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  2. The occasional $500 here or $1,000 there might not seem like much, but over time, it can drain your retirement fund faster than you realize. Setting firm financial boundaries is critical.

  3. 8 Safe Investments for Seniors - AOL

    www.aol.com/finance/8-safe-investments-seniors...

    Certificates of deposit don’t carry the backing of the U.S. government in the same manner as Treasury securities, but they are insured by the Federal Deposit Insurance Corporation to the tune of ...

  4. 7 best banks for seniors and retirees in February 2025: Ring ...

    www.aol.com/finance/best-bank-accounts-for...

    U.S. Bank is a brick-and-mortar bank with over 2,000 physical branches in 27 states. As someone who values face-to-face banking, I appreciate U.S. Bank’s extensive network. Plus, it offers a ...

  5. Federal Deposit Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Federal_Deposit_Insurance...

    The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. [ 8 ] : 15 The FDIC was created by the Banking Act of 1933 , enacted during the Great Depression to restore trust in the American banking system.

  6. Federal Insurance Contributions Act - Wikipedia

    en.wikipedia.org/wiki/Federal_Insurance...

    The Federal Insurance Contributions Act (FICA / ˈ f aɪ k ə /) is a United States federal payroll (or employment) tax payable by both employees and employers to fund Social Security and Medicare [1] —federal programs that provide benefits for retirees, people with disabilities, and children of deceased workers.

  7. Worldwide Assurance for Employees of Public Agencies

    en.wikipedia.org/wiki/Worldwide_Assurance_for...

    WAEPA offers up to $1.5M in coverage, [12] as well as a Chronic Illness Rider, [13] Guaranteed Issue Group Term Life Insurance, [14] and Group Short-Term Disability Insurance [15] for new federal employees. Since 1996, WAEPA has refunded over $101 Million dollars in premiums to its members.

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