(Kristen) Welcome to Money Matters at 757 with Justin Chastain. And, Justin, there are a lot of options for retirement savings out there, but what are these “qualified” retirement plans?
(Justin) So, qualified retirement plans mean that they are qualified for tax benefits. These are going to be things like a 401k plan at your work, or, if you work for a nonprofit, they’ll call it a 403B plan.
(Kristen) Okay, so that is the question because there are so many letters ...
Hey! Identity theft is real. Everyone is a target. Here are four tips to help you keep your money and identity safe.
Number 1: Protect your phone with a password, and keep your passwords in a secure place.
Number 2: Shred all sensitive documents, including bank statements. Make sure that receipts don’t include your full credit card number, and if they do, dispose of them properly. Before you shred those documents, always check your billing statements for suspicious charges.
Hey! If you’re looking at buying a new car, here are some things to know about auto loans.
Auto loans are financed through banks, credit unions, and non-bank automobile manufacturer financing units. Often, you’re offered installment loans that last between two and eight years. Usually, you’re asked to make a down payment, which will help reduce your monthly payments.
Auto loans can have different interest rates. Fixed-rate loans can mean that the rate will stay the same for the entire life of ...