- Introduction
- The Economic Stages of Unemployment
- Methods of Providing Supplemental or Temporary Income
- Loans
- Retirement Assets
- Comparing Ways to Borrow
What's the major concern of most people during a career transition, especially an involuntary one? NO PAYCHECK. Are you asking yourself: "What am I going to do to pay my bills?", "Where will the income come from?" The answers vary, of course, depending upon your financial position.
For one thing, you need to understand that there are different economic stages of your loss of employment, from your first notice to unemployment insurance. You should build your financial planning around this series of stages.
There are several methods of providing supplemental income. You might also consider taking out a loan or tapping into your retirement assets. This section also includes a comparative chart that lets you see at a glance what the best way to borrow might be for you.
- ARE NOT A DEPOSIT
- ARE NOT FDIC-INSURED
- ARE NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
- ARE NOT GUARANTEED BY THE BANK
- MAY GO DOWN IN VALUE
Important information about procedures for opening a new account
To help the government fight the funding of Terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
What this means to you: When you open an account, we will ask you for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Investment products are offered through Osaic Institutions, Inc., Member FINRA/SIPC. Insurance products offered through Osaic Institutions, Inc.
