Health Coverage in Retirement

If you’re like many Americans, you probably receive your health insurance through your job. However, when it comes time to retire, you’ll be faced with a difficult — and potentially costly — problem. Here are some tips ...

An Update Regarding COVID-19

It’s been more than two months since the majority of the United States was shut down due to the COVID-19 pandemic. Thanks to social distancing and the use of protective masks, we are seeing what looks to be a return to normalcy ...

Why You Should Open a Savings Account for Your Business

When you were a child, your parents opened your first savings account. As you grew and came into bills of your own, you opened a checking account to have better access to your money. Now, as the owner of a business, you’ve probably ...

A Message from Colonial Regarding COVID-19

At Colonial, the health and safety of our customers and employees is our highest priority. Because of the growing concern regarding the coronavirus, also known as COVID-19, Colonial is taking extra precautions to ensure the well-being ...

Tips for Saving Money on Clothing

With so many occasions and seasons to dress for, your clothing budget can easily get out of hand. While it’s nice to have a wardrobe that can address every scenario and social gathering imaginable, you simply don’t have the ...

How to Establish Good Social Media Practices with Your Kids

In a world where it seems everyone is sharing daily life with an audience, it makes sense that your kid would want to join in on the fun. You know well, however, that social media isn’t all fun and games. Although it has the ...

Choosing the Right Paint Colors

Picking colors to paint a room can feel like an overwhelming task, and the stakes are high — the choices you make will affect the space you live in day after day. With so many options out there, what’s the best way to make ...

What Is a Good Amount for an Emergency Fund?

Emergencies happen to everyone, regardless of whether you have a steady income or are struggling to manage your finances. Unexpected expenses can throw your life into turmoil — and if you don’t have the money to resolve the ...

What is Escrow?

If you have ever shopped for a house, you have heard of the term “escrow” or the phrase “in escrow.” It’s usually used regarding real estate, but it is also applicable to other large purchases, especially when you want ...

When to Crack into Your Retirement Savings Early

While it’s usually best to avoid withdrawing from your retirement funds early, there are a few special situations when it can be advantageous to do so. Discover which scenarios might legitimize this transaction and learn how ...