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Total: 24 results found.

How to Reduce Income Taxes on a Severance Package

Created on Friday, 10 February 2017. Posted in content/blog

... income tax. With a large amount of money like this received in one year, especially if combined with other income earned during the year, you can easily find yourself in a higher tax bracket as a result ...

15 Things to do When You Lose Your Job

Created on Monday, 09 January 2017. Posted in content/blog

... all sources of income and expenses. Cut all unnecessary expenses, as you don't know how long it will be before you're employed again. Prepare a budget for at least the next 6-12 months. 5. SEEK OUTPLACEMENT ...

You Can't Use Your Cell Phone When You're Dead

Created on Wednesday, 21 September 2016. Posted in content/blog

... insurance. What happens when 48 year old dad passes away unexpectedly leaving mom and three kids? Where are they going to get the money to replace the income he earned? Where's the money coming from to ...

Comparing the Clinton and Trump Child Care Plans

Created on Monday, 19 September 2016. Posted in content/blog

... would be available for up to four children or elderly dependents. Anyone earning less than $250,000 would be eligible ($500,000 for married couples) Lower-income families that don’t pay any tax could ...

In The News

Created on Thursday, 13 August 2015. Posted in content/resources

...  FoxBusiness.com, June 15, 2015: 7 Best Ways Retirees Can Boost Their Income                 http://www.foxbusiness.com/investing/2015/06/15/7-best-ways-retirees-can-boost-their-income/ ...

How Long Do I Need to Keep My Tax Documents?

Created on Thursday, 07 May 2015. Posted in content/blog

... of income, deduction or credit shown on your tax return until the period of limitations for that tax return runs out. The period of limitations is the period of time in which you can amend your tax ...

Spring Forward and its Powerful Effect on Your 401(k)

Created on Thursday, 12 March 2015. Posted in content/blog

... add up to $2,500 per year. A contribution increase would mean you decide to contribute a larger percentage of your income. Because most companies do not offer pensions anymore and you cannot rely on ...

Two Things You Must Do With Your 401(k)

Created on Thursday, 05 March 2015. Posted in content/blog

... in the Roth 401(k), you should also consider establishing a Roth IRA as soon as possible either through contributions or a conversion if ineligible to contribute due to the income limits.  ...

How Do I Claim My Tax Credit For My 529 Contributions?

Created on Sunday, 01 March 2015. Posted in content/blog

Indiana residents who contributed to the CollegeChoice 529 last year need to remember to claim the tax credit on their 2014 Indiana income tax return. It is important to remember to claim the credit ...

Four Things You Should Do When You Receive Lilly Equity Awards

Created on Thursday, 26 February 2015. Posted in content/blog

... their job and income. Equity awards are a valuable part of your compensation. Treat them as such and take the time to make sure that you are making the best decisions so that they can provide you and ...

HSA Can Double as a Retirement Account

Created on Thursday, 31 October 2013. Posted in content/blog

... use an HSA to supplement your nest egg.  Even in retirement, you can tap the funds tax-free for medical needs. And starting at 65, you can withdraw penalty-free for any reason, though you'll owe income ...

Eli Lilly 401(k) Changes Effective July 1

Created on Monday, 10 June 2013. Posted in content/blog

... Equity – Active, International Equity – Index, Real Assets, Fixed Income – Active. The Lilly Stock Fund, Self-Directed Mutual Fund Window, Stable Income – Active and Target Date Portfolios will not change. ...

Lilly 401(k) Plan Changes

Created on Tuesday, 04 December 2012. Posted in content/blog

... account assets. Any money transferred out of the Stable Income investment, must be invested in an investment other than the self-directed account for a minimum of 90 days after the transfer. What ...

Is America Prepared to Retire?

Created on Thursday, 16 February 2012. Posted in content/blog

... plan? After all, Americans of all incomes and savings levels certainly are free to set financial goals. In the survey, the reasons varied. Some cited the expense of engaging a financial advisor; some said ...

Lilly Adds Roth 401(k) Option

Created on Sunday, 15 January 2012. Posted in content/blog

... the pretax portion of your 401(k). This is a great opportunity for those whose income prevents them from making a Roth IRA contribution.  If you have questions or want to discuss whether this is ...

Workshops for Eli Lilly employees

Created on Tuesday, 04 October 2011. Posted in eli lilly/employees

... I may be too heavily weighted in Eli Lilly stock in my 401(k). What, if anything can I do about it? How can I receive monthly income from my retirement account prior to age 59 1/2 without penalties? ...