General

Redefining ‘Success’ for Business Owner 401k Plans

September 19th, 2018|

By Edward “Ed” V. O’Neal, Vice President and Manager, Retirement Plans

Business Owners are starting to redefine what means to have a successful 401k plan.  For many years, the primary metric for a successful plan was the level of employee participation in the plan (i.e.  how many employees contributed to the 401k plan).  However, increasingly, providing […]

Gifting Strategies for Grandparents

September 13th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

Nothing compares to the joy of becoming a grandparent and seeing your children have children.  Sunday was National Grandparents Day, a day to honor and celebrate the special family relationship between a grandparent and grandchild.

Grandparents often have a desire to help their grandchildren financially.  […]

Using Life Insurance to Fund a Cross-Purchase Buy-Sell Agreement

September 12th, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

Often, small businesses struggle, and in some cases, go out of business when an owner dies. In addition, many businesses experience a decline in employment and sales for many years after that key owner passes away.  For these businesses, funding a buy/sell agreement with life insurance […]

Avoid Tax Surprises This Year: Better Charitable Deductions. . . if You Itemize

September 6th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

(Part 3 of a 4-part series)

Tuesday, we reviewed the importance of checking your withholding to make sure you are not over/under-withholding due to the tax law changes this year.  Yesterday, we focused on how state and local tax deductions have been limited under the […]

Succession Planning for Your Business

September 5th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

If you have built or maintained a business in your professional life you may feel like that business is one of your children.  That said, what are you going to with that “business child” when it’s time for you to slow down or step […]

Responsible Investing

August 3rd, 2018|

By Thomas Hudson, Advisory Investment Analyst

There has been an increasing movement within the financial industry in the form of Responsible Investing. Responsible investing is more than making sure your investments are financially stable. Responsible Investing deals with the moral and encompassing acts of human rights and how a company acts in the capacity of bettering […]

Summer Savings Strategies: Guard Yourself Against Identity Theft

July 25th, 2018|

By Jennifer Rigdon, Vice President and Manager, Corporate Communications

An unfamiliar bill. A call from a bank asking about unknown charges. These are signs that your identity may have been stolen. Take these steps to protect yourself:

Purchase and start using a cross-cutting shredder.
Don’t respond to e-mail, text or phone messages from organizations you don’t […]

The Importance of Defining Investment Objectives for Nonprofit Organizations

July 19th, 2018|

By Nick Frigerio, Planning and Research Associate

Running a nonprofit organization means running a business; and businesses need operating capital and sustainability. All nonprofits have a core mission at the forefront of everything they do for the communities they serve. They have a unique responsibility to invest funds originating from donors with a passion for the […]

Nonprofit Retirement Plans Continue to Evolve

July 12th, 2018|

By Edward “Ed” V. O’Neal, Vice President and Manager, Retirement Plans

Retirement plans for nonprofit and tax-exempt entities (particularly 403(b) plans) have historically lagged behind the business owner retirement plan market in terms of modernizing their plan provisions and features.  Traditionally, nonprofit and tax-exempt employers have been uncomfortable with change; at least in comparison to their […]

Summer Savings Strategies: Keep Your Assets Tax Diversified

July 11th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

When you retire, your savings and investments will likely become a primary source of income. Did you know that how your retirement income is taxed is impacted by both the type of investments and the type of accounts the income is taken from? For […]