How and Why
Heartland Trust Company has served our clients for over 32 years. WOW! And we are just gettingstarted! It has been an exciting few months at Heartland. Our staff is growing and we are thrilled aboutupcoming advancements to our business. We will have more to share in our next newsletter.
Sticker Shock: Creative Ways to Lower the Cost of College
Even with all of your savvy college shopping and research about financial aid, college costs maystill be prohibitive. At these prices, you expect you’ll need to make substantial financialsacrifices to send your child to college. Or maybe your child won’t be able to attend the collegeof his or her choice at all. Before you throw […]
Practical Investment Considerations for Nonprofit Foundations and Endowment
Full disclaimer: this article is not all encompassing. You could write a long book on foundation and endowment investment management. This is a collection of thoughts and opinions about what I think foundation and endowment boards should consider. If you’ve ever met me, you know I’m both opinionated and long-winded. So, if you serve on […]
Lifetime Income Disclosure Regulation
Your 401(k) plan statement will look different in the near future. Why? A new regulation included in theSECURE Act, which was passed in December 2019, amended Section 105 of the Employee RetirementIncome Security Act.
Living For Today, Planning For The Future
Too often, the words “planning for your future” lead only to a conversation about retirement. In reality, the challenge we all face is balancing how to meet long-term financial goals with today’s expenses. Yes, you should participate in your employer’s retirement plan, and you should have an emergency fund, but how do you do that […]
Planning for Earned Income in Retirement Adapted from Broadridge Investor Communication Services
Adapted from Broadridge Investor Communication Services If you’re like a lot of people, retirement won’t be the world of gardening, golfing, traveling, and tennis you once envisioned. Rather, retirement will mean relaxing and working. Maybe you’ve retired from your “regular” job and started a business, or perhaps you want to work part-time to stay busy. […]
Is a Trust Right For You?
We have all heard the horror stories about families being torn apart after their parents pass away. Brothers, sisters, and long-lost family members who have spent years in court fighting over land, money, family heirlooms – big and small – and more. There will never be a family Christmas or birthday celebration together again. This […]
What is My Net Worth?
You probably know what net worth means, but do you know what your net worth is? Knowing this number can help you get a better picture of your financial situation. Remember: this number represents one moment in time, as your financial health is always changing. Simply stated, your net worth is the total of assets […]
All 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 […]
Retirement 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 […]
