Money Moves Recent Grads Should Consider
January 3, 2025
Graduating from college is an exciting milestone, but it’s also the perfect time to focus on your financial future. Building on the foundation you’ve already laid the groundwork for with smart money choices will set you up for long-term success. Here are a few key financial products to consider as you take the next step.
Defined Benefit Annuity: If you want to take charge of your future retirement, starting early is key. Our Defined Benefit Annuity, a system that combines an online tool with our Future Flex Fixed Index Annuity, provides guidance for building a steady income stream for the future.
Whole Life Insurance: Whole life insurance policies not only provide life coverage but also build cash value over time, making them a smart financial decision. If you already have a Youth 3 Pay Life policy with a Guaranteed Purchase Option Rider, stick with it and keep adding to it! You can even borrow against the cash value to help with financial emergencies, a house down payment or other expenses.* If you do not have a Guaranteed Purchase Option Rider, now is a great time to purchase additional whole life insurance to build cash value and/or term insurance to help provide financial security for your loved ones in the future.
Term life insurance can help provide financial protection for your loved ones should you pass away unexpectedly. The death benefit can be used to pay off mortgage, student loan and other debt you may have accumulated as well as provide a memorial and legacy for your loved ones.
Your future starts now! Visit gbu.org and learn how you can set up the financial tools that can help you create a successful legacy.
GBU Life is the marketing name for GBU Financial Life. Life insurance is underwritten by GBU Financial Life (GBU), Pittsburgh, PA 15227. *Loans and withdrawals taken against a permanent life insurance policy will reduce the death benefit and may result in a taxable situation. Policy and features are subject to approval. Riders are optional and have additional fees associated with them. Products not available in all states. Please see policy and rider coverage for complete details. Contract Form Series: ICC23_FPDA_IA_CON_(01-23), FPDA_IA_CON_FL_(07-23), FPDA_IA_CON_(07-23), ICC19-Y3Pay, FL20-Y3Pay, GEN-Y3Pay, ICC20- ART, FL20-ART.2, GEN20-ART, ICC20-ST, FL20-ST.2, GEN20-ST.
As we move into the second quarter of another exciting year, I want to take a moment to reflect on our accomplishments and share some of the new initiatives we are implementing in the realms of sales, marketing and community engagement. Over the past year, GBU Life has reached significant milestones thanks to the dedication and hard work of our team and the trust and support of our members. Our sales department has exceeded targets, and we have expanded our reach to more communities than ever before. We have launched several successful marketing campaigns that have not only increased our visibility but have also strengthened our brand's presence in the industry. For this year, our focus will be educating potential new members on the importance of securing their financial futures through life insurance and annuity products while serving their communities as part of our great Society. Looking ahead, we are committed to enhancing our sales strategies to better serve you. We are introducing some tools for our agents to enhance our products. One new tool is our Defined Benefit Annuity program which combines the Future Flex Fixed Index Annuity (FIA) with a software tool that can help determine retirement savings needs and break them down into contributions over time to help you meet your retirement goals. Be sure to keep in touch with your GBU agent to review your plans and products to see how adding an FIA to your retirement planning can help boost your savings efforts
GBU members between the ages of three and nine years old can enter their colored page in this year's contest, which is themed Pawprints on My Heart. Three age categories will be judged as follows: Category I: Ages three and four Category II: Ages five and six Category III: Ages seven, eight and nine Entrants may use crayons, colored pencils, markers or watercolor paints. Entries will be accepted through Monday, August 18, 2025, at 11:59 p.m. EST. The picture on the next page can be reproduced, or copies can be obtained by calling the Community Engagement Team at the GBU Home Office (800-765-4428) or by printing the image above. Cash Prizes for Each Category First prize: $75 Second prize: $50 Third prize: $30 How to Enter Send the three- to nine-year-old GBU member's coloring contest entry with their name and address on the colored page to: GBU Life ATTN: Member Benefits 4254 Saw Mill Run Boulevard Pittsburgh, PA 15227-3394. Or email contest@gbu.org with "Coloring Contest Entry” as the subject line. General Information Judges reserve the right to accept or reject any or all entries. Their decisions will be final. Artwork will be handled at the GBU Home Office with the utmost care. GBU reserves the right to reproduce entries for whatever use it wishes, provided proper credit is given. Permission does not include the sale of such work.
GBU has designated four Community Pillars - Wellness, Education, Charitable Giving and Hometown Hero Support - which are a concentrated list of causes that resonate with our values.
Looking for new spots to explore this winter? Check out these three must-visit places for your next adventure.
Details and deadlines surrounding the GBU Foundation scholarship and grants for 2025.
Looking to try some new recipes this winter?
We've found some tips to keep up your sleeve this winter.
The Defined Benefit Annuity from GBU Life can help you to create a plan for a guaranteed income in retirement by making regular contributions based on your retirement income targets.
Kick-start your child’s journey to financial success with a whole life policy from GBU Life.
How well do you know the characters from the hit TV series The Office? Watch your reruns and get ready to test your skills in our winter trivia contest!