Participant Insights

Portfolio rebalancing, how to budget your money, what’s an HSA and who needs one? Preparing for retirement is hard. From personal finance basics to retirement planning and everything in between, we’ve got a few ideas to make life a little simpler. Contact MCF with any questions.

Financial Wellness

Millennials – The Time to Start Saving is Now!

May 16, 2022 Savings

Typically, younger people don’t make retirement savings a priority. Living expenses, student debt, rent or house payments, and other day-to-day expenses mean that retirement savings take a back seat.

Savings vs. Debt

January 4, 2022 Savings

Debt continues to sweep the nation. With student loan debt forever looming in the background, credit card debt is piling up fast for many Americans.

How Long Will Your Money Last?

December 6, 2021 Savings

With all of the advanced education and strategy tools available, it is still often difficult for employees to understand the difference between what they can save for retirement and what is needed to retire. Sometimes, it is helpful to see what your account will actually provide over the course of your retirement. It can also help you set an achievable goal.

Carving a Holiday Budget

November 23, 2021 Savings

The holidays are a time for giving, but often people can be a little overgenerous during this time of year and later find themselves in financial trouble. According to a survey by Country Financial 32 percent are feeling the greatest stress around holiday finances.

Save Early, Aim for Your Goal

August 17, 2021 Savings

Contributing to your employer’s retirement plan as soon as you’re eligible is crucial to meeting your retirement goals. The earlier you start saving, the more time compounding interest has to work on your behalf. Putting off contributions today means increased contributions to reach the same goals tomorrow.

What’s an HSA and is it Right for You?

May 18, 2021 Savings

Health savings accounts (HSAs) have grown tremendously in popularity over the past few years.1 You’ve probably heard of them or maybe your employer offers one. This memo will uncover answers to common questions you may have about HSAs.