The COVID-19 pandemic is not only causing fear and uncertainty about our health, but our livelihood as well. Many wonder “What happens to me and my family if my employer has to lay off people or my hours are cut?” Perhaps you are already experiencing COVID-19 pandemic financial management challenges? Track Your Expenses Now more […]
776 Jobs Protected Mid Oregon Credit Union, as the only financial institution headquartered in Central Oregon, completed approval of 37 Paycheck Protection Program (PPP) loans during the past week. The total approved funding from SBA (Small Business Administration) was $9,309,789 that protected 776 jobs in Central Oregon. The average number of employees per per business […]
Avoid being the victim of scams related to the COVID-19 stimulus payments.
Good things come to those who wait—for a tax break***. Although you fund a Roth individual retirement arrangement (IRA) with after-tax dollars, the money you distribute is completely tax-free as long as it meets certain requirements. And that means a really good thing—you may never pay a cent of tax on your earnings. That might […]
Understand Financial Aid Definitions- a Glossary The terminology used in college financial aid award letters can be confusing. Here’s a quick guide to some frequently used terms, some financial aid definitions: Cost of attendance: The total price of going to a particular college. It includes tuition, fees, room, board, books, supplies, meal plan, and other […]