Tagged: junk fees

Hidden “Junk IRAs” to Threaten $43B US Retirement Savings by 2030, Report Claims

Up to 2 million retirement accounts could now reportedly be at significant risk of automatically rolling over into Safe Harbor IRAs every year. Recent research shared by PensionBee indicates that millions of US consumers may be unknowingly “jeopardizing their retirement security” when they change up… Read More

Federal Trade Commission Takes Action Against Bill Payment Firm for Allegedly “Misleading” Consumers, Tacking on Millions in Junk Fees

The Federal Trade Commission is taking action against bill payment company Doxo and two of its co-founders, charging that the company allegedly “uses misleading search ads to impersonate consumers’ billers and deceptive design practices to mislead consumers about millions of dollars in junk fees they… Read More

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