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Home Market Research Money

10 Risks That Prove It’s Time to Retire the Checkbook

by TheAdviserMagazine
4 months ago
in Money
Reading Time: 1 min read
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10 Risks That Prove It’s Time to Retire the Checkbook
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Andrey_Popov / Shutterstock.com

Paper checks may feel familiar and trustworthy, but they’re also a growing financial liability in today’s fast-moving world. In California alone, check fraud losses surged by 81% in 2023, according to data from the Financial Crimes Enforcement Network (FinCEN). Especially for retirees on a fixed income, these old-school payment methods can lead to lost funds, delayed payments…



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