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
  1117 Hits
1117 Hits

Search Blogs Module

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