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Stay Safe from Gift Card Scams This Holiday Season
11/1/2024

Stay Safe from Gift Card Scams This Holiday Season

As the holidays approach, gift cards remain a popular gift option, but they’re also a target for scammers. These fraudsters use tactics like phishing and tampering with physical gift cards to steal funds before they can be used. To protect yourself and your loved ones this season, it’s important to stay aware of these risks.

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Should I Save for Retirement or Emergencies?
11/1/2024

Should I Save for Retirement or Emergencies?

Having a well-stocked emergency fund is important. But so is saving for retirement. So how do you know which one to focus on? Well, we’ve got you covered. Here’s what you should know.

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Avoiding Financial Frights: How to Budget for Halloween Spending
9/23/2024

Avoiding Financial Frights: How to Budget for Halloween Spending

Halloween is a time for spooky fun, but it can also bring a scare to your wallet if you're not careful. From costumes to decorations and treats, the costs can add up quickly. Here’s how to manage your Halloween budget and keep your spending under control while still enjoying the festivities.

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Preparing for Tax Season
3/7/2024

Preparing for Tax Season

Now is the moment to turn your attention to your tax obligations. With less than 60 days remaining until the tax deadline now is a good time to prepare your documents and file.

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Unlocking Financial Goals: The Power of Club Accounts
2/15/2024

Unlocking Financial Goals: The Power of Club Accounts

Need a smart strategy to save on essential school supplies? Planning your dream vacation or gearing up for the holiday season? With a club account, you can save for essential school supplies, exciting vacations, and joyful holiday celebrations, making your financial goals more attainable and stress-free.

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BabySteps Program Helps Families Start Saving for College!

1/23/2020

BabySteps Program Helps Families Start Saving for College!

Do you know about Massachusetts’ first statewide college savings program, BabySteps? The goal of this program is to ensure every family has the opportunity for future success!

BabySteps will provide $50 towards every child born or adopted in the Commonwealth upon opening a 529 college savings account. This program is designed to help all parents save for their child’s higher education, and level the playing field for all children in Massachusetts.

What is a 529 Plan?

A 529 Plan is a special way to save for college that has some tax advantages over a regular savings account.  Parents, grandparents, and others can come together to contribute funds to save for a child’s future college education expenses. The child is the beneficiary of this special savings account. When the time comes, the child will be able to use the money to pay for tuition, and possibly textbooks, room & board and other expenses.  Some types of 529 Plans specify how the funds must be used.

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Don't forget that you can help your child start saving immediately with a Membership Savings account.

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