Extra Newsletter - Winter 2019

iNTRODUCING OUR NEW E-NEWSLETTER FORMAT MARKET WATCH Welcome to the first online edition of Actors Federal Credit Union's Extra Newsletter. In this new format, you will find clickable links and scrollable content areas. These new features make Extra Newsletter more interactive than ever before.  You will also find that some articles are abbreviated to save space. By clicking the "continue reading" link you will be directed to ActorsFCU.com to finish reading the complete article.  Lastly, we estimate that moving Extra Newsletter to an online-only format will save the credit union thousands of dollars every year and reduce our paper consumption. EXTRA Explore options for eliminating your credit card debt once and for all In this issue: WINTER 2019 tax season is approaching: actorsfcu members save on turbotax newsletter Mark your calendar with these important dates save up to $15 members can ActorsFCU Claim this offer TurboTax is the software that has you covered! This year, get your biggest possible tax refund - without leaving your living room.   TurboTax, the #1 best-selling tax software, is up to date on the latest tax laws and guarantees 100% accurate calculations, so you can be confident your taxes are done right and that you will get your biggest possible refund.  Plus, as a credit union member, you can save up to $15 on TurboTax this tax season. To access the member discount, click on the TurboTax banner on ActorsFCU.com anytime. <Continue reading on ActorsFCU.com>   Visit http://turbotax.intuit.com/lp/yoy/guarantees.jsp for TurboTax product guarantees and other important information. Limited time offer for TurboTax 2018. Discount applies to TurboTax federal products only. Terms, conditions, features, availability, pricing, fees, service and support options subject to change without notice. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks &/or service marks of Intuit Inc. in the United States and other countries.     MARKET WATCH Get Started Now on Traditional vs. Roth IRA  Learn More SMARTER INVESTING: % *Taxes and penalties apply to withdrawals made before age 59.5. Consult a tax professional for complete details. Meet Gary Ginsberg open an ira before tax season your financial goals Traditional IRA Roth IRA Pre-Tax Contributions Post-Tax Contributions Contributions grow tax deferred Contributions grow tax free Immediate tax benefits No current-year tax benefits Withdrawals taxed as current income Withdrawals are tax-free Withdrawal age 59.5* Withdrawal age 59.5* Traditional & Roth  IRAs Available ActorsFCU has a longstanding relationship with Gary Ginsberg of Royal Alliance, Inc., SIPC/FINRA.   Gary has been helping our members reach their financial goals since 1992.  Call 212.869.8926, ext. 315 to schedule a free, no-obligation consultation today.  Disclosure statement: Investments through Royal Alliance Associates, Inc., member FINRA/SIPC, are not federally insured, are not obligations of the credit union, are not guaranteed by the credit union or any affiliated entity, and involve investment risks, including the possible loss of principal. Securities and advisory services offered through Royal Alliance Associates, Inc. (RAA), member FINRA/SIPC. RAA is separately owned and other entities and/or marketing names, products or services referenced here are independent of RAA. Offices located at: 165 W. 46th Street Suite 509 New York, NY 10036 With tax season just around the corner, now is a great time to open an Individual Retirement Account (IRA). ActorsFCU offers both traditional and ROTH IRAs. The table below will give you an idea of which IRA is right for you.  Are you carrying If so, you want the lowest interest rate possible! Take advantage of a fee-free balance transfer with an ActorsFCU VISA card and enjoy our special low introductory rate of 2.90% APR* for six months.   After the introductory period, our VISA credit card rates are as low as 7.90% APR*. That’s less than half of the national average for credit card rates!   Plus, you'll earn "Member Rewards" points on every purchase. Points are redeemable for brand name merchandise, travel, gift cards, and more.  We understand that our members' income and credit scores vary- that's why we offer three levels of VISA Platinum cards. Click on a card on the left to learn more and find the card that's right for you. Disclosure Statement: *APR = Annual Percentage Rate. Actors Federal Credit Union VISA Credit Cards feature a non-variable annual percentage rate as low as 7.90%. ActorsFCU offers four types of VISA credit cards. The type of card and interest rate that you approved for will be determined by your creditworthiness and our underwriting guidelines. Not all members will be approved for a credit card. Minimum loan amount is $500. Maximum loan amount is $25,000. The minimum payment on your credit card account will be either (a) the new balance shown on your statement if the amount is equal to or less than $20.00; (b) 3.00% of that portion of the new balance which does not exceed your credit limit (rounded to the nearest dollar), or $20.00, whichever is greater, plus the entire portion of the new balance in excess of your credit limit, plus any amount past due. Payments must be made by the due date shown on the monthly statement. Programs, rates, terms, and conditions are subject to change without notice. This newsletter is not a promise to lend. All loans are subject to credit approval and underwriting guidelines. See full details at https://actorsfcu.com/credit-cards MARKET WATCH Apply Now a balance? credit cards Apply Now Apply Now If so, consider our Balance Transfer Loan! Text MARKET WATCH Our Balance Transfer Loan is designed for people who are serious about paying off credit card debt.  Our Balance Transfer Loan can be used to consolidate your debts, paying off up to $30,000 worth of credit card balances.  Instead of juggling multiple credit cards, you'll make just one fixed monthly payment to ActorsFCU. Consolidating your debts also means paying just one fixed interest rate, as low as 8.90% APR*, and avoiding the pesky fees that credit card issuers so often charge (e.g. annual fees).  To learn more about our Balance Transfer Loan, please visit our website.  Disclosure Statement: *APR = Annual Percentage Rate. Balance Transfer loans feature a non-variable annual percentage rate as low as 8.90%. Rates are determined by creditworthiness and underwriting guidelines. Minimum loan amount is $1,500. Maximum loan amount is $30,000. A down payment up to 5% of the loan amount may be required. As an example, Balance Transfer Loans with a repayment term of 60 months and an APR of 8.90% will pay $20.71 per month per thousand dollars financed. This example is for members with excellent credit. Not all members will qualify for these payment arrangements. While accurate, quoted payments and interest rates are not guaranteed. Programs, rates, terms, and conditions are subject to change without notice. This newsletter is not a promise to lend. All loans are subject to credit approval and underwriting guidelines. Please ask for complete details. Do you have multiple to consolidate? Holiday Closings New Year's Day Jan. 1st All offices closed Martin Luther King, Jr. Day - Jan. 21st All offices closed Presidents' Day Feb. 18th All offices closed Credit Union Events Annual Meeting March 29th  3:30 - 5:30 PM Actors' Equity Building  14th floor New York, NY Mark your calendar with these important dates Monday - Friday | 9:00 am - 8:00 pm EST Call: 212.869.8926 Phone Center New York City | AFM Local 802 Los Angeles | SAG-AFTRA Building Chicago | AEA Building 5757 Wilshire Boulevard - Suite 655 Los Angeles, CA 90036 Monday - Friday | 9:00 am - 5:00 pm PST Fax: 213.938.9035 New York City | AEA Building WINTER 2019 North Hollywood | AEA Building 557 West Randolph Street Chicago, IL 60661 Monday - Friday | 9:00 am - 5:00 pm CT Fax: 312.775.6230 5636 Tujunga Avenue North Hollywood, CA 91601 Monday - Friday | 9:00 am - 5:00 pm PST Fax: 818.853.7508 165 W. 46th Street, 14th Floor New York, NY 10036 Monday - Friday | 9:00 am - 5:00 pm EST Fax: 212.575.5836 322 W. 48th Street, 4th Floor New York, NY 10036 Monday - Friday | 9:30 am - 5:00 pm EST Closed daily 1:00 - 2:00 pm Fax: 212.400.2145