Money Minutes | General Electric Credit Union Blog | Financial Resources

 

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...

Read

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.

Read

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...

Read

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...

Read

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...

Read

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...

Read

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.

Read

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...

Read

Should I Open a Jumbo Share Certificate?

Feb 22, 2018 | 2 minute read

Share certificates are among the safest and most reliable ways to earn dividends on your savings. A low-risk option, you can choose from a variety of terms and earn a predetermined fixed rate...

Read

Deciding When to Retire: When Timing Becomes Critical

Feb 16, 2018 | 5 minute read

Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you'll need to estimate not only your anticipated expenses, but also what sources of...

Read