First Federal Bank Blog

If you’re like many Americans, you probably receive your health insurance through your job. However, when it comes time to retire, you’ll be faced with a difficult — and potentially costly — problem. Here are some tips for navigating the complicated world of health coverage in your golden years.Check with your current providerExplore how your...

As you transition into different stages of your life, you may be able to save more on your taxes with new and bigger deductions. The following are a few of the major ways you can do so.Education deductionsEducation is expensive, but deductions can help you get some of your money back. If you were a student in 2019, the IRS offers a number of...

Financial scams against the elderly are on the rise — and getting more sophisticated. Whether you’re looking to protect yourself or others, it’s important to stay informed about the methods that scammers use to swindle people out of their money.Romance scamsRomance scams are one of the most common ways for fraudsters to target elderly people,...

Whether you’ve recently graduated from college or are winding down from a long career, it’s important to choose the proper investment strategy for your age. With the right approach, you can put your money to work effectively and enjoy greater peace of mind as you draw near to retirement.

Having a professional tax advisor in your corner can help you cut through the dense thicket of paperwork, letting you focus more of your attention and energies where needed.

The investment landscape can be volatile and difficult to understand. But investing is a phenomenal way to add to your financial portfolio. The one thing it isn’t, though, is sentimental. That’s why factoring emotions into the way you manage your investments puts you at a high risk for making poor decisions and racking up losses.Disregard personal...

Money management is a complicated subject even adults can experience trouble mastering. So, it’s understandable if the prospect of teaching your kids about money might not be your favorite parental to-do. Start simply with a certificate of deposit to teach your kids the fundamentals of saving money.Set up an accountA drive-thru or online field...

What Should You Do with the Money You Receive from the CARES Act?

Knowing your credit score is the first step to securing a loan for a new car, starting your own business, or taking out a mortgage. With everything available online these days, checking your credit score is easier and more convenient than ever — as long as you know where to look.Credit report vs. credit scoreOne of the best ways to stay up to date...

You want your home to be as comfortable, efficient and as beautiful as it can be. However, deciding which home improvement projects or upgrades to invest in can be confusing. These home upgrades will help you save money in the long run.