Financial Wellness

Financial Wellness is an article periodically produced by NDBanks Benefit Trust and published in the NDBA Bulletin.

March 2019 Issue

Managing for a Lifetime of Financial Growth
You probably will experience several major events in your life that can make it more difficult to start or continue saving toward retirement and other goals.
View the entire March 2019 issue.

February 2019 Issue

How Much Can You Contribute?
Some great information on various contribution levels and corresponding restrictions of each.
View the entire February 25, 2019 issue.

January 2019 Issue

Top 10 Ways to Save for Retirement

Today, only 42 percent of Americans have calculated how much they need to save for retirement.
30 percent of those who have 401(k) coverage available don’t participate in their employer’s plan.
The average American spends 18 years in retirement.

View the entire February 2019 issue.

December 2018 Issue

Coping with Financial Crises
Life has a way of throwing unexpected financial roadblocks, detours and potholes in our path. These might be large medical bills, car or home repairs, a death in the family, loss of a job or expensive legal situations. Such financial emergencies can derail your efforts to save for retirement.
View the entire December 2018 issue.

November 2018 Issue

Avoid Debt & Credit Problems
High debt and misuse of credit cards make it tough to save for retirement. Money that goes to pay interest,
late fees and old bills is money that could have been contributed to a retirement fund.
View the entire November 2018 issue.

October 2018 Issue

Your Credit Report
If you’ve ever applied for a credit card, a personal loan or insurance, there’s a file about you. This file is known as your credit report.
View the entire October 2018 issue.

August 2018 Issue

Get out of Debt and Save for the Future
Many Americans are consumed with anxiety and frustration over the debt that they owe, and the lack of funds to pay it off.
View the entire August 2018 issue.

July 2018 Issue

Easy Ways to Ensure Financial Security in Retirement
Whether you want to retire early or you plan to work well into your golden years, you must take control of your retirement savings to ensure that you’ll stay above water when you’re ready to put your feet up and relax. Here are some things to consider when planning for your retirement.
View the entire July 2018 issue.

May 2018 Issue

Investing for the Long Haul
Financial market ups and downs are challenging, to say the least, for many investors. Saving for retirement makes you a long-term investor, but it is important that you shape your investment strategy by revisiting a few fundamental investment concepts every 6 to 18 months, regardless of market conditions.
View the entire the May 2018 issue.

April 2018 Issue

Using Employer-Based Retirement Plans
Does your employer provide a retirement plan? If so, retirement experts say that you should take advantage of it. Employer-based plans are the most effective way to save for your future, and also offer certain tax benefits. Employer-based plans come in one of two varieties: defined benefit and defined contribution.
View the entire April 2018 issue.