Building a great credit score is more important than ever. Good credit opens the door to new possibilities like a house, a car, and even a college education. Always focused on what is best for its members, Purdue Federal Credit Union’s team...
Read MoreMarkets and Investing
Everwise Credit Union provides tools to both build credit and avoid debt
Overcoming debt and building credit can sometimes feel overwhelming. For many, financial situations like these can also feel isolating. Everwise Credit Union provides both in-person and online resources to its clients so that they know they are not...
Read MorePurdue Federal Credit Union ‘Financial Foundation Series’ created to empower young adults with financial literacy
Purdue Federal Credit Union is taking a proactive approach to financial education by launching the “Financial Foundation Series: Beyond Graduation.” The three-video series is designed to empower graduating high school students and their parents...
Read More1st American Management Company’s experts break down HOA financial statements
In a homeowner association (HOA), the board of directors has a long list of responsibilities, not least of which is ensuring that the organization’s finances stay on track. A financially healthy HOA means smoothly completed projects, well...
Read MoreRoth IRA – Part 2 Backdoor Case Study
This month’s blog is part 2 of a 3-part series on building Roth dollars for high-income households. Last month we looked at what happens to high income households (for 2024: >$230,000 Married, >$146,000 Single) when they can no longer make...
Read MoreEverwise Credit Union has tools to spring clean your finances
Springtime is an ideal time to reorganize clutter and get the garden ready for summer. It’s also the perfect time to reexamine your finances and take steps to support you and yours in 2024. For the first step, Jeff Sobieralski, director of...
Read MoreRoth IRA Income Limits & Fixing Excess Contributions
It’s normal for me to get a few texts from friends & family throughout tax season looking for help. Something I’ve seen more this year than others is people making excess Roth IRA contributions. This is generally a fantastic problem to have...
Read MoreProblems with Probate
Many of us hope to leave something behind for our loved ones when we pass away. But the probate process is complex. To understand how to better manage potential probate fees, let’s explore what probate is and how the process works. WHAT IS PROBATE?...
Read More529 to Roth Rollover
In December 2022 Congress passed the SECURE Act 2.0 (Setting Every Community Up for Retirement Enhancement) which updated many retirement-focused legislation. RMDs (Required Minimum Distributions) from IRAs were pushed from age 72 to age 73 or 75,...
Read MoreFirst Trust Credit Union cultivates culture of trust to empower members
With finances impacting nearly every facet of life, finding someone to trust with those finances takes thorough consideration. Finding a financial organization that cares about your needs and goals is a crucial element in deciding who to entrust with...
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