New job, new financial goals: time for a fresh look at your finances

If you are considering making a career switch, it’s important to spend some time evaluating how this change could impact your finances.

Prepare For Your Future

Starting a new job brings exciting changes—and it’s the perfect time to organize your finances, manage your benefits, and plan for a secure financial future.

Managing Your Accounts Efficiently

Contact your new employer’s HR or payroll department to set up direct deposit.
Use your American Heritage routing and account number to ensure quick and secure deposits.
Update any bill payments or automatic withdrawals tied to your previous account.
Consider splitting your paycheck between checking and savings for easier money management.

Make the Most of Your Retirement Options

Review your previous employer’s 401(k) or retirement plan options.
Consider rolling over your old 401(k) into an IRA or your new employer’s plan.
Meet with the Investment & Retirement Center at American Heritage for rollover guidance.
Start contributing to your new employer’s retirement plan as soon as you're eligible.

Understand and Maximize Your New Benefits

Review health insurance, dental, vision, and life insurance coverage.
Understand flexible spending (FSA) or health savings (HSA) options.
Check for employer contributions to retirement or savings plans.
Plan ahead for enrollment deadlines or benefits that require early action.

If you are planning to leave your current employer without another job lined up or are reducing your hours:

Make sure you have an emergency fund in place so that you are prepared to cover at least 6 months of expenses
Examine your monthly expenses closely and cut out costs where possible
Ensure you have a plan in place to avoid gaps in health insurance coverage
Put a plan in place to protect your retirement savings

Savings Accounts

A new job is a great time to revisit your savings goals. Whether you're building an emergency fund or planning for future milestones, American Heritage offers high-yield savings accounts, money market accounts, and more—so your money works harder for you every step of the way.

Investment & Retirement Center

The Investment & Retirement Center at American Heritage is here to support your financial journey—especially during times of transition. If you’re starting a new job or changing employers, it may be the right time to explore your 401(k) rollover options and evaluate your long-term retirement goals.

Checking Accounts

A new job comes with new opportunities—and your checking account should keep up. American Heritage offers convenient, flexible checking options designed to fit your lifestyle, with features like no monthly fees, surcharge-free ATMs, and digital tools to manage your money anytime, anywhere.

Advice for Your New Role

Why You Need an Emergency Fund (And How to Build One Faster)

By: American Heritage

01.16.25

While saving for an emergency may not sound as exciting as splurging on a luxury item, putting aside enough for a robust backup fund will help you achieve financial peace of mind.

Read This Blog

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Managing Your Finances & Your Mental Health

By: John Lutz

05.15.25

With May being Mental Health Awareness Month, now is a perfect opportunity to check in on your well-being, even when it comes to your finances. Review tips and strategies you can follow to make managing your money less stressful.

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Navigating Rising Costs: How to Secure a Part-Time Job

By: Nicholas Franks

07.11.24

In today's ever-evolving economic landscape, many of us find ourselves grappling with rising costs of goods. From groceries to gas, the impact of inflation has been felt across the country, leaving countless households looking for ways to fill in the gap of their wallets. One popular solution is obtaining a part-time job. This blog will guide you through the process of securing a part-time job, from the initial thought process to research and finally, nailing the interview!

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Blog 7 Strategies For Making Your Side Gig Full Time

7 Strategies for Making Your Side Gig a Full-Time Career

By: American Heritage

06.30.22

More and more Americans are imagining new ways to earn extra income and achieve financial freedom. According to a recent survey, nearly half of all full-time workers in the U.S. are currently pursuing some type of employment or entrepreneurial venture in addition to their regular day jobs. And while many are happy to keep their side hustles on the side, others are dreaming bigger. Are you curious about growing your part-time passion project into a full-fledged business? Read on for seven valuable tips.

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5 Facts that Show How Education Leads to Better Pay

By: American Heritage

08.08.19

We all want to live comfortably and build a secure financial future. Whether you’re supporting yourself or a big family, you deserve this financial freedom. Unfortunately, earning a good salary can be a challenge for many Americans. In today’s competitive job market, being a skilled and valuable employee is the best way to ensure a great paycheck. And this usually depends on a great education.

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Careers at American Heritage

Build your professional future with a career at American Heritage Credit Union! American Heritage is not only invested in enhance our members’ lives, but more importantly our employees. Find out why we have been voted one of the best places to work by The Philadelphia Business Journal for 15 years in a row.

View Open Positions

Checking Account for your lifestyle.

Make starting a new career easy with an American Heritage checking account with direct deposit and online account management tools.

Learn more

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Important Disclaimers

* Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. American Heritage Credit Union and The American Heritage Investment & Retirement Center are not registered as a broker-dealer or investment advisor. Registered representative of LPL offer products and services using American Heritage Investment & Retirement Center, and may also be employees of American Heritage Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, American Heritage Credit Union or American Heritage Investment & Retirement Center. Securities and insurance offered through LPL or its affiliates are:

Not Insured by NCUA or Any Other Government Agency

Not Credit Union Guaranteed

Not Credit Union Deposits or Obligations

May Lose Value

The LPL Financial registered representative(s) associates with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

**CRPC® is a registered service marks of the College for Financial Planning®.

***Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.

Your Credit Union (“Financial Institution") provides referrals to financial professionals of LPL Financial LLC (“LPL") pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for advisory services. Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.

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