Retirement
-
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...
-
Changing Jobs? Know Your 401(k) Options
If you’ve lost your job, or are changing jobs, you may be wondering what to...
-
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...
-
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...
-
What is a rollover IRA
There are at least two reasons to consider keeping your employer plan rollover separate from your contributory IRAs.
-
What is a Roth 401(k)
Making Roth 401(k) contributions could play an important part in enhancing your retirement income.
-
Retirement Savings in a Volatile Market
Strategies to help you stay clear-headed during market downturns.
-
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.
-
Should You Speed Up Your Retirement Plans?
These four factors may help in determining if you can afford to retire early.
-
How to Protect Your Retirement Savings from Creditors
Review the creditor protections that apply to retirement accounts.
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.
Leaving Our Website
You are leaving our website and linking to an alternative website not operated by us. Redwood Credit Union does not endorse or guarantee the products, information, or recommendations provided by third-party vendors or third-party linked sites.