When household budgets are squeezed, it can be hard to prioritize finances for the future when bills need to be paid today. But such is the importance placed on retirement savings by millions of working Americans that continuing to make contributions to their 401(k) remains a priority even as stubborn...
When your clients are discussing their retirement plans with you, they may be thinking of relocating outside their current state, but are they planning to make a bad move? Decisions may be driven by several factors including the weather, being near other family members, or simply a long-held desire to...
A man has been charged by the SEC for misappropriating millions of dollars invested by people who believed they would become ‘rich’ from cryptocurrencies. Richard Heart, also known as Richard Schueler, and three entities he controls are accused of selling unregistered securities, namely crypto assets that raised $1 billion from...
Faith is a powerful thing but when people are persuaded to believe in too-good-to-be-true investments, it can also be costly. The SEC has charged Brent Seaman of Naples, Florida, with fraudulently raising around $35 million from 60 investors, including fellow members of his church, in what he said were “safe”...
Financial regrets are commonplace, with almost three-quarters of Americans admitting in a recent poll that they have at least one. With inflation and interest rates forcing millions across the U.S. to consider the state of their finances, the survey from Bankrate.com discovered that not saving enough for retirement is the...
A fraudster who has been convicted twice before has been charged by the SEC for alleged involvement in a multimillion-dollar Ponzi-like scheme. The regulator says that Eliyahu Weinstein, Aryeh L. Bromberg, Joel L. Wittels, Richard M. Curry, Christopher J. Anderson and Alaa Mohamed Hattab defrauded a total of $38 million...