Banks Can Now Freeze Your Money After 65 For Months (Most Don’t Know)

https://kevinexplains.shop After 65, a bank or brokerage can hold your own money without a judge, and this year the clock got much longer. Here is what changed, what a long hold can break, and how to get one lifted early. What You'll Learn - How long banks and brokerages can now hold your money - Why money coming into your account is now watched too - The paperwork a bank can now refuse - The insurance a long freeze can cost you for good - Who the bank calls, and who it is allowed to skip - The questions that can end a hold early Questions or business/collaboration: [email protected] CHAPTERS 0:00 Your Money, On Hold 2:42 Why 65 Is the Switch 3:39 The Hold Clock Got Longer 4:31 The 145 Day Proposal 5:46 Glenda's Story 7:19 Banks Now Watch Money Coming In 10:10 Moving Money Out of a Brokerage 10:49 What Banks Can Now Refuse 13:30 The Bills a Freeze Can Break 14:12 Medigap, Life and Long Term Care 15:51 The Two Pile Plan 16:39 Russell's Story 18:03 Who Gets the Phone Call 19:10 Choosing the Right Trusted Contact 21:14 The Fake Freeze Call 22:27 Questions That End a Hold Early 25:50 What Comes Next 26:57 The Order To Do It In This video is for general education only and is not financial, legal or insurance advice. Hold rules vary by state. Names in stories are composites. Check your own situation with a qualified professional. Sources: FINRA, SEC, Federal Register, North Carolina General Assembly, Georgia General Assembly, Nacha, Federal Reserve, Medicare.gov, FBI IC3, FinCEN, ICI #BankFreeze #Seniors #Retirement