BLOG

Employee Savings Plan

What is an Employee Savings Plan An employee savings plan is a pooled investment account provided by an employer that allows employees to set aside a portion of their pre-tax wages for retirement savings or other long-term goals such as paying for college tuition or purchasing a home. Many employers match their employees’ contributions up to a certain dollarRead More

Develop a Savings Plan

Use these strategies to help you get started saving: Pay yourself first. List savings as a fixed item in your spending plan. You are less likely to spend money you already have earmarked for savings.  Use automatic savings methods. Set up an automatic transfer from your checking account to a savings account each month. Save all or partRead More

8 simple ways to save money

Sometimes the hardest thing about saving money is just getting started. This step-by-step guide on how to save money can help you develop a simple and realistic plan to save for goals, big or small. Record your expenses The first step to saving money is to figure out how much you spend. Keep track ofRead More

7 financial tips and facts

For most, October marks the beginning of autumn, Halloween celebrating, and preparation for the holiday season. However, what some might not realize is that October is also home to Financial Planning Month. For people either just starting out their careers or those who are about to enter into retirement, financial planning and budgeting can beRead More

7 Financial Facts About Americans That May Surprise You

1. One-third of Americans have $1,000 in retirement savings. The Employee Benefit Research Institute conducted a study to determine how much Americans put away in savings for retirement. The study revealed that 36% of Americans had only $1,000 tucked away for retirement. 2. Many Americans plan to work until death. Even more alarming is the fact thatRead More