By Pam Krueger
 
Decisions…decisions. It’s really important to get the process of rolling over your 401(k) right. When you leave your job one of your most important decisions will be what to do with the retirement savings you’ve built up through the years in your 401(k) or 403(b) plan. You have several choices: you may be able to keep the money where it is, you can ‘roll over’ your savings into an individual retirement account (IRA), or you can take the money by cashing it out. Cashing out is usually the worst decision because you could end up with a big tax bill and early withdrawal penalties, too. But even if you decide to keep the account or roll it over, you need to think carefully about your next step. There’s a lot at stake – your decision could make or break your financial future. Read More

Millions of Americans have participated in the lottery since it was created in the 1900s. Who doesn’t want to test their luck and possibly win a fortune for a small price? With the chance to win thousands – if not millions – the lottery has become one of the most appealing “games” in life, yet it is estimated that you have a better chance of getting struck by lightning than winning the Powerball or Mega Million (silive.com, 2019). Despite the odds being next to never in your favor, it is very possible that you or someone you know plays a ticket regularly for the lottery. Read More

January has come and gone, and one of the busiest times of the year for chocolate sales is almost here – Valentines Day! Whether you are spending the day with your significant other, close family, or snuggled up with your favorite pet, things can add up quickly if you’re not careful. The last thing you’ll want is to wake up Monday morning to an alert from your bank saying you have a zero dollar balance in your account. Thankfully, this doesn’t have to happen to you! Keep reading for tips on how you can budget this Valentines while also making it one memorable day!

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Money is an interesting concept – we work our whole life for it, spend it when the time is right (or wrong), and give it away carefully or carelessly. Money essentially drives everything we do, whether we like it or not. This gives us all the reason more to give special attention to how we manage what we earn, and thus the importance of saving.

Saving money is something that comes naturally to some and is easier said than done for others. If you have money, why not spend it? Well… you are more likely to spend it all and have nothing left. Therefore, it is important to manage your money well by budgeting and balancing spending for fun and spending for necessity. Although it is tempting to buy everything that looks appealing, your bank account will not think so.
To help you get on the road to success when it comes to your money and spending habits, here are some ideas to keep you on track: Read More

Many motivational speakers talk about things such as overcoming obstacles, growing a business, or becoming the best version of yourself. They encourage you in many ways, with a goal that is complete with your personal transformation. Read More

Rolling F Credit Union is Partnering with Wealthramp to Give You Access to Advice from Vetted Fee-only, Fiduciary Advisors

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