What is Safe Harbor in the Bank Secrecy Act? Banking Safe Harbor laws are intended to protect senior citizens from losing their savings; and sometimes those same laws can remove the account owner's access to those savings, even if the senior citizen account owner didn't do anything wrong or violate any banking rules. The Safe Harbor is meant to protect the financial institution as well as their employees from facing civil liability when they report suspicious activities or share compliance data with authorities that may cause the account's owner from accessing their account and/or funds. This apparently applies to those 65 years of age or older in a way that can protect seniors from scams but can also backfire on them as well. So here's what senior citizens 65 and older should know about their bank accounts. Balancing Protection and Access: Understanding Florida’s Elder Banking Safe Harbor Law Florida is home to one of the largest retiree populations in the country,...
My fellow citizens — my family — We need to talk. Not as Democrats. Not as Republicans. Not as left or right, red or blue, this side or that side. We need to talk to each other according to what we actually are underneath all of it: as *we, the people.* For too long, we have let politics divide us. Not just cause us to disagree with each other — flat *divide* us. It divided my Mom with my Grandmother and Uncle....especially around the holiday get-togethers. It caused the most damage between me and my mom; mostly over her handing me a pre-filled ballot and requiring me to show my 'Just Voted' sticker same day to avoid her 'wrath'! I really never listened as a kid, as a pre-teen..then she parted ways with me around 15.......and I never really caught up with her again until years later, about 300 miles north of where we parted...Polk County. After catching up and making up with my Mom, the years moved on. I stayed in an apartment attached to my mom's house. I...