The U.S. Department of the Treasury recently announced the official launch of myRA, a new retirement savings account for the millions of workers in America who don’t have access to a retirement savings plan through work or have not found an easy way to start saving. Employees can: • Start funding their myRA account directly from their paycheck • Fund their myRA directly from their checking or savings accounts • Direct all or part of their federal tax refund to their myRA account, at tax time Learn more about this new way you can help your employees save at myRA.gov
Check Out These New Resources on ID Theft and Financial Safety
Financial Industry Regulatory Authority (FINRA) Securities Helpline for Seniors A toll-free number that senior investors can call to get assistance from FINRA or raise concerns about issues with brokerage accounts and investments. Call 844-57-HELPS (844-574-3577) Monday – Friday 9 a.m. – 5 p.m. Eastern Time
The Consumer Financial Protection Bureau has published a new tool you can use to calculate an estimate of your monthly student loan payments upon graduating from college. Follow this link to learn more.
Financial Education Outreach* is a community-focused nonprofit organization with a mission to address financial literacy gaps while providing access to the tools and resources necessary to build economic security.
Since 2011, Financial Education Outreach has focused its efforts on closing the economic security and financial literacy service gaps by educating our community members about basic money matters. We facilitate public-private partnerships that engage professionals, retirees, and persons from the financial industry in meaningful volunteer experiences that improve the financial capability of individuals least likely to have access to such programs. FEO initiatives focus on budgeting, saving, the rewards of delayed gratification, and other aspects of financial health.
*formerly operating as Urban Development Group
PO Box 100486 | Birmingham, AL 35210
4120 2nd Avenue South | Birmingham, Alabama 35222 | 205.201.1659