7 Places Seniors Should Never Keep Their Money After 65

Where you keep your money after 65 can matter as much as how much you have, and seven common places let it be taken from retirees. Covered: cash and gold at home and FBI courier scams, payment app balances not FDIC insured (Venmo, PayPal, Cash App), brokerage and IRA cash sweep rates, the Phantom Hacker "safe account" scam, crypto ATM and bitcoin kiosk fraud, joint bank accounts with adult children and IRS levies, matured savings bonds, plus FDIC insurance limits and payable on death beneficiaries. Essential elder fraud, bank account, and savings protection for seniors, Social Security recipients, and fixed income retirees. Get The Senior EXEMPT Playbook (the guide from the QR code in this video) — every bill you are legally allowed to stop paying after 65, in one guide: https://senior-exempt-playbook.netlify.app Chapters: 0:00 Where you keep your money after 65 1:39 Cash and gold at home 4:11 The payment app balance 6:27 The cash in your brokerage or IRA 9:21 The safe account 12:20 The crypto ATM 14:51 A joint account with your adult child 17:16 Old savings bonds in a drawer 19:42 The one place the government guarantees 21:04 Your 7 action steps DISCLAIMER: This video is for general educational and informational purposes only and is not legal, tax, investment, or financial advice. Insurance coverage, account agreements, state laws, and federal rules vary and change, and every situation depends on its own facts. Always confirm your situation with your bank, the FDIC, the Consumer Financial Protection Bureau, an elder law attorney, or a licensed professional before acting. #SeniorFinance #ElderFraud #RetirementIncome