With so much focus on what's going WRONG in the economy right now, basic information about what people can do to weather the current conditions gets lost. The harsh reality is that too many Pennsylvanians from all walks of life and all ages are not equipped to make sound financial decisions.
In this section, you will find consumer alerts to protect you from the latest scams; instructions to obtain your free credit report; links to reliable and trusted educational resources; and information on Treasury’s efforts to promote and expand financial education programs for our veterans.
Treasurer McCord also has launched RetirePA, Treasury's Retirement Security Initiative, to encourage Pennsylvanians to make saving for retirement a financial priority. Visit RetirePA.com for information and tools to help you build a financially secure retirement.
We hope to serve as a reliable source and a clearinghouse of information on which you and your family can rely.
Saving for college
Our college savings calculator can help you predict how much you’ll need to save.
Buying your first home
Treasurer McCord sits on the board of the Pennsylvania Housing Finance Agency (PHFA). PHFA provides a range of benefits for first-time home buyers. Lean more…
This mortgage calculator will help you figure out how much home you can comfortably afford.
Saving for retirement
Far too many Pennsylvanians do not save enough for a secure retirement. Easy ways to start or enhance your savings include increase your retirement savings include automated contributions to a 401(k) and calculating the amount you’ll need to retire and set a savings goal.
Making ends meet
Unlike payday or cash advance loans, a Credit Union Better Choice Loan offers a longer, 90-day repayment term with lower fees and interest rates. In fact, you’ll never pay more than $25 for your application fee. And, you’ll pay only 18% APR—that’s considerably less than the 500% effective interest rates you may be paying on a payday loan. Plus, you’ll have the flexibility of making monthly, bi-weekly, or weekly loan payments. Learn more...
If you’ve lost your job through no fault of your own, you may qualify for unemployment. Learn more...
Find out about your options for health insurance coverage after a job loss. Learn more...
Read the Commonwealth’s Health & Human Services Resource Guide that outlines state government assistance you can use to pay for child care, transportation, medical care, food and more.
Keeping your economic footing during the recession
This recession has us all wondering how can keep our financial footing. It’s important to develop a course of action, both short-term and long-term, that fits your unique set of financial circumstances. Here are some tips to get started:
Managing finances during a deployment
Veterans and their families face unique economic challenges during their deployment and upon their return to civilian life, and these challenges are exacerbated by the recession. Learn more...