In a recent survey, 75% of current workers stated they plan to work for pay after retiring.1
And that possibility raises an interesting question: how will working affect Social Security benefits?
The answer to that question requires an understanding of three key concepts: full retirement age, the earnings test, and taxable benefits.
Read more
In the ever-changing landscape of personal finance, one concept stands out as a cornerstone of financial stability: the emergency fund. Life is unpredictable, and unexpected expenses can arise at any moment. Whether it's a medical emergency, car repairs, or a sudden job loss, having an emergency fund can be the difference between financial ruin and maintaining peace of mind.
Read more
Financial success often hinges on understanding and navigating the three stages of wealth management: accumulation, preservation, and distribution. Each stage is critical and requires a tailored approach to ensure long-term financial stability and prosperity. Let's delve into how your credit union can be a pivotal ally in guiding you through these phases, addressing key themes such as emergency funds, retirement planning, and estate planning.
Read more
