When you and your family are the victims of a natural disaster, one of the last things on your mind is taxes. But depending on your situation, you may be able to get relief in the form of a filing extension or early access to your return:How do you know if you qualify for relief?According to the IRS, an affected taxpayer can be an individual,...
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What Tax Relief is There for Those Affected By Natural Disasters?
Topics: Financial Education
What to Consider When Choosing a Tax-Deductible Charity
Donating to a tax-deductible charity can boost your small business in a variety of ways. It lets you give back to your community, support causes that are important to you, and create a positive image for your company. Depending on how much you donate, your business could enjoy tax perks as well. Here are some tips to keep in mind as you choose a...
Topics: Small Business
Get Ready To Buy a Home by Improving Your Credit Score
As the new year approaches, the idea of buying a home might be on your mind. It’s an exciting goal to set, and it's never too early to start laying the groundwork. One crucial step to prepare for homeownership is building a solid credit score.
Topics: Mortgages / Home Equity
Bank Employees Go Above and Beyond: Donations Exceed $100,000 in 2023
First Federal Bank is pleased to announce the success of its 2023 First Federal Way campaign, which received contributions of $50,430 from employees. With the bank's match, a total of $100,900 is being donated to local non-profit agencies who make a significant difference in their communities.
How to Make Safe and Secure Transactions at an ATM
For many people, an automated teller machine is still their preferred method of depositing checks and cash as well as withdrawing money. If you plan to use an ATM — whether near your home or in another town you’re visiting — make sure to follow this advice so you lessen the chance of becoming an ATM crime victim:Choose the best locationWhere an...
Topics: Personal Banking, Financial Education
Tips for Managing Health Care Costs in Retirement
As you plan your retirement finances, be sure to take health care costs into account. Even though Medicare will cover a large chunk of your expenses, it’s likely you’ll still need to pay premiums and deductibles, vision and dental, long-term care, and more. In fact, according to Fidelity’s 2023 Retiree Health Care Cost Estimate, the average couple...
Topics: Retirement, Financial Education
How Online Banking Works: A Beginner's Guide
There’s so much that can be done with greater ease online, and that includes managing your money. Online banking is a feature offered by nearly every type of financial institution, and it offers a great deal of convenience and flexibility. By learning how to leverage online banking — and how to keep yourself safe in the process — you can take...
Topics: Personal Banking, Financial Education
8 Inflammation-Fighting Foods and Drinks
Chronic inflammation is associated with a long list of serious health conditions, including cancer, heart disease, and diabetes. Fortunately, incorporating certain foods and drinks into your everyday diet can help to ward off inflammation, reducing risks to your health and boosting your overall wellbeing.Why is it necessary to fight inflammation?
Topics: Lifestyle
How to Build Credit for Your Business
One crucial element that can significantly impact your business’s financial standing is credit. Just as individuals rely on personal credit scores, businesses need to establish and maintain strong credit to access financing, secure favorable terms, and build trust with partners and suppliers. Let's explore four methods to build business credit:...
Topics: Small Business
First Federal Bank Donates to Haven Hospice
First Federal Bank is pleased to have supported Haven Hospice's Holidays with Haven at the Blanche event. In addition to being a sponsor, the bank’s President and CEO, John Medina, served as the emcee for the evening. Those in attendance likely noticed his festive hat and jolly hosting style.
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