Teach children the fundamentals of handling money. By John D’Angelo Most children tend to have far-fetched ideas on the fundamentals of money—such as believing that obtaining credit is like ordering a happy meal and savings only happen in malls the week after the holidays. To fill in the gaps in...

Is it for you? By John D’Angelo I get questions almost weekly asking about the current homebuyer tax credit. In fact, the two most frequent are “What do I do if I settle on my home after my return is already filed, but still want the credit?” and the most popular, “I already have a home [or owned...

Does your withdrawal strategy need a second look? By John Trezza In its simplest terms, a withdrawal rate is the percentage you withdraw from an investment portfolio in any particular year. However, in retirement income planning, what’s important is not just your withdrawal rate, but your sustainable...

Just what you need, right? One more time-consuming task to be taken care of between now and the end of the year. But taking a little time out from the holiday chores to make some strategic saving and investing decisions before December 31 can affect not only your long term ability to meet your financial...

A leader, corporate citizen and brand champion. In the boardroom, a group of new 3rd Federal Bank employees focus their wide-eyed attention on CEO Kent Lufkin, who asks one of several trivia questions: “How many ridges are on the edge of a quarter?”  Hands fly into the air. “96!” shouts one....

By John Trezza Planning on working during retirement? If so, you’re not alone. An increasing number of employees nearing their retirement plan to work at least some period of time during their retirement years. Why work during retirement? Obviously, if you work during retirement, you’ll be...

By Scott Little Vice President, Commercial Lending Officer 3rd Federal Bank With the current state of the nation’s economy, many businesses, particularly small businesses, are struggling financially. Financial hardship can sometimes cause business owners and executives to be wary of dealing with their...

Part 2 By John Trezza Keeping your cool can be hard to do when the market goes on one of its periodic roller-coaster rides. Last month, we started telling you about strategies that can prepare you both financially and psychologically to handle market volatility. Here are a few more ways to help keep...

Part I By John Trezza Keeping your cool can be hard to do when the market goes on one of its periodic roller coaster rides. It’s useful to have strategies in place that prepare you both financially and psychologically to handle market volatility. Here are ways to help keep yourself from making...

By John Trezza, Vice President, Financial Services Infinex Financial Group located at 3rd Federal Bank Historically, the stock market has had its ups and downs. If you’re closing in on retirement or you’re already there, a dip in your savings due to the recent downturn in the market may affect...