Eileen Ambrose

Eileen Ambrose is a senior editor and writer for the Money Team. She previously was a personal finance columnist with the Baltimore Sun.
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En español | The statistics are grim and are predicted to only get worse as the boomer generation ages.
Retirement
En español | Older workers are less confident today than a decade ago about having enough money for a comfortable retirement, according to a new survey by the Employee Benefit Research Institute.
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It’s bad enough being scammed out of your money once. But some older consumers are being conned a second time by so-called asset recovery companies promising to help recover the money lost in the initial fraud, the Consumer Financial Protection Bureau (CFPB) warns.
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International drug traffickers have found a group of new couriers to transport their cocaine, heroin and methamphetamine: older Americans.
Bar graph of debt
Older Americans have more than doubled their amount of debt over a dozen years, and many of them make ends meet by forgoing home or car repairs and cutting medications in half, according to a new report by the National Council on Aging.
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Identity theft has become so prevalent that some regulators say it’s not a matter of if you’ll become a victim, but when.
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Small businesses would be able to band together to create a joint 401(k) retirement plan, and some part-time workers could participate in their employer’s plan, under proposals to be included in President Obama’s final budget to Congress.
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If you recently changed your password to “starwars” in honor of the blockbuster movie, congratulations. Your new password is among the world’s worst — or rather, one of the most hackable.
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Federal lawmakers will simplify tax planning for many by making certain tax breaks permanent — including one for charitably inclined older investors.
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The U.S. Department of Labor is paving the way for states to sponsor retirement plans for millions of private-sector workers who don’t have such programs on the job.
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