Financial Education
Scarborough Alliance is dedicated to helping union members increase their financial knowledge
When it comes to retirement planning and investing, more knowledge means having more power over your financial future. Increasing your financial literacy while working with a trusted advisor who can create a savings plan you can stick with will help you attain your financial goals, both leading up to and during retirement. Explore our articles, calculators, and videos on various financial topics.
68 posts found
Risk Return Tradeoff – MemberMinds Video
The risk/return trade-off is a core concept of investing and should be well understood by individuals saving for retirement. When it comes to investing, an individual’s ability to tolerate investment …Read More
Roth IRA – MemberMinds Video
Roth IRAs are after-tax individual retirement plans created to help individuals save for retirement. Because it allows individuals to save after-tax dollars and provides tax-free income in retirement, a …Read More
Required Minimum Distributions (RMDs) – MemberMinds Video
As baby boomers retire, those with retirement investment accounts must take required minimum distributions from their retirement accounts once they reach age 70½ or retire, whichever comes later. This …Read More
403(b) Plans – MemberMinds Video
A 403(b) savings plan is an employer sponsored retirement plan for employees of school districts, governmental organizations and other 501(c)(3) nonprofit employers. While its counterpoint for employees of private …Read More