A retirement account is much like other investment accounts. You may experience fees that you weren’t expecting.when starting your IRA or 401(k).
Questions and Answers
Do you have questions? Are you wondering about savings accounts? Kids and money? Maybe even why credit cards and debit cards are just so different? We look at those questions, and a lot more. Proceed with caution though – after you read through everything, you might just become a money master with your accounts!
How does a mortgage loan affect my credit rating?
All loans and credit accounts can have a major impact on your personal credit rating and credit score. Your mortgage or home loan is one of the bigger ones.
What is a retirement account?
Your retirement account is a long-term savings or investment account that you can use after you hit retirement age. We talk about different types, and what is best for you.
What are the terms for a car loan?
Car loans offer different rates, and different terms. Should you choose less years to get the vehicle paid off sooner? Or should you go longer, with a lower payment?
What fees are involved with a housing loan or mortgage?
Housing loans and mortgages can have fees associated with them. We cover those fees and interest payments so that you will know before you sign.
How is an IRA different than a 401(k) account?
Retirement plans are different. The two largest types, an IRA and a 401(k) both have separate rules, but a lot of similarities.
How are secured credit cards different than normal credit cards?
Secured credit cards are different than traditional credit cards and credit accounts. There are also some similarities that you should know!
How young can you be to get a credit card?
Credit cards and credit accounts are part of growing up from childhood to adulthood. First Choice offers credit accounts, but how old must one be to receive one?
How much does an average person need for a house loan?
House loans and mortgage are a normal part of adulthood for the general public. How much you need for an average person is personalized, but has a simple method of figuring it out for everyone.
When should I start saving for my retirement?
Saving for retirement is a personal task that involves a lot of questions and answers. One major one is when to start. First Choice has you covered.