Changing Jobs and Your Retirement Accounts

March 18, 2022 by First Federal Bank

If you’ve left your former job for a new employment opportunity, you’re likely leaving behind a substantial balance in your employer-run retirement account. You have multiple options available to you when deciding how to handle those funds, so make sure you consider each one to find the solution that’s best for you:

Topics: Retirement, Financial Education

When Should You Start Banking Online With Your Kids?

March 16, 2022 by First Federal Bank

Part of your job as a parent is to prepare your kids for the future. One important component of their future is learning how to handle money. Yes, financial literacy can seem daunting and complex, but you can start small by introducing your young kids to simple concepts like saving money in an online savings account. Here is a guide to help you...

Topics: Personal Banking, Financial Education, Family

Tax Advice for Planning Your Retirement Income

March 09, 2022 by First Federal Bank

Once you’ve achieved your goal of retirement, making your well-earned income stretch as much as possible becomes a chief priority. Structuring your retirement around how your retirement income is taxed helps keep your finances free and flowing so you’ll never need to worry about making ends meet.

Topics: Retirement, Financial Education

Social Media Credit Card Scams

March 04, 2022 by First Federal Bank

Social media can be a force of good, connecting people across the globe. It can also be a source of evil, with unscrupulous people and companies trying to get your money, data, and personal information. Social media scams are prevalent in the virtual world; here is a closer look at how they could trick you and how to stay safe:

Topics: Financial Education

Managing Your Child’s Credit

February 28, 2022 by First Federal Bank

You may not think you need to be concerned about your young child’s credit now, but identity thieves do not discriminate. They can target minors and wreak havoc on their credit before parents are even aware. So, it is important to work to protect your child’s credit history, before they need it.

Topics: Financial Education, Family

College Alternatives

February 23, 2022 by First Federal Bank

While college can be an excellent prospect for many students, it’s far from the only path to success. Whether you’re looking to save money, fit classes into your busy schedule, or simply pursue a different type of career, these college alternatives could be the perfect opportunity for your lifestyle. Here’s an overview of what these four...

Topics: Financial Education, Family

Finding the Right Renters Insurance

February 18, 2022 by First Federal Bank

If you are paying rent — whether it is in an apartment, condominium, or home — it is vital you have renters insurance. These policies often provide liability insurance and can protect your personal property in the event of certain tragedies like fire, theft, or flooding. Here are some tips on finding the right renters insurance for your needs:

Topics: Financial Education

Checks and Balances: Balancing Your Checkbook

February 16, 2022 by First Federal Bank

Balancing a checkbook has been shorthand for financial responsibility for generations. While it’s always been presented as a laborious, unenviable task, keeping your money in order is fairly simple as long as you stick to a routine. Since so much of our world is now paperless and digital, balancing your checkbook is easier than ever.

Topics: Personal Banking, Financial Education

Taxes and Your Blog

February 07, 2022 by First Federal Bank

Blogging is a profession that allows for a lot of flexibility and is appealing to those who wish to make their own hours or work from home. One thing some people are still in the dark about is filing yearly taxes. As a self-employed individual, there are certain things you should know about when it comes to taxes and your blog:

Topics: Financial Education

Is Now the Best Time To Apply for a HELOC?

February 02, 2022 by First Federal Bank

With historically low mortgage rates and soaring real estate prices, today’s home owners have unprecedented amounts of available equity in their homes. Now could be an excellent time to apply for a Home Equity Line of Credit (HELOC) from First Federal Bank.

Topics: Financial Education, Homeowners

The content on this site is intended for informational purposes only and should not be considered accounting, legal, tax, or financial advice. First Federal Bank recommends that customers conduct their own research and consult with professional legal and financial advisors before making any financial decisions. Links to third-party websites may be provided for your convenience; however, First Federal Bank does not guarantee the reliability, accuracy, or safety of the information, products, or services offered on these external sites. We are not liable for any damages resulting from the use of these links, and we do not investigate, verify, or endorse the content or opinions expressed on any third-party sites.

Leave us a comment and join the conversation.