Retirement
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Make It a Point to Put Your Future First
Each month, you settle down to pay bills. You pay your mortgage lender. You pay...
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Navigating Retirement Pitfalls
Much is written about the classic financial mistakes that plague start-ups, family businesses, corporations, and...
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Take Charge of Your 401(k)
Have you ever switched jobs? Research shows that the average American employee switches jobs over...
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The Pre-Retirement Checklist
How prepared are you? Getting ready for retirement? Before you can cross that bridge, you’ll...
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When Should You Take Social Security?
Filing for Social Security benefits as soon as you can—or a few years early—may seem...
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When Should Young Adults Start Investing for Retirement?
As young adults embark on their first real job, get married, or start a family,...
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50 and Older? Here’s Your Chance to Catch Up on Retirement Saving
If you are age 50 or older and still working, you have a valuable opportunity...
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Changing Jobs? Know Your 401(k) Options
If you’ve lost your job, or are changing jobs, you may be wondering what to...
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How the SECURE 2.0 Act Affects Your Retirement
Saving for retirement is important this is the money you’ll likely utilize throughout your golden...
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What to Do With Your 401(k) When Switching Jobs
Switching jobs? Don’t forget to address what you’ll do with your 401(k). Depending on how...
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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