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Yielding Wealth | Personal Finance

Personal Finances: The Importance of Checking Your Information

by miranda on January 29th, 2008

Kelly over at Taxgirl sent me an interesting link. It’s about a woman in Indiana whose husband died. When she tried to collect her widow’s benefits, she was told that records indicated that she was the dead spouse. www.theindychannel.com reports on part of her story:

The government also sent a letter to her deceased husband, dated Nov. 16. It begins, “Dear Mr. Anderson: Our condolences on the loss of Mrs. Anderson …”

While humorous to us, it is important to note that there is a lesson here: It is important to periodically check your personal information. You want to make sure that clerical errors don’t tie things up later. Data entry is often done by hand, and from your credit report to insurance policies to just about anything else, the potential for error could cost you money.

Mrs. Anderson knows this. Until the government figures out whether or not she is dead, she won’t be getting her benefits. And that makes it hard for her to make ends meet.

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POSTED IN: Family finances, Personal Finance, Weird

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