News & Analysis as of

Retirement Financial Abuse

Chambliss, Bahner & Stophel, P.C.

GAO Calls for Increased Oversight of Organizations That Handle Social Security Benefits for Nearly 1 Million

Every year nearly one million Social Security recipients nationwide rely on nonprofits, nursing homes and other so-called organizational payees to manage their benefits. However, the Social Security Administration exercises...more

McGuireWoods LLP

CFPB Targets Practices Impacting the Elderly

McGuireWoods LLP on

On July 13, the Consumer Financial Protection Bureau (CFPB) Director Richard Cordray delivered remarks at the White House Conference on Aging and signaled the CFPB’s plans to issue an advisory later in 2015 to assist...more

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