IRS Updated Life Expectancy Tables
With many other things going on in November, it was easy to miss when the IRS issued new life expectancy tables. This is important because these tables are used to calculate Required Minimum Distributions (RMDs) from IRAs and qualified retirement plans. The old tables will still be used when determining 2021 RMDs, but as of […]
Retirement Plan Limits for 2021
The Internal Revenue Service (IRS) has set inflation-adjusted limits for IRAs and company-sponsored retirement plans for 2021. While some of the contribution limits have remained the same, other limits important to determining the amount you can save have changed. The basic salary contribution limit for a 401(k) and similar company-sponsored retirement plans remains the same […]
HTC Team News and Honors
Dustin Sobolik recently earned his Certified Financial Planner (CFP) designation. Dustin completed a course of study that encompasses a variety of topics relating to financial planning, including estate planning, insurance, taxes, retirement accounts. The most important aspect of a CFP is that Dustin has a fiduciary duty, which means he must make decisions with his […]
Meet Ethan Linder
Meet Ethan Linder Ethan is one of our newest employees, having joined the team less than five months ago. He is the administrative associate for Brian Halverson and Gary Hanson’s accounts. He assists them with keeping track of accounts and entering information into our database. Tell us about yourself. I grew up in Esko, Minnesota, […]
Balancing Work and Family
Adapted from Broadridge Investor Communication Services At one time, the typical American family looked like this: a breadwinner father who commuted a short distance to work and earned a very good living, and a stay-at-home mother who took care of the kids and family home with aplomb. Life seemed easy and manageable, with plenty of […]
30 Years: Our Core Culture Has Stayed The Same
Well, HTC has passed another milestone – 30 years. According to the US Bureau of Labor Statistics, it is still true that two out of three start-up businesses, with employees, will only last two years and about half of the remaining ones will last five years. I guess we can say we made it. With […]
What is a Trust Officer?
To understand who a trust officer is and what they do first requires that you understand what a trust is. Here’s a quick review: A trust is a vehicle used to hold property. A trust can hold the title to anything (like art, vehicles, and even pets!) but the most common assets in a trust […]
What’s the Deal With Interest Rates?
As I write this, I just got a mortgage for 2.75%, my student loans are about to get refinanced at 1.5%, and my auto loan is 0%. And as a consumer, you might think ultra-low interest rates are the greatest thing since sliced bread. That might be true for consumers, but for investors looking for […]
HTC Team News and Honors
Two new employees have joined our team. In September, Ethan Linder came aboard as an administrative associate on the personal account side. Ethan is a recent graduate of Concordia College where he obtained a bachelor’s degree in business administration and management and a minor in environmental studies. In his spare time, he enjoys going to […]
