How Studebaker Shaped the IRA

2015 marks the 40th birthday of the Individual Retirement Account (IRA). Born under the Employee Retirement Income Security Act (ERISA) of 1974, Congress introduced this new type of retirement plan in response to private pension breakdowns – most notably that of car manufacturer Studebaker-Packard. In 1963, Studebaker-Packard filed for bankruptcy and couldn’t afford to pay… read more

Buying a Car? Safety Should Be Your Number One Priority

When you’re in the market for a new vehicle, there are many factors you need to consider. Is it the right size for your needs? Is the model known for its dependability? Does it come with all the latest bells and whistles? Before you even consider any of the above, make sure that the vehicle… read more

Distracted Driving Is a Serious Threat to Safety

The AAA Foundation for Traffic Safety recently conducted a study showing significant evidence that distracted driving is an epidemic causing more serious traffic accidents among teen drivers than previously known – playing a role in 6 out of 10 moderate-to-severe crashes. That number is four times that of official estimates stemming from police reports. According to… read more

5 Questions to Ask Your Mechanic

A trip to the mechanic can seem like an intimidating experience if you’re not really sure what to expect. If it’s your first time getting vehicle repairs, it can be especially daunting, because you may not be sure they’re going to give you the service you want and need. There are some steps you can… read more

Explore the Benefits of Ally Wallet Wise

For many people, keeping up with the do’s and don’ts of financial issues can be overwhelming. From budgets to credit scores and everything in between, finding the right guidance can make a huge difference to your wallet. The good news is that with Ally Wallet Wise, you’ll find the resources to answer your questions on… read more

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