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
  1910 Hits

Search Blogs Module

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