The CUSO Financial Services, LP (“CFS*”) team at Elevations Credit Union was awarded the Gold Pacesetter award,** as they ranked within the top 15 of all programs across the company. “Advising members on how to make wise choices with their hard-earned dollars is a privilege for our team,” said John Marx, CFS program manager at
How much are you saving for retirement? It’s essential to know how much you can contribute to your IRA, Roth IRA and employer retirement plans. Limits can change year to year. Read on to see what’s changed in 2023.
change from employee to retiree can be difficult. Some employers, especially those in the public sector, have begun offering “phased retirement” plans to ease the transition. What is phased retirement? Who is eligible? And how does it all work?
You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds because retirement planning is not an exact science. Your specific needs depend on your
529 savings plans are tax-advantaged education savings vehicles and one of the most popular ways to save for college today. They can also be used to save for K-12 tuition.
Taxes can have a big impact on your total investment returns. And with tax season here, it’s a great opportunity to revisit your investment portfolio and how tax-deferred and tax-free investments fit into your overall strategy.
Taxes can take a big bite out of your total investment returns, so it’s helpful to look for tax-advantaged strategies when building a portfolio.
When you’re an entrepreneur, you’re in charge of all business details — including finances. By taking the time now to think about the future, you can intentionally set your business up for financial security beyond the day-to-day flow of income and expenses. You don’t need an employer to prepare for retirement, get insurance or create
It’s time. You’re ready to plan how you will save for retirement, or finally do a spring cleaning of your current investments to ensure they’re actually working for you. Perfect! In addition to the program your employer offers, know that you can take control of your financial future by independently setting up accounts to better
We often dream about the freedom of retirement. Perhaps you hope to travel the country by RV, purchase a seaside cabin or gift your grandchildren funds for college. But have you thought about how to make these wishes happen? It’s never too early (or too late) to start thinking and planning for your retirement. Work through the six questions below to put the wheels in motion toward financial security after you collect
