Often-Missed Tax Deductions and Credits

Often-Missed Tax Deductions and Credits - PenFed Your Money Blog

The tax landscape can be difficult to navigate. Nevertheless, figuring out which tax write-offs you qualify for could prove lucrative. To put you on the right path, consider whether these little-known tax deductions and credits could save you thousands of dollars down the line.

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Posted in: NerdWallet, Taxes

How To Keep Your Debit Card Safe From Fraud

How To Keep Your Debit Card Safe From Fraud - PenFed Your Money

Debit card fraud is a very real danger and you’ll want to be cautious when swiping your debit card — or entering your debit card number online. Because a debit card is linked directly to your bank account, you could find it wiped out before you even know your card has been stolen. And while you aren’t liable for fraudulent charges in most cases — you’ll want to bank with a financial institution that has you covered in the event that you do get scammed or have your debit card information compromised or stolen.

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Posted in: Avoiding Scams & Fraud

Tax Tips to Help New Parents Save Money

Tax Tips to Help New Parents Save Money

Congratulations, new mom or dad! Now take out the checkbook, because your bundle of joy comes with a bundle of new expenses. But all those day care costs and pediatrician bills can bring new tax deductions that can help you ride out the first years of parenthood without going broke.

Here are the major ways your tax situation may change now that you’re a parent.

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Posted in: NerdWallet, Taxes

PenFed Team Runs for Children’s Miracle Network

Credit Union Cherry Blossom 10 Miler & 5K - PenFed Credit Union Steve Bosack

More than 100 PenFed Credit Union Employees Participate in Annual Cherry Blossom Run

Seasoned runners and beginners alike from PenFed Credit Union took to the streets of our nation’s Capitol April 2nd to participate in the annual Credit Union Cherry Blossom Ten Mile Run and 5K Run-Walk. This race and the Credit Union SacTown Run in Sacramento, Calif together raised $580,485 for Children’s Miracle Network. More than 100 PenFed employees volunteered their time or ran in the Cherry Blossom races. PenFed sponsored Water Stop Charley, Mile Six of the 10 mile race where volunteers provided water and inspiration to the runners.

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Posted in: 2017, Credit Unions, News Releases, Special Events

Energy Efficiency Tax Breaks Let You Go Green and Save Bucks

 

Energy Efficiency Tax Breaks Let You Go Green and Save Bucks

Going green isn’t only a way to save the planet. It can also help you accomplish a less lofty but still necessary goal: saving money.

Credit is due to Congress, technology and that economics classic, supply and demand.

Installing solar panels is among the adjustments that will save you the most, but there are other ways that being eco-friendly will cut your bills.

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Posted in: NerdWallet, Personal Finance, Taxes