A tariff is a tax on a particular class of imported goods or services that is typically designed to help protect domestic industries from foreign competition.
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The Social Security Fairness Act Increases Benefits for Millions
This bill restores full Social Security benefits to some public-sector employees, including teachers, law enforcement officers, firefighters, and others who have been affected by two provisions of current federal law — the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP).
Dreaming of Retirement? Consider Maxing Out Your 401(k) in 2025
About 70% of U.S. private-sector workers have the option to contribute to a retirement plan such as a 401(k), 403(b), or 457(b) plan provided by an employer. Unfortunately, many of them don’t take full advantage of this tax-friendly opportunity to save for the future.
Can You Access Your Retirement Plan Money After a Disaster?
If you have been affected by a recent federally declared major disaster, you may be relieved to hear that over the past few years, it has become easier to access your work-based retirement plan and IRA money. Following is a brief summary of the rules for qualified disaster recovery distributions and disaster-related plan loans. For more information, please contact your retirement plan or IRA Administrator.
2024 Year-End Tax Tips
Here are some things to consider as you weigh potential tax moves between now and the end of the year.
Types of Long-Term Care
In general, long-term care refers to a broad range of medical and personal services designed to assist individuals who have lost their ability to function independently.
What Should I Do If I Determine That My Income During Retirement Won’t Be Enough to Meet My Retirement Expenses?
The further you are from retirement, the more time you have to resolve the expected shortfall. Even if you are closing in on retirement, there may be steps you can take to bridge the gap.
Are Scholarships & Grants Subject to Federal Income Tax?
Whether or not scholarships and grants are subject to Federal income tax depends on several factors.
Chaos in the Sky: New Consumer Protections for Weary Airline Passengers
There could be much-needed relief for airline passengers on the horizon, thanks to a new federal law and rules issued by the U.S. Department of Transportation.
2025 Key Numbers for Health Savings Accounts
The IRS recently released the 2025 contribution limits for health savings accounts (HSAs), as well as the 2025 minimum deductible and maximum out-of-pocket amounts for high-deductible health plans (HDHPs).
Recent News
Tell Congress: Don’t Tax My Credit Union. It’s a Tax on Me.
A tax on credit unions is a new tax on you. Take action today: Contact your U.S. representatives and Senators and tell them: Don’t Tax My Credit Union.
How The Credit Union Difference Serves You Daily
No matter where you live, credit unions play a critical role in ensuring a level playing field for everyone to achieve their financial goals.
SESLOC Earns Fourth “Best of the Best” Award in Five Years
For the fourth time in five years, SESLOC has been recognized by the leading member experience solution company as one of the top credit unions for customer experience in the United States
SESLOC Cares for Community Award: Melissa Ward
We’re partnering with News Channel 12 to honor nonprofit volunteers who make our community thrive. Each month, we’re choosing a different nonprofit and asking them to select a valuable volunteer to receive the SESLOC Cares for Community Award. We’re thrilled to introduce Melissa Ward from 17 Strong.
SESLOC Celebrates $50,000 in Save to Win Prizes to Members
We’re celebrating a major milestone in helping our members achieve their financial goals. Since launching the 12-month Save to Win Share Certificate¹ in November 2019, nearly 800 SESLOC members have won a combined $50,000 by opening an account with at least $25!
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