Here is a brief look at some of the tax perks, rule changes, and incentives included in the legislation.
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Life Stage: Aging
Five Tips for Retirement Planning
Here are five things you can do to put your best foot forward in this next phase of your life.
SECURE 2.0 Adds New Early Withdrawal Exceptions
The SECURE 2.0 Act, passed as part of an omnibus spending bill in December 2022, added new exceptions to the 10% federal income tax penalty for early withdrawals from tax-advantaged retirement accounts.
IRS De-stress: 5 Tips for Last Minute Taxpayers
If you’re in the company of 25% of Americans who wait until the last minute to file your taxes, don’t panic. Here are five suggestions for filing in the final hour.
Protecting Your Loved Ones from Elder Fraud
Financial exploitation is a reality many seniors face, especially in the age of online scams. Here are actions you can take to help financially safeguard your loved ones. So what can you do to help prevent elder fraud?
Protecting the Older People in Our Lives From Becoming Victims of Scams
A January 2022 Pew Research study found that 75% of adults over 65 in the United States are using the internet regularly. This increased use of technology brings a heightened risk of fraud for all Americans. In this article we will address the most prevalent scams that target our senior citizens and provide simple advice on how to protect yourself and your elderly loved ones.
Is the U.S. Economy in a Recession?
Considering the high level of public concern, it may be helpful to look at how a recession is officially determined and some current indicators that suggest strength or weakness in the U.S. economy.
The Health of Social Security: Some Good News and Some Bad News
With approximately 94% of American workers covered by Social Security and 65 million people currently receiving benefits, keeping Social Security healthy is a major concern.1 Social Security isn’t in danger of going broke — it’s financed primarily through payroll taxes — but its financial health is declining, and benefits may eventually be reduced unless Congress acts.
Age Your Way: 5 Tips to Manage Today’s Financial Challenges
While each retiree’s dream might be different, today’s senior citizen typically looks forward to making time for family, hobbies and travel. Today’s rapidly rising prices might cause seniors to put those dreams on hold. It’s understandable why seniors might feel anxious.
Women & Credit: Here’s How to Get on Solid Ground
For many years, research has shown that women in the U.S. are approved for less than men when they apply for credit products and are more likely to be denied outright. Perhaps because of this, women also put off applying for credit when compared to men, even when they need it to get on solid financial ground.
Trending News
SESLOC Cares for Community Award: Teresa Rivas
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. In April, we...
SESLOC Employees Save 6 Tons of CO2 Through Alternative Commuting
SESLOC employees saved 6.1 tons of carbon dioxide from entering our local air during the first quarter of 2023 by using alternative commute methods like riding a bike, taking the bus or carpooling, and telecommuting. Reducing our carbon footprint is an important part...
SESLOC Donates $40,000 to Local Nonprofits to Honor 80th Anniversary
We donated $40,000 to 80 local nonprofits in celebration of our 80th anniversary in 2022. Throughout the year-long celebration, our amazing staff nominated their favorite organizations to receive a $500 donation — a nod to the amount the credit union was founded with in 1942.
SESLOC Announces New CFS* Financial Advisor
We’re pleased to announce the appointment of Chris Datu, a registered financial advisor with SESLOC’s broker/dealer CUSO Financial Services, L.P.* (CFS), to SESLOC’s Wealth Management program.
What to Know About Bank Failures
We want to share with you how SESLOC and other credit unions stand out as a reliable and secure option for consumers and small businesses in our local communities.
Upcoming Webinars
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