Blog – Cashflow & Debt Management

Are you taking full advantage of your HSA?

We often see Health Savings Accounts (HSAs) underutilized because individuals may not understand how to take advantage of the benefits. Some of this stems from the confusion between health savings accounts and flexible spending accounts.

Continue Reading

American Rescue Plan

Last Thursday, President Biden signed into law the American Rescue Plan. Many have received $1,400 for themselves, a spouse, and any dependent claimed on the latest tax return. If IRS has not yet processed your 2020 tax return, the payment is based on the 2019 dependents claimed and adjusted gross income. If your 2020 tax […]

Continue Reading

Is an annuity right for you?

Annuities often get a bad rap as an investment option. Like any other investment options, they serve a purpose. When they meet a need and serve that purpose, they can be the right choice. There are different kinds of annuities – fixed, variable, indexed, or immediate. There are different features – living benefits, death benefits, […]

Continue Reading

Starting the Year Right

We are three weeks in – are you still on track with your financial resolutions? If not, consider the following TO DO list of items we recommend that you get done early in the year:

Continue Reading

Financial Resolutions

January 1st is in the past and we are already a week into 2021. Did you make a New Year’s Resolution that you have already not kept? Or are you still following through with your resolution?

Continue Reading

The final – More on your Financial To Do List

We want to continue with our final recommendations of financial tasks you should consider in the next  few weeks or early in the new year to improve your financial future.

Continue Reading

More on your Financial To Do List

Last week, Jen’s post centered around some recommendations for starting to prepare for your 2020 income tax returns. Hopefully, you are reviewing accounts for tax harvesting of losses, considering Roth conversions, working to maximize itemized deductions if you are going to itemize, and getting your paperwork organized.

Continue Reading

End of the year Financial TO DO

With one year ending and a new one getting ready to start, it is a great time to review your financial TO DO list for the year. Did you miss anything that could help your financial situation or lower your taxes?

Continue Reading

Declining interest rates

The Feds recently announced that interest rates may remain low until 2023, potentially longer depending upon the economic situation.  This is good news for the borrowers among us. This is not so good news for those of us depending on the income from investments and savings to manage living expenses.

Continue Reading

You need a weekly financial meeting!

With the current crisis going on, we are certainly seeing individuals who are having trouble making ends meet. If you are unemployed or working less paid hours, today’s pandemic is potentially going to have a lifetime impact on your overall finances. For just as many, you are continuing to get paid. You may be working […]

Continue Reading
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Visions Federal Credit Union (VFCU) and Visions Investment Services are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using the name Visions Investment Services, and may also be employees of Visions Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of Visions Federal Credit Union or Visions Investment Services. LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AK,AZ,CA,CO,CT,DC,FL,GA,IL,KY,LA,MA,MD,ME.MI,MS,MT,NC, NJ,NV,NY,OH,OR,PA,SC,TX,UT,VA,WA,WV,WY. Securities and insurance offered through LPL and its affiliates are:
Not Insured by NCUA or Any Other Government Agency | Not Credit Union Guaranteed | Not Credit Union Deposit or Obligations | May Lose Value

There is no guarantee that these investment strategies will work under all market conditions. Each investor should evaluate their ability to invest on a long-term basis, especially during periods of downturns in the market.

Copyright © 2023 Planning with Purpose