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Featured financial wellness topics from Suffolk Federal Credit Union.

Protecting Your Financial Future

For more than 50 years, Suffolk Federal has been dedicated to providing better banking for all. The articles below include topics we feel are high value for all of our members. Log in or create an account to review hundreds of additional topics and exerices.

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Saving for Retirement

Why save for retirement and the impact of fees on investment performance.
Two eggs (IRA and Roth on them) on top of money.

Retirement Accounts

An overview of the major retirement accounts, include Individual Retirement Accounts, Simplified Employee Pensions, and 401(k) plans.
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Estate Planning

Wills, trusts, and other end of life issues.
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Retirement Savings Ideas

A few simple things to keep in mind when starting a retirement savings plan.
Money Shredder

Avoiding Fees

Checking and savings accounts strategies for minimizing fees.
Woman's hand writing out three goals on yellow legal pad.

Introduction to Budgeting   

Why budgeting is important, no matter how much money you earn.
Desktop showing two people holding pens and reviewing papers.

Financing a Car Purchase

How a loan affects the total cost of buying a car.
3D dollar signs filling the image.

Paying for College

The basics of financial aid, including the types of aid, applying for aid, borrower responsibilities, and repayment strategies.

Graduation Cap on top of $100 bill

Financial Aid Introduction

Whether you're considering higher education for yourself or starting to plan for the education of your kids, understanding the financial aid process is the first step to meeting your education goals.
Road sign that says

Types of Financial Aid   

The main types of financial aid are education loans, grants and scholarships, work-study, and service programs.
Maze with the word Plan in the center.

Creating an Aid Strategy   

Considerations when planning to pay for school, including school choice, employment options, accounting strategies, and the importance of borrowing wisely.
Young woman reviewing calculator tape with notepad on table.

Understanding Financial Need   

Some aid is based on financial need and some is not. What exactly is "financial need?"
A hypothetical FAFSA admission ticket

Applying for Aid   

The aid application process, including descriptions of the FAFSA and Profile forms.
Cap and Gown will spare change and cardboard that says

Education Loans   

A description of the main types of student loans, including government loans, consolidation loans, and private loans.
Graduation Cap on top of a stack of quarters and bills.

Choosing the Right Loan

Questions every student should be able to answer before taking on a student loan.
Woman with shrugging shoulders -- not sure what to do.

Selecting a Private Loan Lender

When federal loans are not enough, private lenders such as banks, credit unions, and non-profit lenders can help to fill the gap.
A Promissory Note with sharp pencil on it.

The Master Promissory Note   

An introduction to the agreement that specifies your rights and responsibilities when accepting a student loan.
Young man dressed in cap and gown with $ tag hanging as a tassle.

Repaying College Debt   

A look at common repayment plans, including how different plans affect your monthly payment and overall cost.
Green dollar sign with graduation cap in a field on a sunny day.

Borrowing Wisely   

Making smart choices about student loans, including a description of the impact of loan capitalization.
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Independent Student Status   

Understanding your financial aid dependency status, including a discussion of what to do if the parents of dependent students refuse to help them pay for college.
Life Saving Ring thrown in the air. White with bright red stripes.

Dealing with Too Little Aid

Why some students find themselves with too little aid and what can be done to make ends meet.
Person putting last piece of a jigsaw puzzle down.

Financial Planning

What you need to know to start making a long-term financial plan, from getting married to planning for retirement.

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Medical Care Planning

How to make sure your wishes are followed in a medical crisis.
Coach Writing Play on Chalkboard

Financial Planning

Learning the "how" and "why" of short, medium, and long-term financial planning.
Hanging file with label

Estate Planning

Wills, trusts, and other end of life issues.
The words: Last Will and

Creating a Will

A will is the cornerstone of the legal framework of an estate plan, and everyone should have one.
Power of Attorney document in a typewriter.

Powers of Attorney

Everyone faces the possibility of temporary or permanent incapacitation. Make sure your wishes are followed.
Two wedding rings touching and on top of $300.

Talking About Money

A look at some of the financial considerations of getting married.
Dentist giving young man novocaine in his mouth.

Planning for the Unexpected

Planning for unexpected events, including accidents, death, and even the possibility of divorce, are all part of a responsible marriage.

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This Week

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Personal and Professional Etiquette

Whether you're applying for a new job, having a business lunch or evening going on a date, everyday personal etiquette says a lot about you.

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About Suffolk Federal Credit Union

A credit union built to serve Long Island more than 50 years ago—by individuals who live and work here - Suffolk Federal is dedicated to providing better banking for all. In a recent study by Forbes, Suffolk Federal was ranked as one of the best Credit Unions in New York State and #1 on Long Island trust, customer service, financial advice & more.


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