Life & Finances

A Sea of Savings: Credit Union Youth Month
Teaching financial literacy skills in childhood is the best way to set your child up for financial success. Check out these activities to help your child understand basic financial concepts! Continue reading

What Tax Benefits Are Available for College Savings?
Saving for a child’s education is at the forefront of many new parents’ financial concerns, but navigating savings plans can be daunting. A 529 plan is a tax-advantaged option to maximize your savings and save your child from a major source of financial stress down the road. Continue reading

What Retirement Accounts Offer the Best Tax Advantages?
Retirement contributions are a great way to give your future self financial peace of mind, but figuring out the best plan for you can be a headache. Learn about different types of retirement plans, their tax advantages, and how to maximize your contributions. Continue reading

How Can I Reduce My Taxable Income?
From business expenses to savings contributions and charitable donations, your strategic financial planning throughout the year can help you save money when tax season rolls around. Continue reading

How Do I Claim the Most Common Tax Deductions?
Taxes can be daunting, but the basics are simple! Understanding what deductions are, how to know whether or not to itemize your deductions, and when to consult an expert are keys to tax success. Continue reading

HELOC: How Does It Work
Learn how a HELOC works, its pros & cons, and how it can help fund major expenses. Continue reading

Home Refinance 101: Understanding the Benefits and Your Options
Discover the benefits of home refinance—lower payments, access to cash, and more. Explore your options with Sound Credit Union’s expert guidance. Continue reading

How Do We Plan for Retirement as a Couple?
Planning for retirement as a couple is like designing your dream vacation but instead of just packing your bags, you’re preparing for decades of financial freedom. A little strategy and a lot of communication will set you up for success. Continue reading

Financing Auto: Comparing Loans vs. Leases
Curious about the difference between loans and leases? Explore the pros and cons of each to find the best option for your needs! Continue reading

How To Hit Retirement Benchmarks
You might be wondering what are the benchmarks for retirement savings and how to hit them. Here’s some helpful advice to get you started. Continue reading