End of Life Financial Considerations Series (Part 1 of 3)

Posted in Board Brief, KTFCU News on Aug 21, 2024

IT'S A VERY TOUGH SUBJECT; END-OF-LIFE

WHY BRING IT UP? End-of-Life is a topic most people want to avoid.

92% percent of people surveyed say it's an important top.
32% have had at least one conversation with loved ones.
34% have an Advance Directive (outlining their medical desires & who, if not them, makes those decisions).
32% have an Estate Plan with a Will (down from 45% in 1990), which legally documents their financial affairs.

From the statistics, we all know the importance of planning for our future. As a nation,we are less prepared and we do a poor job of communicating it to loved ones...

Minimizing Exposure to Identity Theft Series (Part 4 of 4)

Posted in Board Brief on Jul 17, 2024

Ways WE can protect ourselves from Identity Theft and Scams

Everyone is susceptible to Identity Theft and Fraud, regardless of age. However, some age groups are more susceptible in certain ways than other groups. For example:

• Millennials have high instances of ID Theft, especially related to online accounts and are frequently targeted by apartment/rental scams.
• Gen-Xers have high rates of credit card fraud and ID Theft and are commonly impacted by employment/loan scams and phishing attempts.
• Baby Boomers have high rates of tax-related ID Theft and fraud and are often targeted by work-from-ho...

July 2024 Newsletter

Posted in KTFCU News, Newsletter on Jul 01, 2024

[July 2024 Newsletter.pdf]