Education Articles

Changes That May Affect Your Medicare Coverage

If you’re a current or prospective Medicare recipient, you should be aware of recent federal legislation and subsequent rule changes by the Centers for Medicare & Medicaid Services to the Medicare Part D prescription drug coverage program. While these changes are intended to minimize prescription drug costs, insurance companies are left to pay t...

What You Need to Know About Earthquake Insurance

As an independent agency, SELCO Insurance Services can help you find affordable earthquake insurance for peace of mind in the event of an earthquake damaging your home.

What Does ‘No Mortgage Insurance / No PMI’ Really Mean?

While "no PMI" or "no mortgage insurance" may sound enticing, there will always be higher costs for your mortgage if you're unable to make a down payment of 20%.

What 2025 Tax Changes Mean for Your Wallet

Starting with the 2025 tax filing year, a new federal law will allow some borrowers to deduct the interest paid on qualifying auto loans, which could result in extra savings at tax time.

Help Keep Cyber Threats at Bay by Upgrading to Windows 11

Support for Microsoft's Windows 10 operating system is ending on October 14. To help protect yourself from being compromised, upgrade to Windows 11 today.

The Benefits of Banking Digitally with SELCO

Banking digitally is like having a secure and convenient virtual bank in the palm of your hand. Starting with the introduction of smartphones and mobile apps, there has been a paradigm shift in the way consumers go about their everyday banking. By combining mobile and online banking services, digital banking has become the preferred way to bank....

Make Your Life Easier with Peer-to-Peer (P2P) Payments

Sending money to friends and family is becoming a common necessity, whether you’re splitting the cost of a meal, paying someone back for a shared birthday present, or even paying the babysitter. One of the fastest and easiest ways to do that is to send money digitally using P2P payments. P2P payments enable you to send money to another person...

Singling Out ‘Uniqueness’ Scams

The art of the scam has been around for centuries, and the “uniqueness” scam is no exception. It goes by many names, but the goal is always the same: to prey on a victim’s desire to feel special or exclusive. Scammers do this by exploiting emotional vulnerabilities and tendencies to chase exclusive or limited-time offers. Classic examples includ...

Make Every Dollar Really Count with Cultivate High-Yield Savings

Saving money is always a good idea, whether it’s stashing cash in your sock drawer or parking funds in long-term investments. But with so many options to choose from, sometimes it’s difficult to decide which savings vehicle will deliver the optimal payoff for your needs. Money market and investor accounts may offer higher returns but often come...

Despite the Noise, Stay the Course on Your Financial Plan

In a 24-hour news cycle with no shortage of ups and downs, it’s natural for your reactions to affect your everyday life, including how you manage your finances. The stock market isn’t immune either. On February 19, the S&P 500, a leading market indicator, soared to an all-time high, only to slip into full “sell! sell! sell!” mode, culminating in...