Tax
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It's the Season to Save Money: Tax Deductions
October 25, 2017
Categories: Personal Finances
While it might not be on your radar, now is the perfect time to starting thinking about taxes. You may be thinking you just wrapped up tax season but April 15 will be here before you know it. The end of the year is the perfect time to make a few financially savvy moves to help trim down your tax bill. While not all of the ideas below apply to everyone, they can help you fund your retirement account or even put you in a charitable mood. Contribute the maximum to your retirement account(s) - Read More
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Tax Beneficial Accounts You Need to Use
February 1, 2017
Categories: Budgeting, Personal Finances
One of the most proactive ways you can protect your personal finances is to take advantage of tax beneficial accounts such as a 401(k) and/or an IRA. Though these accounts are typically tied to retirement savings, this is not always the case. At Exchange Bank of Northeast Missouri we want to help you make the most of your money by offering these two account options: Work Sponsored Retirement Account (401k): Many companies now offer this account as a corporate benefit. By automatically Read More