Money Minutes | General Electric Credit Union Blog | Financial Resources

Closing a Retirement Income Gap

Jun 22, 2020 | 6 minute read

When you determine how much income you'll need in retirement, you may base your projection on the type of lifestyle you plan to have and when you want to retire. However, as you grow closer to...

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Coping with Market Volatility

Apr 28, 2020 | 4 minute read

The ups and downs of the market not only plays a toll on your finances, but on your emotions as well. As you’ve worked hard for the funds you’ve accumulated, it’s tough to see any type of loss....

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CARES Act Provides Relief to Individuals and Businesses

Apr 8, 2020 | 4 minute read

On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This $2 trillion emergency relief package is intended to assist individuals and...

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The SECURE Act Passed. Now What?

Feb 25, 2020 | 3 minute read

In late December of 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law to give Americans greater security and comfort for life after work....

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Retirement Plan Considerations at Different Stages of Life

Feb 18, 2020 | 6 minute read

Throughout your career, retirement planning will likely be one of the most important components of your overall financial plan. Whether you just graduated and accepted your first job, are starting...

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How to Leave Behind the Legacy You Want

Jan 3, 2020 | 6 minute read

You've worked hard over the years to accumulate wealth, and you probably find it comforting to know the assets you leave behind will continue to be a source of support for your family, friends,...

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A Guide to Long-Term Care Insurance

Nov 15, 2019 | 5 minute read

It’s a fact, people today are living longer, and the odds of requiring some sort of long-term care increases as you get older. As the costs of home care, nursing homes, and assisted living rise,...

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Why Good Credit Is Still Needed After You Retire

Nov 13, 2019 | 6 minute read

During your working years, you probably followed your credit score closely when you needed a new car or home loan. As you near or enter retirement, the reasons to maintain good credit, while...

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IRA Money Market: Put Your Retirement Goals Within Reach

Mar 15, 2019 | 3 minute read

With all of life’s unexpected expenses, saving for retirement might not have always been at the forefront – at a younger age, there was more time to make riskier investments. As you reach your...

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Don't Let Retirement Savings Goals Get You Down

Feb 5, 2019 | 6 minute read

As a retirement savings plan participant, you know that setting a goal is an important part of your overall strategy. In fact, over decades of conducting its annual Retirement Confidence Survey,...

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