Victory State Bank Reminds All To Save For Retirement

 

STATEN ISLAND, N.Y. -- With the average American spending 20 years in retirement, financial security doesn’t just happen overnight. With this in mind, Victory State Bank is reminding business people and consumer alike that saving money is a healthy habit.

 

When it comes to planning for your future, the course of action must include a strategy, commitment and money.

 

The United States Department Of Labor lists the top 10 ways to prepare for retirement:

 

1.Start saving, keep saving, and stick to your goals

2.Know your retirement needs

3.Contribute to your employer’s retirement savings plan

4.Learn about your employer’s pension plan

5.Consider basic investment principles

6.Don’t touch your retirement savings

7.Ask your employer to start a plan

8.Put money into an individual retirement account

9.Find out about social security benefits

10.Ask questions

 

These tips are meant to point you in the right direction, as Victory State Bank reminds you saving money is key to a successful retirement. 

 

About Victory State Bank:

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com

 

Media Inquiries:

 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


Victory State Bank Points to 4 steps to getting covered in the

Health Insurance Marketplace

 

STATEN ISLAND, N.Y. – Understanding the new health coverage changes can be confusing without help. Victory State Bank would like to provide you with the following guide from The U.S. Centers for Medicare & Medicaid Services:

You can apply for health coverage, compare all your options, and enroll in a plan in one streamlined application through the Health Insurance Marketplace. When open enrollment begins October 1, 2013, you can fill out your application and see the health coverage options available to you.

 

1. Create an account

First provide some basic information. Then choose a user name, password, and security questions for added protection.

 

2. Apply for Marketplace coverage

Enter information about you and your family, including your income, household size, and more. Use this checklist now to help you gather the information you’ll need.

 

3. Pick a plan

Next you’ll see all the health insurance plans and programs you’re eligible for and compare them side-by-side. You’ll also find out if you can get lower costs on Marketplace coverage.

 

4. Enroll 

Choose a health insurance plan that meets your needs and enroll! Coverage starts as soon as January 1, 2014.

If you need help with your Marketplace application, there are people trained and certified to help you understand your health coverage options and enroll in a plan in every state. And remember that you can contact us anytime by phone or live web chat for help with a Marketplace question.


 

About Victory State Bank: 

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com. .

 

Media Inquiries: 

Relevant Public Relations, LLC

Headquarters: 718 682 1509

www.RelevantPR.com

Mobile: 917 715 8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 


Victory State Bank Points to Tips for Buying a New Car

 

STATEN ISLAND, N.Y. – Buying or leasing a car can be an overwhelming process for first time or inexperienced shoppers. To help you make your purchase as efficient as possible, Victory State Bank recommends the following tips provided by the Federal Trade Commission:

  • Check out different vehicles. Do your research first and compare vehicles. You can go to the website of every car manufacturer and review every model of car available. In fact, most manufacturer sites will even let you use drop down menus to “build” an electronic version of your dream car. Then, when you decide which model, colors, and accessories you want, you can hit the locate dealer button and find the closest showroom that has your car.
  • Research the dealer’s price for the car and options. It’s easier to get the best price when you know what the dealer paid for a vehicle. The dealer invoice price is available at a number of websites and in printed pricing guides. Consumer Reportsprovides the wholesale price; this figure factors in dealer incentives from a manufacturer and is a more accurate estimate of what a dealer is paying for a vehicle.
  • Special Discounts. Determine if you qualify for special discounts or rebates for military personnel, students or other qualifying groups.
  • Negotiate. Negotiate up from the invoice price instead of down from the inflated price to get a good deal.
  • Find out if the manufacturer is offering rebates that will lower the cost. Two websites that offer this information are Carsdirect.comAutopedia.com.
  • Get price quotes from several dealers. Find out if the amounts quoted are the prices before or after rebates are deducted.
  • Avoid low-value extrasextended warranties, rust proofing and upholstery finishes. You do not have to purchase credit insurance in order to get a loan.
  • Hybrid-electric carsfuel economy, increased power, or additional auxiliary power.

 

About Victory State Bank: 

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com. .

 

Media Inquiries: 

Relevant Public Relations, LLC

Headquarters: 718 682 1509

www.RelevantPR.com

Mobile: 917 715 8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 


Victory State Bank Urges You To Take The First       

Step In Protecting Your Child’s Identity


 STATEN ISLAND, N.Y. -- As safety reigns most important to every family, Victory State bank emphasizes proactive parenting to minimize child identity theft.

 

A thief can steal your child’s identity and use it to get a job, government benefits, medical care, utilities, a car loan and even a mortgage.

 

Onguardonline.gov provides several signs that can tip you off about someone misusing your child’s personal information and committing fraud:

 

  • Bills or notices for products or services you didn’t receive including medical care

 

  • Being turned down for government benefits because the benefits are being paid to another account using your child’s Social Security number

 

  • A notice from the Internal Revenue Service stating the child didn’t pay taxes on income or the child’s Social Security was used on another tax return

 

Victory State Bank reminds you it is never to late to take the first step in protecting and preventing your child’s identity.

 

About Victory State Bank:

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com

 

Media Contact: Barton Horowitz

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


How is a Corporation Taxed in New York State?


STATEN ISLAND. N.Y. -- Victory State Bank serves various types and sizes of corporations. Despite their differences, all the corporations have one thing in common: They pay taxes.

The New York State Tax Law requires a corporation to file franchise tax reports and pay franchise taxes annually even if the corporation does not conduct business or loses money.

Franchise tax requirements begin the date the corporate existence begins. Tax responsibilities continue until the corporation is legally dissolved by the Secretary of State.

The corporation will need a taxpayer identification number, obtainable from the federal Internal Revenue Service.

The IRS can answer questions about paying or withholding federal income tax, social security taxes and other federal taxes.

Questions concerning New York State taxes should be directed to the New York State Department of Taxation and Finance, Taxpayer Assistance Bureau, W.A. Harriman Campus, Albany, NY 12227.

You may contact the Business Tax Information Center at 518-457-5342 begin_of_the_skype_highlighting .


About Victory State Bank:

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com

Media Inquiries:

 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. end_of_the_skype_highlighting