Author: Atlanta Senior Life Staff

Elder Fraud Sweep & Fraud Hotline

This year, prosecutors charged more than 400 defendants, far surpassing the 260 defendants charged in cases as part of last year’s sweep. In each case, offenders allegedly engaged in financial schemes that targeted or largely affected seniors. In total, the charged elder fraud schemes caused alleged losses of over a billion dollars.

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Out & About: April 2020

While there were a lot of scheduled activities for April, many events may be cancelled or postponed due to Coronavirus concerns. Please check the event websites for updates.

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Inside the Movie

There were no 4DX special effects for the first 15 or 20 minutes,  but then there was an explosion and suddenly I felt like I was part of the movie. The chair pitched back and dropped, while a gust of wind and water droplets hit my face. It was disorienting and a total shock, but also put me right into the action.

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Ask Rusty: What Happens to my Social Security if I Die at Age 62?

Social Security FICA payroll taxes collected from current workers are used to pay all those who are currently receiving benefits. Any excess collected which is not paid out in benefits is deposited into a special Trust Fund and held in reserve for the future. My hope is that understanding this will dispel a far too widely held myth that the money you pay into the Social Security program from your paycheck is deposited into a personal account for you—it is not. Rather, that money is used to pay benefits to all those who are already collecting Social Security.

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