Category Archives: Your Future

Successfully Transition into Retirement

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Are you thinking about the next chapter in your life? The first step to ensuring your transition to retirement living goes smoothly is to be prepared. For many workers, investing means having a portion of their paycheck systematically invested in an employer sponsored retirement account. Little thought is given to the retirement account after that. Saving for retirement is arguably the most important aspect in preparing for retirement. Having a carefully laid out plan may help smooth the transition from working to retiring. The sooner you devise a plan, the more time you have to explore and evaluate your options. Taking these steps might make the difference between a successful retirement and a disappointing one. Seek Professional Advice Preparing for retirement is not an easy process. With all of the information and products available today, developing a strategy that best suits your individual needs may be daunting. To avoid the … …continue

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You’re Invited! Complimentary Retirement Income Planning Seminar on March 19

Mike Smeenge

Are you interested in rolling over an investment account? Do you have questions regarding your current or future investments or retirement planning? On Wednesday, March 19, 2014, Consumers Credit Union’s Riley office is hosting a complimentary Retirement Income Planning Seminar at 6:00 pm to help you think through the above questions. This seminar will be presented by Mike Smeenge, a CFS* Financial Advisor at Consumers Credit Union. With a background in business and finance and a solid commitment to the financial well-being of each member, Mike is ready to help with retirement planning, educational planning, and investment management. To reserve your seat for this educational seminar, please register here. *Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the … …continue

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Last Call for Dollars for Scholars Applications!

2013 Dollars for Scholars Winners

Calling all graduating high school seniors! Applications for our 2014 Dollars for Scholars Scholarship Program are due Saturday, March 15. Apply online today! In 2014, we will be awarding 20 scholarships of $1,000 and an iPad to Consumers Credit Union members who are graduating high school seniors. We’re proud to offer assistance to our members as they further their education! Consumers Credit Union’s Dollars for Scholars Scholarship Program has been helping student members achieve their dreams of attending college for over 20 years. More than 70 scholarships have been awarded since the program’s inception.  

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You’re Invited! Complimentary Social Security Benefits Seminar on March 12

Karon K

Thinking about retiring? How do you know when it’s best to claim Social Security? What about benefits for your spouse? How can you secure your retirement future by maximizing your and your spouse’s benefits? Join us on Wednesday, March 12th from noon to 1:00 pm at our Coldwater office for a complimentary Social Security seminar. A representative from the Social Security Administration will be joining us for a short presentation followed by an open Q&A, during which you’re invited to share your questions. To reserve your seat for this educational seminar, please register here. *Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are … …continue

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You’re Invited! Complimentary Social Security Benefits Seminar and Retirement Income Planning Seminar on February 26

Karon K

On February 26th, Consumers Credit Union will be presenting two complimentary seminars for members and guests to learn about Social Security benefits and retirement income planning. From 12:00 to 1:00 pm, join us at our Downtown Office for a complimentary Social Security Benefits Seminar. Thinking about retiring? How do you know when it’s best to claim Social Security? What about benefits for your spouse? How can you secure your retirement future by maximizing your and your spouse’s benefits? A representative from the Social Security Administration will be joining us for a short presentation around these topics followed by an open Q&A, during which you’re invited to share your questions. To reserve your seat for this educational seminar, please register here. At 6:00 pm, join us at our Gull Road office for a complimentary Retirement Income Planning Seminar. Are you interested in rolling over an investment account? Do you have questions … …continue

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What Are My Retirement Savings Options: The Fourth Video in the Consumers ConnectU October Retirement Series

Consumers ConnectU - Tim

401(k)s. IRAs. At first glance, comparing your retirement savings options seems to require decoding an alphabet soup! “Let’s break down your retirement savings options to the basics,” says Tim Kosak, Consumer Lending Manager at Consumers Credit Union. Watch the video below, the fourth in the Consumers ConnectU October retirement series, to learn the difference between employer funded retirement accounts, individual retirement accounts, and other retirement savings options. Have more questions about retirement planning? Watch the other videos in the series: How Much Do I Need to Retire? How Do I Plan for Retirement? When Should I Start Saving for Retirement?        

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Lifelong Money Management Tips

Financial Plan

The information in this post is provided by our partner Accel Financial Counseling. Accel’s counseling services and educational programs are available free to all Consumers members. It’s never too late to get your financial records organized. Here are some tips to help you sort through all your documents. Keep a home file in a fire-safe box to maximize the efficiency of your financial records. Items should include: Information on credit cards, debit cards, checking accounts, savings accounts, and copies of contracts Copies of insurance policies Information on home mortgages, land, and other property Information on motor vehicles and driver’s licenses Copies of birth, marriage, death, divorce, and citizenship papers Copy of will, last instructions, and safe deposit box keys Tax records for the last six years Records of pension plans, education, health records, and employment Current household inventory. List everything you own, how much it cost, and approximately how old … …continue

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Let Consumers Investment Services* Help You Roll with the Punches

Couple

Changing jobs or retiring? Need to roll over a 401(k)? Let Consumers Investment Services*, available through CUSO Financial Services, L.P. (CFS)*, assist you. Our CFS* Financial Advisors can assist with an IRA rollover by helping you develop an investment plan that meets your needs; assist with the paperwork for your 401(k) rollover; and, if needed, contact your retirement plan sponsor to move your eligible retirement plan assets. If you would like to learn more about a 401(k) rollover or have other retirement plan questions, please contact a CFS* Financial Advisor at Consumers for a complimentary consultation. *Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment … …continue

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When Should I Start Saving for Retirement: The Third Video in the Consumers ConnectU October Retirement Series

Consumers ConnectU - Tim

“When it comes to retirement, the rule is: Save early. Save often. Save greatly,” shares Tim Kosak, Consumer Lending Manager at Consumers Credit Union. Watch the video below, the third in the Consumers ConnectU October retirement series, to learn how starting as early as possible will help boost your retirement savings. Then learn how to start planning and determine how much you will need to save.

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You’re Invited: Understanding Your Medicare Options

Senior Couple

Please join us for the timely and informative seminar Understanding Your Medicare Options, which explains the complicated choices facing seniors or children assisting their aging parents. Consumers is once again working with the Marvin Okun Insurance Agency to bring you this popular seminar. A licensed health insurance agent familiar with Medicare programs will share the choices Medicare provides and the ways coverage can be supplemented. Bring your questions for the presenter, as the presentation will be followed by a Q&A. This seminar will be offered at our Stadium Drive office (at the intersection of Stadium and 8th) in the lower level conference room. Please use the rear entrance. As space is limited, please RSVP at ConsumersCU.org/Seminars to ensure your seat. Choose from the following dates and times: Wednesday, October 23—6:00 pm – 7:30 pm Thursday, October 24—1:30 pm – 3:00 pm Wednesday, November 6—6:00 pm – 7:30 pm Thursday, November … …continue

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