits vary by ...
A FSA Debit Card is a type of debit card issued in the United States against a special tax-favoured spending accounts. These include accounts such as flexible spending accounts (FSA), health reimbursement accounts (HRA), and sometimes health savings accounts (HSA). An example of a Flexible spending account debit card with info edited out.
In the United States, a flexible spending account (FSA), also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. [1] One significant disadvantage to using an FSA is that funds not used by the end of the plan year are forfeited to the employer, known as the "use it ...
Cryptocurrency is a popular scam right now since many seniors know so little about it. If you are offered an investment on the phone, turn it down and do your own research. Dan Shick/Wikimedia Commons
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Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".