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Making the decision to return to work after staying at home with children, or leaving the workforce to stay at home is sometimes a difficult decision for parents. The financial aspects of that decision will be based on the elimination of expenses incurred while staying at home, examples of which are life and health insurance premiums that may be replaced by employer-provided plans. When looking at the benefits of working, income should be considered right alongside the ability to build a retirement fund through 401(k) contributions, the cost of health and life insurance and the expenses associated with being part of the workforce.
Tammy Skogen serves as Assistant Vice President, Senior Mortgage Loan Officer in Bismarck, ND, and brings 15 years of experience to Gate City Bank. Originally from Sawyer, ND, she studied at Bismarck State College and Minot State University.
Tammy Skogen serves as Assistant Vice President, Senior Mortgage Loan Officer in Bismarck, ND, and brings 15 years of experience to Gate City Bank. Originally from Sawyer, ND, she studied at Bismarck State College and Minot State University.
Learn about Gate City Bank’s history through the decades, and see why this is only the beginning.
No matter what your business specialty is, there are a wide variety of resources and financing options available to help set you up for success. Learn more!
Experiencing the evolution of banking firsthand throughout the past 50 years has given Darlene Risch a unique perspective. Read more!
The balance between healthy and harmful business debt is crucial to your success. Learn about common red flags to avoid, plus see four simple strategies for managing your debt.
Wondering what to do if you can’t find a specific payee in online bill pay? We’ve got you covered! Learn more.
Your business vision is wonderfully unique, and we care about helping you bring it to life! Whether you run a small start-up, big enterprise, local nonprofit or anything in between, our knowledgeable business banking team can't wait to serve you.
1 Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment, tax or legal advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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