It Doesn't Pay to Delay

If you are waiting for rates to increase before locking in an investment, you may be missing an opportunity.

Investment Planning Customized for You

Nowadays, managed accounts are more affordable to come by and could help you better reach your investment goals. Find out if a managed account is for you.

Ten Things to Do Before You Retire

With the right preparation and planning, you can transition to retirement smoothly and live the life you envisioned.

Watch our video for more info about the 529 plan.We know the importance of education and want our members to be able to achieve this important goal. That’s why our CFS* Financial Advisor is able to offer you a 529 college savings plan – only available to Alameda County employees.

Whether you are saving to help your kids, grandkids, or other family members to attend school or planning ahead for your own education expenses, a 529 savings plan through American Funds comes with many benefits including:

  • Flexibility – Use the assets in your account to fund expenses at any U.S. public or private college – undergraduate, graduate, professional or vocational. Qualified expenses include tuition, fees, room and board, and many more.
  • Investing for any beneficiary – Use your 529 account for your children, grandchildren, nieces, nephews, or friends. You can even save for yourself. In addition, there are no age or income limits.
  • Convenience of automatic investing – Investing is easy and can be done through deductions from your personal bank account or Alameda County payroll deductions.
  • Low plan costs – Never pay a sales commission, and you benefit from low operating expenses so more of your money goes toward your goal and not fees.
  • Control over your account – Unlike other college funding vehicles, you control the assets in a 529, even when your beneficiary reaches the age of enrollment.

We think you'll love the sound of thisUse Savings At: Colleges, Universities, Community Colleges, Vocational Schools, Some Private Elementary, High Schools.

Applying is easy. Here's how:

  1. DOWNLOAD application
  2. FILL OUT the application, including name, social security number, beneficiary, etc.
  3. SUBMIT application by mail or fax to the address on the form, or you may drop it off at any 1st United Credit Union branch 

For more information or questions, please contact the CFS* Financial Advisor located at 1st United Credit Union:


Rahil Machiwalla, Financial Advisor
CUSO Financial Services, L.P.
CA Insurance Number: 0G20361

(925) 598-4718
Rahil.Machiwalla@cusonet.com

 

Frequently Asked Questions

These and other frequently asked questions can be found at the American Funds website.

Consolidating Retirement Accounts

Find out if consolidating retirement accounts is a good strategy for you.

What is a Fixed Index Annuity?

1st United Credit Union understands that investing can be overwhelming and confusing. That’s where we come in.

Understanding Asset Allocation

Proper asset allocation is one of the most important factors in determining an investment portfolio’s performance.

The Three Phases of Retirement

Regardless of which stage you’re in, a retirement plan is vital, but it’s important to remember that it isn’t rigid, but modifiable.

The Five Big Questions About Retirement

In putting together your plan, be sure to ask yourself these five questions.

The 411 on 457 Plan Rollovers

Did you know that you may have an option to rollover a 457 “deferred comp” plan if you have retired from or left a company that offered the plan?

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