Asset Planning, Inc Blog

The latest from the team.

Privacy Notices


We’ve all gotten them, those privacy notices from your financial institutions that you get in the mail or receive electronically. Usually they are mailed out once a year or you receive one when you open a new account. Let’s be honest, most of us do not take the time to actually read them and they end up being filed away and forgotten about. Well we recently came across an article on My Money Blog that pointed out exactly what those companies are sharing about you and why it’s important for you to take the time to opt-out if you do not want your personal information shared with other companies.

Here is an example of a privacy notice:

Privacy Notice

The information that they share includes:

  • Social Security number
  • How much you make (Income)
  • How much money you have (Balances)
  • What you buy (Transaction history)
  • How much you borrow (Credit and payment history)

The amount of sharing varies widely:

  • For our affiliates to market to you = We can share with companies who are under the same ownership or control.
  • For non-affiliates to market to you = We can sell your information to anyone! They don’t even have to be financially-related companies.

Most of us are busy with our everyday lives and won’t take the time to opt-out and this is what the financial institutions are counting on. If you are tired of receiving unsolicited offers for credit cards or other services and are worried about your personal information being shared it only takes a small effort to contact your financial institution and opt-out. Most of these privacy notices can be found online when you log in to your account or you can call the company directly. Just imagine the amount of trees you will be saving when you stop getting 5 unwanted credit card offers in the mail a day. Not to mention the peace of mind you will have knowing that your information is not being sold.

Continue reading
  1780 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
credit card company credit card fraud settlement options Legal robocalls identity theft Healthcare phishing scams tax returns team members Kiplinger Letter clone counterfeits birth certificates phishing sites house sitter pet industry IRS deadline notary services holidays approach paperwork clutter ID card family members checklists Joey Gonzales tax deadlines parking spots pet supplies donation items disaster areas April 18 2017. tax filing deadlines CERTIFIED FINANCIAL PLANNER exam partner /owner July 3 rd trustee September 8 drive /usb Retirement Contribution Limits contribution limit breach flash drive 2017 Equifax breach Flexible Spending Account Labor Day COVID -19 virus Wells Fargo customers October 1 2020. retirement plans 70 1/2. Social Security Administration business hours home memorial Day weekend phone companies coronavirus check lists Mobile Banking Security Tips Economic Security self-help topics account numbers rescue organizations June 29 student loans investment statements health care costs 900 number privacy settings ice cream home break-ins Medicare Coronavirus Aid FSA vacation September 9 increase fun facts retirement accounts executive order Asset Planning asset Planning credit monitoring service stock pile summer estate planning direction web address Brexit vote ice cream event estate Orange County Superior Court emergency folder Victor Dergunov information Facebook tax records paper records Charles Schwab 401K interest rates driver license Independence Day jury duty trust Shred paperwork illiegal robocallers interest earthquake app prescription eyeglasses insurance policy official certification payments email notifications phone items pet app home mortgages credit score donation counts Medicare Part B premiums company cell phone SIM swap scam Social Security cell phone service provider policy https :// D premiums opt-out money water … cell phone carriers offer “ skimmer ”. Orange County tax season emergency kit Roth IRA spread September 30 2020. https ://seekingalpha markets Open Enrollment 20 year anniversary earnings fallout spring cleaning clients show support 2017 IRA contributions people medications April 15 vision screening stimulus package health care services home security relief efforts Federal Trade Commission website IRA accounts market turmoil National Ice Cream month Fox News story Facebook profile documents pet donation drive Part B credit cards Medicare Advantage pets IRS integral member portal Medicare plan 23 andme emergency kits tax deadline padlock scams Erin Nelsen gap insurance clients consumer spending insurance policies information media accounts Financial Planning Magazine offering insurance April 11 hurricane Dorian chip-enabled EMV cards credit freeze TD Ameritrade Auto insurance identity thieves bottom line Ice Cream Social president Trump life saver FEMA website cell phones Two-Step Verification Expired medications Wells Fargo employees news coverage spam phone VOIP landline phones years July 4 car loans cell phone provider home emergency kit wells Fargo client portal retirement planning toilet paper cell phone carriers February 14 debt Puerto Rico card reader estate planning July 6 text messages non-prescripstion sunglasses 2017 TD Ameritrade National LINC Conference borrowing money Affordable Care Act blog post privacy notices Supplemental Security Income Notary Public fun atmosphere CA FTB 2018 IRA contributions Kraig Mathias assets California Lions Friends CARES Act operations manager DNA test kits Medicare question Part D premiums . records January 10 CFP ® Medicare Part B Treasury Department fees Amazon Open House banking 4 pm -8pm July weekend EEChecklist-Kits.pdf stockpilingchecklist.pdf home emergency preparedness kits retirement