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Financial Education

Financial Wellness Center Has Launched

MEFCU Financial Wellness Center

Take control over your financial future. Good financial health starts here!

financial education

Beginner’s Guide to Saving for Retirement

Many young people would like to begin investing and saving for retirement but aren’t sure where to start. Whether you’ve just received your diploma, started your career or you’re ready to invest in a retirement account, we’ve created a guide to help you invest your money.

financial education

Attention Married Couples. Learn About Spousal IRAs.

A spousal IRA is a retirement strategy that allows a working spouse to contribute to an individual retirement account (IRA) that is in the name of a non-working spouse with no income or very little income.

financial education

New Fraud Reporting Platform for Consumers:

The Federal Trade Commission has launched a new website,, where consumers can easily report fraud and all other consumer issues directly to the FTC.

financial education

IRA, 401(k) Limits Status Quo for 2021, Income Level Maximums Rise

There's good news and bad news from the IRS for Americans saving for retirement with IRAs, 401(k)s, and other retirement accounts in 2021.

financial education

New Law Changes Payout Timeframe for IRA Beneficiaries

The SECURE Act ends the stretch IRA. Under the now “old rules” (before 2020), an individual designated beneficiary could extend post-death “stretch IRA” required minimum distributions over his lifetime.




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