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Tag Archives: pension funds

Retirees Lose Big by Borrowing Against Hard-Earned Pension Funds

Consumer-watch groups warn that older Americans may be at risk of losing their pensions to loan scammers. Recently, aggressive lenders have been targeting retired teachers, military veterans, first responders and other pension holders to take out cash advances from their retirement funds. These so-called advances are in reality craftily disguised loans that carry extraordinarily high […]