The revisions to the Sanction Guidelines come after both FINRA and the National Adjudicatory Council (NAC) reviewed the current guidelines and expressed concerns over potential undue influence exercised over senior investors or those investors who may not be able to protect their own interests.
The Social Security Administration announced last month that the cost-of-living adjustment for retirees receiving Social Security benefits would increase by only 1.3 percent in 2021, the second year in which adjustments had been lower than the year before.
The availability of long-term care insurance policies is continuing to decline, even as the need for such care is growing, an interagency task force led by the Treasury Department has said.
Open enrollment for Medicare Advantage plans and Part D prescription coverage starts on Oct. 15 and ends on Dec. 7. Resist the temptation to automatically reenroll in the plan you have. Doctors and networks can change. Failure to keep up with these changes could lead to higher costs.