elder abuse protection

Elder financial exploitation threatens the financial security of millions of older Americans annually. CFPB has released updated resources for elder fraud prevention and response networks, including a report on the network collaboration and a streamlined virtual Network Development Guide.

This brief highlights the critical services provided by the Older Americans Act (OAA). It also reviews the current funding challenges the program faces in light of rising inflation and increased demand for services from a growing population of older adults. The OAA was last renewed in 2016 for three years and is up for renewal again in 2019.