Ally Bank Straight Talk Blog

In Retirement, Travel While You Pursue Your Passion

At Ally Bank, we believe retirement can be a time to discover an enjoyable, new way of life. In our recent survey with Kiplinger, we asked how people plan to spend these years. Not surprisingly, 77% of those surveyed said they hope to travel, which was the number one response. But the data showed that… read more

Tuesday, April 29th – Live TweetChat: Getting and Staying Financially Fit

For many Americans, planning their finances has become a DIY strategy, and it’s never been more necessary to know how to manage money. April has been designated National Financial Literacy Month and now is a great time to reflect on the fundamentals and beyond of money management. If managed properly, money can provide freedom and… read more

Information from Ally Bank on the Heartbleed Online Bug

A major online security vulnerability known as “Heartbleed” has opened up a window to let attackers steal information such as user names, passwords and the private keys sites use to encrypt and decrypt sensitive data.   We have determined that we are not affected by the Heartbleed bug, and therefore, we do not recommend any… read more

Clock Ticking Toward 2013 IRA Contribution Deadline

You’re running out of time! If you’re considering making a contribution to a traditional or Roth IRA, you have until April 15 to do so for 2013. IRAs are a great way to save money for retirement and potentially receive a tax deduction at the same time. Only 15% of households saved in any type… read more

Take Your Retirement Budget on a Practice Run

If you’re nearing retirement, you’ve likely taken steps to prepare financially for the future. What you plan to do in retirement has a direct effect on your retirement budget. Anticipating your income and expenses in retirement actually comes years before you make the jump. Surprisingly, money isn’t the main consideration when planning your retirement budget.… read more