Many folks have questions about their 401(k) dollars. How to access them and how to convert them moving forward. It can be confusing, but the CFS* wealth management advisors at Elevations can help you navigate your choices like the example below. Here’s the dilemma: You have a traditional 401(k) that contains both after-tax and pre-tax
There are so many ways to buy and sell as an individual online. Through platforms like Facebook Marketplace, Craig’s List, and Poshmark, you can sell your unwanted possessions or purchase products from other individuals. While the premise seems simple, there are rules to follow and red flags to be aware of that can help keep
Massive computer hacks and data breaches are now common occurrences — an unfortunate consequence of living in a digital world. Once identity thieves have your information, they can use it to gain access to your bank and credit card accounts, make unauthorized transactions in your name, and subsequently ruin your credit. Now more than ever,
Our members often have questions about annuities and their benefits. Favorable tax treatment is one of the main reasons for buying an annuity. So what exactly are the tax benefits? Are there any drawbacks? It’s important to know the answers to these questions before deciding whether to purchase an annuity. Of course, any information on
There are creative ways to refinance debt and save money in the process. For instance, a lower-interest auto loan can be used to refinance a high-interest loan like a credit card.
As we near the end of the year, many people start to think about whether it makes sense to retire now or keep their career going. There are quite a few considerations to make. One of the most important things to do is to sit down with your financial advisor and make certain that your plan is in place. This blog provides information from our partners at Broadridge that discusses many of the critical elements that should go into your decision.
There are any number of reasons why you don’t want to buy life insurance. However, there are even more reasons that you absolutely need to consider it. September is Life Insurance Awareness Month, so there’s no better time!
Your investments don’t only have to serve you – they can serve causes and organizations you believe in. This concept is especially resonant for our team of CFS* Financial Advisors at Elevations Credit Union, where we give back to the community and act in the best interest of our membership. In this article prepared by Broadridge, learn about some of the ways to approach investing through a socially conscious lens.
May is Disability Insurance Awareness Month, so it’s the perfect time to consider how your disability insurance policy factors into your overall financial plan. According to the Council for Disability Awareness, just over 1 in 4 of today’s 20-year-olds entering the workforce will become disabled for three months or more before they retire. Disability insurance
Each member of Elevations Credit Union is an equal owner of our financial institution, and we provide a variety of resources to empower our members with financial education and help them succeed. Seminars: We offer seminars on topics like retirement, home buying, financial planning and insurance. Sign up for one today! Our website and blog: Find
