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

The Importance of Naming a Beneficiary

February 16, 2025 Plan Basics

Do you know what will happen to your retirement savings if you were to pass away? Here are some things you should know about naming beneficiaries that could save your loved ones’ time, money and frustration.

The “Clicking” Concept: Americans Struggle to Save for Retirement

February 1, 2025 Savings

Many Americans are finding it increasingly difficult to save for their futures. This challenge is often encapsulated by the term “clicking,” a concept that represents the ongoing process of managing daily expenses in a way that stretches a paycheck as far as possible. After covering essential costs—such as groceries, mortgage payments, childcare, and unexpected bills—there can be little left for savings. Click.… Click.… Click!

Your Guide to A Financially Healthy New Year

January 16, 2025 Financial Wellness

Reexamining your finances at the start of the year may not seem as exciting as making a commitment to healthier habits or fitness objectives, but financial wellness is closely related to both mental and physical health. You might be surprised at how simple it is to take charge of your finances. Here are six actions will assist you in reaching financial success in 2025 and beyond.

Five Ways to Eliminate Credit Card Debt

January 7, 2025 Financial Wellness

According to the Federal Reserve and U.S. Census Bureau, the average credit card debt balance is $8674. Also, in 2024 the total credit card debt in America became the highest ever recorded at an estimated $1.14 trillion dollars. This for many people and families becomes a hinderance to progressing financially. However, with a strategic approach and consistent discipline, it’s possible to reduce or eliminate this debt.

Winter Word Search

December 17, 2024

Safeguarding Your Family's Future

December 3, 2024 Wealth Management

For many people, creating an estate plan is a task that routinely gets pushed to the bottom of the to-do list. Some assume that estate plans are only for the wealthy and others may simply want to avoid thinking about some of the tough topics estate planning entails. Yet, most everyone should have an estate plan. Here is how to start creating an estate plan in six easy steps.