Investments & Wealth Management
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ETFs are Gaining on Mutual Funds: Here’s Why
Attractive features are setting exchange-traded funds (ETFs) apart from mutual funds.
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Working While Receiving Social Security Benefits
Learn how the retirement earnings test (RET) could affect your benefits
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Feel Good About Retirement: Start Planning Now
Go confidently toward your future. Setting the stage for a comfortable retirement involves determining how much you need to save and developing a roadmap to pursue your goals. RCU is ready to help you every step of the way.
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February Market Recap
Wall Street opened on a high note, with each of the benchmark indexes advancing.
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Key Retirement and Tax Numbers for 2022
Each year, the Internal Revenue Service announces cost-of-living adjustments. Learn what’s new for 2022.
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Splurge or Save? Making the Most of Your Income Tax Refund
What is the best way to use your tax refund?
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Smoothing Markets Ups and Downs
A consistent strategy using dollar-cost averaging can build your portfolio over time.
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Balancing College and Retirement Preparations
Knowledge is power; review the financial aid process to understand how financial need is calculated.
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January Market Recap
Positive economic signs in January resulted in nearly 200,000 new jobs, the dollar climbed higher and the fourth-quarter GDP advanced.
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Annuity Income: Annuitization vs. Lifetime Withdrawal
With most annuities, there are usually two choices to generate a steady income after retirement. Which one is right for you?
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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