Senior Living & Resources
New securities helpline for senior citizens
Every day for the next 15 years, the Social Security Administration estimates, an average of 10,000 Americans will turn 65.
Seniors often have unique needs that elevate the necessity for expedited attention with securities brokerage concerns. These needs can result from a lack of outside income, potential health complications and even diminished mental capacity.
The Financial Industry Regulatory Authority, a securities regulator, has launched the FINRA Securities Helpline for Seniors, which provides older investors with a place to get assistance from knowledgeable staff related to concerns they may have with their brokerage accounts and investments.
Senior investors can reach this no-cost helpline by dialing 844-574-3577 from 9 a.m. to 5 p.m. Eastern time weekdays. The website is www.finra.org/SeniorHelpline.
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