Money Smart for Older Adults
Money Smart for Older Adults (MSOA) is an instructor-led training developed jointly by FDIC and CFPB. The module provides awareness among older adults and their caregivers on how to prevent elder financial exploitation and to encourage advance planning and informed financial decision-making.
FDIC and CFPB invite stakeholders to order and begin teaching what elder financial exploitation is and why older adults are at risk. MSOA is a tool for bank-community partnerships. For example, bank staff could deliver this information in collaboration with providers of senior services or adult protective services.
There are seven segments covering the following topics:
- Common Types of Elder Financial Exploitation
- Scams Targeting Veterans
- Identity Theft
- Medical Identity Theft
- Scams that Target Homeowners
- Planning for Unexpected Life Events
- How to Be Financially Prepared for Disasters
The instructor-led curriculum is available as a downloadable order. If you encounter difficulty downloading the product, please notify us by writing to email@example.com .
The Participant/Resource Guide is available in PDF format from the Consumer Finance Protection Bureau.