CARES Act Recap
Adapted from Broadridge Investor Communication Solutions The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. This $2 trillion emergency relief package represents a bipartisan effort to assist both individuals and businesses in the ongoing coronavirus pandemic and accompanying economic crisis. The CARES Act provisions for retirement plan […]
A Retirement Income Roadmap for Women
While everybody needs to plan for retirement, women often face special challenges when planning for this time of life. For one, their careers are more likely to be interrupted to care for children or elderly parents. Even if women stay in the workforce fulltime, they tend to earn less than men, on average. As a […]
How Often Should I Review Retirement
Adapted from Broadridge Investor Communication Solutions It’s generally a good idea to review your employer-sponsored retirement savings plan at least once each year and when major life changes occur. If you haven’t given your plan a thorough review within the last 12 months, now may be a good time to do so. Have you […]
HTC Team News and Honors
HTC Team News Missy Zarak has been promoted to the position of Trust Officer. Congratulations, Missy! Heather Jung joined Heartland Trust Company as a Retirement Services Administrative Associate. She brings over 13 years of experience assisting plan sponsors, financial advisors, and third party administrators with retirement plans. Shara Fischer, Relationship Manager, obtained her Chartered Retirement […]
Meet Gary Hanson
Meet Gary Hanson Gary Hanson is the senior vice president and a director at Heartland Trust Company. He has been an integral part of the growth and success of Heartland Trust over the years. While now enjoying a certain amount of “flex-time,” he continues to be in the office almost every day. What do you […]
Celebrating 30 Years: Part 2
Heartland Trust Company turns 30 this year, and we’ve accumulated a bit of history as we enter our fourth decade. Each quarterly newsletter this year will have a feature on one of our old locations. Shortly after Heartland Trust opened its doors for business at the same location as Busy Bubbles Car Wash & Laundromat, […]
Is Being Vulnerable a Weakness
Emotional Intelligence (EQ) is a hot topic in today’s business world, and rightfully so. It is your ability to express and control your own emotions and also your ability to understand and interpret other people’s emotions. Why is this so important, you may ask? Just watch an episode of The Bachelor or Bachelorette. Many of […]
The Importance of Annual 401(k) Census Information
Businesses that sponsor 401(k) plans are required to run annual compliance tests to ensure that their plan meets the regulatory requirements to maintain their qualified status. In order to run these tests, your Third Party Administrator (TPA) will request certain information from you such as a complete census file. This file includes important information on […]
SECURE Act Passed; Stretch IRAs Facing Elimination
Adapted from Broadridge Investor Communication Solutions On December 20, 2019, a $1.4 trillion spending package was enacted that included the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which had overwhelmingly passed the House of Representatives in the spring of 2019, but then subsequently stalled in the Senate. The SECURE Act represents the most […]
Celebrating 30 Years
Heartland Trust Company turns 30 this year. As we celebrate this milestone, we’ll include a feature on one of our old locations in each quarterly newsletter. Steve Halverson, chairman of the board and former president, was approved for a charter by the North Dakota Department of Financial Institutions in August 1989 to start an independent […]
