Brian Halverson - President & CEOFinding Balance
Brian Halverson – President
When you match a strong work ethic with a society that doesn’t promote balance, a person can get lost in the day-to-day grind of trying to keep up. Without balance, something always suffers, whether it’s work or family. Or maybe you are present, but nothing gets the full attention it should.
Finding balance isn’t easy. You must identify what is meaningful and learn when, why, and how to say yes or no. When you introduce “change” into the conversation, it makes finding balance even more difficult.
February 10, 2022
Heartland TrustAll About Credit Scores
Adapted from Broadridge Investor Communication Services
It’s difficult to imagine functioning in today’s world without credit. Whether buying a car or purchasing a home, credit has become an integral part of our everyday lives. Having easy access to credit goes hand in hand with having a good credit score, so it’s important to know how to maintain a positive credit score and credit history.
Jana Samek, Relationship Manager – Retirement ServicesRetirement Plan Limits for 2022
Jana Samek, Retirement Services – Relationship Manager
The Internal Revenue Service (IRS) has set inflation-adjusted limits for IRAs and company-sponsored retirement plans for 2022. While some of the contribution limits have remained the same, other limits have changed.
The basic salary contribution limit for a 401(k) and similar company sponsored retirement plans went up to $20,500 for 2022. This is a $1,000 increase from last year. The catch-up contribution limit for those who are 50 years of age or better remained the same at $6,500.
February 10, 2022
Heartland TrustMeet Renee Hobbs
Meet Renee Hobbs
Renee Hobbs is an administrative associate for trust and personal accounts at HTC.
Tell us about yourself.
I grew up in the small town in south-central North Dakota and graduated from NDSU with a bachelor of science degree in business. I am married and have one daughter who is getting married this year.
Shara Fischer, Relationship ManagerWhat is a SIMPLE IRA Plan?
Shara Fischer, Wealth Management Officer
Heartland Trust offers two of the most common types of employer-sponsored retirement plans: 401(k) and SIMPLEs. Both types of plans have many of the same features, but there are key differences that might make one a better fit for your business and employees. This article will cover the features of SIMPLE plans and next quarter we will take a closer look at 401(k) plans.