Money Matters: Taxing Social Security

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Hey, did you know that you might have to pay income tax on your Social Security benefits?

Not everyone does, but if you continue to work past retirement age, as many people do these days, your tax liability will be based on your salary, plus tax-free income, plus one-half of your Social Security benefits. This could result in a portion of your benefits being taxed.

The tax rate will vary depending on your total income. The lower the income, the lower the ...

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Money Matters: Missing a Mortgage Payment

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Hey! If you’re worried about missing a mortgage payment, here are four options to consider that will save you time and money down the road.

Option 1: Contact your lender and let them know about your financial hardship. They may work with you to minimize overall financial losses and difficulties.

Option 2: A loan modification is when the lender and borrower agree to permanent new loan terms.

Option 3: In a forbearance agreement, monthly payments are temporarily suspended or reduced. Expect to pay ...

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Money Matters: Secure Mobile Banking

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Hey! Interested in the convenience of mobile banking, but worried about security? Here are 5 tips to keep your money safe.

  1. Use a unique password, and keep it secret.
  2. Check your connection. Website addresses that start with “https://“ indicate you are on a secure site.
  3. If someone contacts you and claims to work for your bank, contact your bank directly to verify the person is actually a representative.
  4. Regularly monitor your accounts and transactions so that you can spot and report fraud to your ...
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