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Total: 48 results found.

How to Invest My Lilly 401(k)

Created on Tuesday, 26 June 2018. Posted in content/blog

The income that you live off of during retirement will come from three sources; your Lilly pension, Social Security, and the money that you saved in things like your Lilly 401(k), IRAs and other investments. ...

What to do if Your Pension is Frozen or Terminated

Created on Thursday, 21 June 2018. Posted in content/blog

... not default. Assuming the pension plan remains in place, you do not have to worry about outliving your money. • Inflation – Most pensions, including the Eli Lilly pension, do not have a cost of living ...

Eli Lilly Employees: Got A Roth 401(k)? You Should Know This

Created on Wednesday, 21 February 2018. Posted in content/blog

Roth 401(k) withdrawals Qualified distributions from a Roth 401(k) may be taken tax free. A withdrawal is considered qualified when it is made after the account holder has attained age 59½ and a minimum ...

Important Things to Remember for VERP Participants

Created on Wednesday, 06 December 2017. Posted in content/blog

  CLICK HERE for a downloadable PDF of this article Congratulations on your acceptance to Lilly's Voluntary Early Retirement Program (VERP). To ensure a smooth transition for your retirement we ...

Why You Should Use the HSA Instead of the HRA in 2018

Created on Monday, 16 October 2017. Posted in content/blog

... options is in the health insurance plan that they choose. As an Eli Lilly employee you can choose from two plans; a Health Reimbursement Account (HRA) or a Health Savings Account (HSA). My experience has ...

Lilly VERP Analysis - Should I Stay or Should I Go?

Created on Monday, 18 September 2017. Posted in content/blog

... with them we can see how it fits in with their IPRO retirement plan. It can quickly be updated to see the feasibility of retirement with the VERP offer. While the Lilly VERP offer may look attractive, ...

Lilly HSA Plan Changes – Effective October 3, 2017

Created on Saturday, 09 September 2017. Posted in content/blog

Lilly has recently announced changes to the investment menu within the Health Savings Account (HSA). Effective October 3, 2017, all funds are moving from Class A to Institutional Class Shares. This ...

How to Reduce Income Taxes on a Severance Package

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

... for the future continued success of the business, many times companies lay people off. Among those companies recently is Eli Lilly. Unfortunately, these are the pressures of business, especially in a highly-competitive ...

Your Employer's Life Insurance May Not Be The Best Deal

Created on Friday, 02 September 2016. Posted in content/blog

... options. For instance, the Eli Lilly employees we work with are given two times their base salary in life insurance at no cost to them. That's a great deal, no doubt. They then have the choice of purchasing ...

In The News

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

... Won't Have to Cut Off in 20 Years Indianapolis Star, September 7, 2017: Lilly CEO: 3,500 Job Cuts Will Make Company Healthier  U.S. News & World Report, August 30, 2017: Invest to ...

Four Things Every Lilly Employee Should Know

Created on Thursday, 16 July 2015. Posted in content/blog

*Oaktree Financial Advisors is neither endorsed by nor affiliated with Eli Lilly We all have busy lives and because of that we all have things that we should be doing that don't get done. Even with ...

5 Places for Lunch for $5

Created on Tuesday, 05 May 2015. Posted in content/blog

... special Monday through Friday from 11am to 1pm that includes a slice of pizza for $2.75 and a $1.50 soft drink. You're out the door for under $5! If you work at Eli Lilly downtown, Bazbeaux Mass Ave location ...

Last Minute Tax-Deduction Tip for 2014

Created on Wednesday, 08 April 2015. Posted in content/blog

... of up to $1,000 for 2014. For Eli Lilly employees, Lilly makes a contribution to your HSA of $800 for employee only and $1,600 for employee + 1 or more. The maximum amount that can be contributed is ...

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

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

... will automatically raise your contribution percentage by a specified amount – often by 1%. We do a lot of work with Eli Lilly employees and Lilly offers an annual increase option in a percentage that the ...

Four Things You Should Do When You Receive Lilly Equity Awards

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

*Oaktree Financial Advisors is neither endorsed by nor affiliated with Eli Lilly If you are an Eli Lilly employee you have received your 2015 equity awards if you have any vesting this year.  ...

How to do Valentine's Day on a Budget

Created on Monday, 02 February 2015. Posted in content/blog

... Snyder, CFP, ChFC is co-founder and President of Oaktree Financial Advisors, Inc. Oaktree Financial Advisors, Inc. specializes in serving the financial needs of current and former Eli Lilly employees ...

Ed Snyder in the Wall Street Journal

Created on Monday, 10 November 2014. Posted in content/blog

*Oaktree Financial Advisors is neither endorsed by nor affiliated with Eli Lilly In this Wall Street Journal special feature, Ed discusses Oaktree's specialty in working with employees and retirees of ...