Tools

To accompany Hands-On Learning to Build Financial Habits: Federal Resources to Encourage School-Based and Youth Savings Programs, this document is intended to provide information on non-governmental research and resources that may be useful to financial institutions, state, local, or tribal government officials, teachers and school leaders, and others interested in establishing such a program. This document includes a description publicly available websites, reports, research papers, and other readings on child savings that may help practitioners learn about best practices and techniques.

This document lists an array of resources for students and their families with tools and information to help make informed decisions about saving, paying, or financing their higher education. This list was compiled by members of the Postsecondary Subcommittee of the Financial Literacy and Education Commission (FLEC), and offers free resources from federal agencies.

Kids learn important money lessons from watching you earn, spend, save, and borrow. The CFPB and the FDIC are working together to help better prepare America’s young people to make financial decisions to achieve their own goals, throughout the stages of their lives. Start with the links below to explore age-appropriate information and activities for your kids.

Determine how long it will take to pay off your debt based on different monthly payment scenarios.

Use savings bonds to plan for your financial future.

Estimate Your Social Security Retirement Benefits Online. The Retirement Estimator is tied to a person’s actual Social Security earnings records and eliminates the need to manually key in years of earnings information.

Are your funds fully insured? This Electronic Share Insurance Calculator will help you determine the insurance coverage for your accounts held at federally insured credit unions.

Want to know your life expectancy? You can use our simple life expectancy calculator to get a rough estimate of how long you (or your spouse) may live. Knowing this information can help you make a more informed choice regarding when to collect Social Security retirement benefits.

The on-line Retirement Estimator produces estimates of Social Secuirty retirement benefits based on your Social Security earnings record. These estimates are provided for three different ages -- early retirement age, full retirement age, and age 70.

The Office of the Comptroller of the Currency’s Customer Assistance Group helps customers of national banks and their operating subsidiaries to resolve issues and complaints related to applicable banking laws and regulations. To talk with an information specialist, in English or Spanish, Monday through Friday 7:00 am to 7:00 pm CST. Toll free: 1-800-613-6743.