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In an increasingly complex and interconnected world, financial literacy has emerged as a cornerstone of personal empowerment and long-term financial well-being. However, Americans collectively owe more than $800 billion in credit card debt and 25% of Americans say they don't have anyone they can ask for trusted financial guidance. Being committed to your financial healthcare for life means that Allied wants to be your…

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Forget Uncle Sam, Look Out for Uncle Scam

They say that nothing is certain except for death and taxes. Sadly, we might have to add a third thing to this list: cyber criminals angling for your money. Fraudsters are trying to take advantage of people eagerly awaiting their tax refund by running scams that have defrauded Americans to the tune of $5.7 billion in 2022, according to the…

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Life’s a Beach with Allied Healthcare FCU

At Allied Healthcare Federal Credit Union, we love our community. Long Beach is our home and healthcare workers are our people and it fills us with pride when we get to show up for both. We had a blast participating in MemorialCare Miller Children's & Women's Hospital annual Beach Day on August 4, in which the hospital transforms an auditorium…

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The Impact of Stimulus Payments on Your Taxes

The Economic Impact Payments that nearly 160 million people received via direct deposit or by mail was one bright spot from last year. If you received a stimulus payment, you might be wondering, what's the catch? We are here to help and put your mind at ease, so let's tackle your questions, one by one. Do I owe tax on…

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Piggy Bank next to a jar of money which reads Tax Refund.

Tips to Boost Your 2019 Tax Refund

Although 2019 has ended, there are still a few things that you can do to save money for your 2019 tax return. Contribute to an IRA account Contributing to an IRA is one of the things that you can still do to reduce your 2019 taxes. You can contribute up to $6,000 to an IRA, or $7,000 if you’re 50…

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