Older Victims Have Been Losing More and More Money to Elder Fraud

Christine Parker, CFP®, Chartered SRI Counselor sm, is Managing Director of Parker Financial, LLC; an Independent Fee Only Investment Advisor in the state of Maryland.  Christine currently serves as a member of the Sagepoint Senior Services Foundation Board of Officers and Directors.  It is very possible for seniors aged 60 and older to experience irreversible … Read More →

Sage Advice Community Conversation Series Begins in September

There are no easy answers when it comes to a loved one suffering from dementia. But, there are resources and tools to help you better understand this disease and feel more prepared when caring for someone with dementia. In our newly launched Sage Advice Community Conversation Series, we aim to provide information and tools for … Read More →

Supporting Sagepoint is the Greatest Gift You Can Give to Our Residents and Their Families

We all have special moments that live in our hearts. The first time meeting your best friend. Saying “I do.” Watching your granddaughter receive her diploma. We remember these moments because they bring us so much joy, help us stay forever young and keep us connected to loved ones passed.  These moments are magical, and … Read More →

Sage Advice: Stop the Scam

Every Year, Scammers Steal Hundreds of Millions from Seniors. Here Are Some Ways to Stop the Scam.  The senior population is a vulnerable group that is often targeted by scammers. In fact, in 2021, there were 92,371 senior victims of fraud, resulting in $1.7 billion in losses*, with likely more stolen in unreported incidents. As … Read More →

Tax-Free Charitable Giving From An IRA

Seniors age 70 ½ or older can make tax-free charitable donation from IRAs that count toward satisfying required minimum distribution and reduce taxable income. What is a Qualified Charitable Distribution (QCD)? A QCD is a tax-free charitable distribution of funds directly from the IRA trustee (custodian) of an eligible IRA account payable to a qualified … Read More →