Money Minutes | General Electric Credit Union Blog | Financial Resources

Claiming a Tax Credit? The PATH Act May Delay Your Tax Return

Feb 17, 2022 | 3 minute read

It’s 2022, and some of the pandemic-era relief measures many Americans depended on over the last two years have gone away. Despite this, many people are still struggling and looking to their tax...


Venmo, Paypal must report annual business transaction totals over $600

Jan 14, 2022 | 2 minute read

Is your social media feed full of headlines about a $600 IRS reporting change for Venmo or Paypal transactions? There’s been a lot of confusion and misinformation surrounding this provision, and it’s...


Back-to-School Shopping on a Budget

Jul 22, 2021 | 3 minute read

It's time for back-to-school shopping! Whether you're preparing your little one or yourself for class, there are a few things you can do to stay on budget. 


A Short Guide to Small Business Bookkeeping

Jun 17, 2021 | 3 minute read

You love being a small business owner. But doing taxes? Not so much.


3 Possible Ways to Secure Funding for a Business

Jun 2, 2021 | 4 minute read

Not every aspiring entrepreneur can go on a TV show to secure funding for a business idea. From business loans to investors, there are a myriad of options to help you make it happen! Review the...


Do You Know the Best Option for Structuring Your Business?

May 17, 2021 | 3 minute read

Do you have an amazing idea, but you’re not sure where to start when it comes to structuring the business? First off, congratulations on your new venture! Below are four different structure types and...


Do You Know What to Look for in a Health Savings Account?

May 12, 2021 | 4 minute read

You wouldn’t keep going back to a restaurant if it was just “OK,” right? The food may have satisfied a need, but there are other restaurants out there whipping up tastier, more affordable meals.


What You Should Know About the Enhanced Child Tax Credit for 2021

May 4, 2021 | 3 minute read

If you have qualifying children under the age of 18, you may be able to claim a child tax credit. (You may also be able to claim a partial credit for certain other dependents who are not qualifying...


The Ultimate Guide to Estate Planning

Mar 31, 2021 | 10 minute read

An estate plan maps out how you want your personal and financial affairs to be handled in case of incapacity or death, and how those strategies will be implemented to fulfill your wishes. There is no...


A Third Wave of Stimulus Payments Is Coming — Here Are the Answers to Your Most Pressing Questions

Mar 12, 2021 | 8 minute read

President Joe Biden’s $1.9 trillion coronavirus relief package was signed into law March 11th, and with it brings another round of stimulus payments. This comes as 1 in 4 Americans are still...