If you’re at the point where retirement is looming on the horizon, it’s time to determine if you’re actually financially ready to retire. Here are a few things to consider before you leave work behind. Spending If you track your spending and expenses or use a budget, you’re ahead of the game. If not, you

Thanks to the recent Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into legislation, you’re able to access up to $100,000 of your retirement savings without having the usual 10% penalty fee for early withdrawal. This is as long as you put the money back into your retirement account within three years. The CARES

The year is almost over, which means it’s time to set up your goals for the New Year. We won’t call them resolutions, because those seem too easy to ignore. If you set up financial goals instead and put a plan together to accomplish them, you’ll be more likely to achieve them. The idea way

Although dieting and good health may top most people’s New Year’s resolutions, WWFCU thinks you should add some financial resolutions to your list. Below are our top ten – feel free to pick and choose the ones that work best for you.  Sign up for credit monitoringPeriodically checking your credit union and credit card statements

Entrepreneurs and small business owners always seem to have 10 things to do before the day is through. You never know what might come up, and sometimes not every planned task gets done on time. In the midst of this fast-paced lifestyle, retirement might not be the first thing on your mind. It’s easy to put

With the long-term solvency of social security still in question, it is becoming increasingly important to plan for self-sufficiency in retirement. Regardless of age, IRA’s are a valuable tool provided to enhance retirement savings.  IRA and 401k Rollover services are available through Wayne Westland Federal Credit Union. IRA’s present substantial tax benefits compared to regular