Financial Education Center

Social Security Retirement Benefits

Social Security was originally intended to provide older Americans with continuing income after retirement. Today, though the scope of Social Security has been widened to include survivor, disability, and other benefits, retirement benefits are still the cornerstone of the program.

Business Succession Planning

When developing a succession plan for your business, you must make many decisions. Should you sell? Should you structure your plan to go into effect during your lifetime or at your death? Should you transfer your ownership interest?

Survey Reveals Generational Differences

In partnership with MacKenzie Corporation, First Bank’s Center for Family-Owned Businesses surveyed 552 respondents for its “2023 Family Business Survey”.

SECURE 2.0 Aims to Brighten the Future for Retirement Savers

The $1.7 trillion appropriations bill passed by Congress at the end of last year included some notable provisions affecting workplace retirement plans and Individual Retirement Accounts (IRAs). Here's an overview of the Act's changes to the complicated rules that govern tax-advantaged retirement accounts.

Yes, Banks Are the Safest Place for Your Money: Find Out More About FDIC Insurance

If you’ve watched the news or scrolled through your social media feed recently, you’ve probably heard the buzz regarding “Federal Deposit Insurance Corporation, or FDIC Insurance” and its importance in both good and not-ideal economic conditions.

Millennial and Gen Z Homebuyers: Is Your Credit Score Ready for a Home Purchase?

If you’re looking to improve your credit score or establish one, here are some things you can do that will help.