An Individual Retirement Account (IRA) is a form of retirement plan that provides many tax advantages for retirement savings. There are 2 main types of IRAs: Traditional IRA – You make contributions with money you may be able to deduct on your tax return, and any earnings can potentially grow tax deferred until you withdraw…

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Small business owners, Westport Federal Credit Union wants to spotlight you! You’ll have the opportunity to be featured on our Facebook, Linkedin, Twitter, and Instagram accounts along with a blog post on our website. This is a free service to new and current members to help you spotlight your small business during these difficult times.…

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With college costs always on the rise, thinking about how to pay for it is daunting.  Did you know that college tuition has more than quadrupled between 1980 and 2015? In fact, the average monthly loan payment for a college graduate of 4 years is a little shy of $400! Read our tips on how…

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The holidays are almost here and that means gift giving is too! We all know that there is no shopping like holiday shopping, but funds can sometimes get low while there are still plenty of gifts that need to be purchased. That is where Westport Federal Credit Union has you covered. With the help of…

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