NEWS YOU CAN USE
Trusts
TRUSTS A trust, similar to a will, is a way to designate what happens to a person’s belongings after they pass away. How a Trust Works When setting up a trust (also known as a trust fund), the grantor creates and transfers assets, such as money or property, to[...]
Social Security Basics
SOCIAL SECURITY BASICS Since its introduction in the wake of the Great Depression, Social Security has evolved from a safety net designed to relieve poverty to the mainstay of a secure retirement. What You Contribute If you’re in the Social Security system—and more than 96% of the[...]
Individual Retirement Accounts
INDIVIDUAL RETIREMENT ACCOUNTS Roth vs Traditional There are two types of IRAs: a traditional IRA and the Roth IRA. The main difference between them is when you pay taxes. A traditional IRA is tax deferred. This means that can contribute money before it's taxed, and you don't owe taxes on[...]
Repaying Student Loans
Student loans account for a lot of personal debt and often seem too daunting to handle. Learn how to start repaying.
Teach Financial Literacy at Home
Teaching your family to be financially literate is as simple as involving them in everyday financial decisions.
The Upside of Frugality
Frugal living not only saves you money, it pays huge dividends. Is a penny saved really a penny earned? Or is there more to it?
