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State Treasurer Warns Retirees

State Treasurer Warns Retirees

The state treasure is warning retired Missourians to be wary of advertisements about certain pension advances.  According to Missourinet, ads offering up front, lump sum payments in exchange for signing away part of a pension are too good to be true.  Treasurer Clint Zweifel says these advances are particularly tempting to those on a fixed income, taking advantage of retired employees by charging sky-high interest rates.  To learn more about pension advances visit www.treasurer.mo.gov.  

 

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