Financial Articles
Fiduciary Regulation
I got the following note 9/30/2018 from my lawyer Eckel, Hoag, Morgan & O’Connor: “The fiduciary rule, a regulation that required financial advisers to put their clients’ interests ahead of their own, is now dead. Registered Investment Advisers are already...
Raytheon’s Life Insurance Policy
Many of our members have noted that they are being asked to identify themselves to Prudential for life insurance policies they received upon retirement. Some are confused that Prudential seems not to have the beneficiaries that were apparently identified upon...
Warning Social Security Hack
URGENT: The United States Office of Personnel Management suffered a cyber intrusion. This information is being supplied to its employees who were hacked and who received a letter from OPM. Last week I received a letter from the US Office of Personnel Management. It...
Travel Guard Recommendations
As I have recommended in the past, it is really important to purchase Travel Insurance when taking an expensive trip. We are, unfortunately, at that age. I received the following information from Travel Guard and since it is not copyrighted I wanted to share it while giving proper credit to the company I use most of the time.
Information for Travelers
Now that we have more time available, many of us are doing more traveling. And that brings up the issue of Travel Insurance and similar protections. I used to always take it out but when our parents passed I figured it wasn’t necessary and omitted getting it. WRONG !!...
When I Die Checklist
Some years ago a friend suddenly passed away. Both he and his spouse were unprepared for this and they had not recorded the large amount of information needed for her to move ahead with her life. This prodded me to develop a document called "When I Die". I built one...
RSVA: Capturing the Past; Creating the Future
RSVA (Retirees School Volunteers Association) presents a unique opportunity for Raytheon retirees to use their many years of engineering experience to add significant value to the STEM(Science, Technology, Engineering, Mathematics) education process as the next...
Marketing Fraud
There has been a lot of press on the subject of telemarketing and other marketing fraud. Much of the fraud is focused on seniors, though I object to the view that seniors are less able to discern skullduggery. (But for those of us with old parents or friends, here are...
Another Scam – Phony IRS Calls
There have been many reports over the last few months of seniors (mostly) getting calls from folks who purport to be IRS agents (sometimes they even know the last 4 digits of your Social Security Number) claiming that you owe back taxes and are in danger of being...
Bill Swanson To Step Down as CEO Effective March 31st – Remaining Chairman of the Board of Driectors
Raytheon announced on Jan. 15, 2014 that its Board of Directors has elected Dr. Thomas A. Kennedy, age 58, to serve as the Chief Executive Officer of Raytheon Company, effective March 31, 2014. Dr. Kennedy will succeed William H. Swanson, who has served as the Chief...