Coach: Financial Wellness Assessment HOW IT WORKS The Financial Wellness Assessment lets you take a step back, analyze your spending, budgeting, and saving habits so you can reflect on how you’re currently managing personal finances. This assessment addresses your individual financial decisions and goals before giving you recommendations on where you can improve and how to get
Making payments on a loan with suboptimal terms can make you feel trapped. Sometimes refinancing can help you find more suitable terms for the loan. Essentially, refinancing replaces an old loan with a new one with terms that are better for your situation. But it’s not all fanfare and applause—there are tradeoffs associated with refinancing.
Your Tax Return Pre-Game HOW IT WORKS Filing taxes can be intimidating—but not when you have a game plan. In this Coach session, learn the basics of filing your taxes, and how key factors like filing status, deductions, and credits influence what you owe (or get back!). To begin, select Get Started. Follow the prompts, answer the questions,
When you leave a job with a 401(k), you’ll generally have four options for what to do with the money. Each has its own benefits and drawbacks, so deciding what’s right for you will depend on your situation and preferences. Leave the Money in Your Old Account If you have more than $5,000 in
For many, picking the right house or apartment in a tight rental market is daunting, but by preparing in advance, you're more likely to find the perfect place to call home. While renting requires less immediate cash and fewer obligations than owning a home, that doesn't mean that it's cheap or easy, or
Setting up a trust is a way to ensure that your assets are handled the way you want them to be after you pass away. Trusts A trust, similar to a will, is a way to designate what happens to a person’s belongings after they pass away. How a Trust Works When
Moving is a big undertaking, but planning a budget can help make it go as smoothly as possible. To start your budget, it’s important to decide how you will execute the move. Will you hire a moving company, ask for assistance from friends and family, or a combination of the two? For small,
Whatever your reasons for leaving a job, there are things you need to consider as you transition out of your current position. Health insurance, retirement savings, perks, and other benefits all change when you leave a job, and that’s on top of a change in income. Taking the time to plan ahead and manage
Coach: Make the Most of Your HSA or FSA HOW IT WORKS Both an FSA and HSA lower your taxable income while providing a way for you to pay for health care costs, but they're not quite the same. This Coach will provide information on both types of accounts, guide you through estimating your health care
Adding a baby to the family is exciting and expensive. Discover how much you’ll need to add to your monthly budget when a baby comes along, and see your one-time expenses based on your preferences. How It Works To start this Coach session, select “Start Here.” A feed will appear; follow along and
Keeping money safe is important to everyone. Thanks to the FDIC, First Southern National Bank is a safe place to store your hard-earned cash. The best part? All you have to do is open an account. FDIC and NCUA There are two organizations, both backed by the United States government, that insure your money
Whether you find yourself laid off from work, facing a medical emergency, or confronted with a situation that you’re financially unprepared for, it may be tempting to withdraw from retirement savings—but there are penalties and consequences you need to consider before doing so. Early Withdrawal Penalties There are serious consequences to accessing your
