HTC Team News and Honors
We have celebrated two promotions this year. Jana Samek was promoted to Vice President/Director of Retirement Services. Dustin Sobolik was promoted to Vice President/Director of Investments. Congratulations Jana and Dustin! HTC team members enjoyed a St. Patrick’s Day Crawl through our office to celebrate the March holiday. We enjoyed stops at: Heartland has some of […]
Meet Maureen Jelinek
Maureen Jelinek joined Heartland in December as our Executive Vice President / Chief Operating Officer. She has already become a cherished team member. She has extensive experiences in the financial industry – and you won’t want to miss her recipe for Green Enchilada Chicken Soup. Tell us about yourself. I am originally from Grand Forks. […]
Roth vs. Pre-Tax Contributions
Roth in Retirement Accounts “What’s the difference between pre-tax and Roth?” This is one of the most common questions I receive when working with employees enrolling in a 401(k) plan. The decision to make either type of contribution to your retirement account (whether it is an IRA, 401(k), 403(b), etc.) is a complex decision that […]
A New Year
Last year was unique on many levels. The stock and bond markets had some of their worst years on record. Interest rates hit a 12-year high and the job market saw a lot of movement while unemployment remained low. It was a stressful and confusing year but, like all bad things, it came to an […]
2023 Retirement Plan Updates and SECURE Act 2.0
The end of 2022 brought several noteworthy changes to retirement savings plans. The changes are intended to have positive impacts on the ability to save for retirement and will have lasting impacts on the retirement savings industry in America. In October of 2022, the Internal Revenue Service (IRS) set the 2023 salary contribution limits for […]
HTC Team News and Honors
• Our team continues to grow. We are excited to announce the following promotions and new hires. Jana Samek was promoted to Director of Retirement Services. We recently welcomed two new employees to our team: Jennifer Schmidt, Administrative Associate-Personal Trusts; and Maureen Jelinek, Chief Operating Officer • We enjoyed participating in the 22nd annual Festival […]
Meet: Tim Rensch
Tim Rensch joined us in July as our Retirement Services Relationship Manager. He likes to spend time outside and read – and he’s already become a valuable part of our team. Tell us about yourself. I am a native of Garrison, North Dakota, and moved to Fargo in 1993 to start college at North Dakota […]
2022 Market Review and Outlook for 2023
The economic and investment landscape for 2022 was memorable – and not in the way most of us want to remember. Despite the increased optimism from investors as we rolled into 2022, the S&P 500 finished the year down 18.13%. The U.S. bond market, normally a safe haven when equity markets fall, posted returns of […]
On a Mission
Most businesses have a mission statement that guides them in their day-to-day responsibilities and directs their decision-making process. Think of it as how a business speaks to the purpose and understanding of what they do. Heartland Trust Company’s mission is “To provide a lifelong commitment to the well-being of those we serve.” It’s intended […]
Year-End Tax Planning
Adapted from Broadridge Investor Communication Services As the end of the year approaches, it’s time to consider strategies that could help you reduce your tax bill. But most tax tips, suggestions, and strategies are of little practical help without a good understanding of your current tax situation. This is particularly true for year-end planning. You […]
