Senior Concerns and Bank of America will present a special community seminar, Savvy Saving Seniors®, It’s In the Cards, on Thursday, December 17, 2015 from 5:30-7:00 p.m., at Senior Concerns, 401 Hodencamp Road, Thousand Oaks.
Many consumers, especially seniors, are looking for ways to better manage and protect their money. Government-issued and prepaid cards are becoming a popular alternative to traditional checking accounts and credit and debit cards. However, consumers should be aware of the fees and downsides associated with using these cards. Prepaid debit cards may include:
• Federal government issued-cards such as Direct Express® (Social Security, SSI, Veteran’s Benefits)
• Electronic benefit transfer (EBT) cards issued by states for food stamps, SNAP (Supplemental Nutrition Assistance Program) or TANF (Temporary Assistance for Needy Families)
• Commercial Prepaid Debit Cards (AARP’s Green Dot or American Express’ BlueBird)
• Retail store gift cards
Join Senior Concerns and Bank of America representatives to learn the six important questions to ask about prepaid card fees, as well as tips and tricks for managing and protecting prepaid cards. In addition, discover what cautions, warnings, and scams seniors should be on the lookout for.
This informative seminar will be presented by Vijay Lala, Senior Vice President, Home Loan Manager with Bank of America, and Michael Guthrie, Vice President, Market Sales Manager with Bank of America. Vijay has been with Bank of America since 1993, serving the Conejo Valley, Malibu, Simi Valley and the southwest end of the San Fernando Valley. Michael has worked with Bank of America for 14 years in the Tri-Valley market of LA West Valley.
Seating is limited. To make a reservation, please contact Senior Concerns at 805-497-0189. Light refreshments will be served.