Money Minutes | General Electric Credit Union Blog | Financial Resources

 

Saving for Retirement and a Child's Education at the Same Time

Aug 28, 2018 | 5 minute read

You want to retire comfortably when the time comes. You also want to help your child go to college. So how do you juggle the two? The truth is, saving for your retirement and your child's...

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Phishing and How to Recognize It

Jun 25, 2018 | 3 minute read

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Six Keys to More Successful Investing

May 21, 2018 | 6 minute read

A successful investor maximizes gain and minimizes loss. Though there can be no guarantee that any investment strategy will be successful and all investing involves risk, including the possible...

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Medicaid and the Treatments of Gifts by Medicaid

May 9, 2018 | 2 minute read

 

Medicaid will pay for long-term care in an “approved” skilled care facility. In fact, Medicaid pays for most of the long-term care in this country.

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Living Wills

Apr 23, 2018 | 2 minute read

Wood + Lamping—your trusted legal partner. Problems solved.

Living Wills contain instructions regarding medical treatment in the event of terminal illness or permanent unconsciousness. They must...

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Social Security Retirement Benefit Basics

Apr 18, 2018 | 5 minute read

Social Security benefits are a major source of retirement income for most people. Your Social Security retirement benefit is based on the number of years you've been working and the amount you've...

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Is a Home Equity Loan or Line of Credit Right for Me?

Mar 30, 2018 | 3 minute read

We’ve all faced situations in life when having access to money or a line of credit would be extremely helpful. Whether you're handling an unexpected "cash crunch" (e.g., car repairs, medical...

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Elder Financial Abuse and Exploitation

Mar 16, 2018 | 3 minute read

Elder abuse is the intentional or neglectful act by a trusted individual or caregiver that can lead to the harm of a vulnerable elder.[1] Financial exploitation of elders occurs when a trusted...

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Defending Yourself Against Identity Theft

Feb 28, 2018 | 3 minute read

As technology advances, thieves are adapting to keep up. Review some common cybersecurity threats thieves may use to attempt to steal your account information or your identity.

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Life Insurance Basics

Feb 23, 2018 | 5 minute read

Life insurance is an agreement between you (the policy owner) and an insurer. Under the terms of a life insurance policy, the insurer promises to pay a certain sum to a person you choose (your...

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