Money Minutes | General Electric Credit Union Blog | Financial Resources

The Markets (As of Market Close October 29, 2021)

Dec 3, 2021 | 13 minute read

October proved to be one of the best months for equities in 2021, with each of the benchmark indexes listed here enjoying solid gains. The S&P 500 had its best month since November 2020. The...

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Too Hot to Handle: What's Ahead for the U.S. Housing Market?

Oct 22, 2021 | 6 minute read

The U.S. housing market, already strong before the pandemic, has heated up to record levels in 2021. The Case-Shiller U.S. National Home Price Index, which measures home prices in 20 major...

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5 Important 401(k) Terms You Should Know

Oct 12, 2021 | 3 minute read

Learning is a science. Before your brain can really comprehend a concept, it first needs a solid foundation. Understanding 401(k)s is no different! Building your vocabulary will help you fully...

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Choosing a Beneficiary for Your IRA or 401(k)

Sep 15, 2021 | 6 minute read

Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With retirement benefits, you need to know the impact of income...

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Mid-Year Is a Good Time for a Financial Checkup

Sep 1, 2021 | 3 minute read

The first half of 2021 is behind us, and a mid-year financial checkup may be more important than ever this year. Here are some ways to make sure that your financial situation is continuing on the...

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Retirement Confidence Remains Strong, Despite Pandemic

Jun 8, 2021 | 4 minute read

Despite the economic shock of the coronavirus pandemic, American workers and retirees remain largely optimistic about their financial prospects for retirement.

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Creative Ways to Lower the Cost of College

May 25, 2021 | 6 minute read

Even with endless hours of researching financial aid options and smart school shopping, college costs may still be prohibitive. At these prices, you may expect to make substantial financial...

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Retirement Plan FAQs for Small Business Owners

May 10, 2021 | 6 minute read

Want insight on starting a business? Check out General Electric Credit Union's (GECU) How to Start a Small Business webinar series, with free upcoming webinars this May and June. 

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6 Mental Barriers to Investment Success

May 6, 2021 | 5 minute read

You are faced with decisions every day, some more difficult than others. Take food for example: If you are presented with both a salad or a cake, you may be tempted to skip the healthy greens for...

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