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
  1623 Hits

Search Blogs Module

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