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Moneywise

Moneywise

Business

Business & Economics

NYC man lost $114,000 — his entire 401(k) — after his physical check from Paychex was stolen and cashed

Moneywise
Summary
Nutrition label

62% Informative

Paper checks in 401(k) rollovers expose savers to serious risks, including fraud and theft.

Paper checks persist because of legacy systems, regulatory concerns and a lack of standardized digital options.

With check fraud and scams on the rise, protecting your savings is more important than ever.

Robert Kiyosaki warns of a 'Greater Depression' coming to the US - with millions of Americans going poor.

He says these 2 'easy-money' assets will bring in great wealth’. How to get in now is how American car dealers use the ' 4-square method’ to make big profits off you.

VR Score

43

Informative language

29

Neutral language

26

Article tone

informal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links