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Total: 49 results found.

How to Invest My Lilly 401(k)

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

... For most people, the 401(k) will be their largest asset to meet their retirement income needs, so it's important to take good care of it. The Lilly Employee 401(k) Plan offers seven investment options, ...

What to do if Your Pension is Frozen or Terminated

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

Steel monster- Terminator. Photo by Rostislav Kralik In 2017, only 16% of the Fortune 500 companies offered a traditional pension plan to employees, compared to 59% in 1998*. While the use of pension ...

How Investing is Like the Indy 500

Created on Friday, 25 May 2018. Posted in content/blog

... investors don't get too excited when things are going well, and they don't get down when things are going poorly. Instead, they stick to long-term plans that are built around their financial goals. The ...

Tax Cuts and Jobs Act of 2017: What Taxpayers Need to Know

Created on Friday, 26 January 2018. Posted in content/blog

... The act has increased the limitation to 60 percent of the taxpayer's AGI. Education planning. The act includes an expansion of 529 savings plans that allows families to save for K−12 expenses, in addition ...

Important Things to Remember for VERP Participants

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

... your income and whether you or your spouse are active participants in a qualified plan.  We recommend you discuss your specific situation with your advisor and/or tax professional. Retirement income ...

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

... They should look at how the offer fits in with their retirement income plan. Because we provide an Independent Professional Retirement Overview (IPRO) for our clients, when we discuss their VERP offer ...

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 ...

Eli Lilly Employee Voluntary Early Retirement Program (VERP) Decision

Created on Friday, 08 September 2017. Posted in content/blog

... to work. By continuing to work you would continue to contribute to the Lilly Savings Plan (401k), accrue additional pension benefits and earn credits towards retiree healthcare. You need to weigh if those ...

How Investing Should Be Like Summer

Created on Sunday, 09 July 2017. Posted in content/blog

... is informed by your financial plan. Your financial plan details your different financial goals – things like money for retirement, college expenses, replacing income if a spouse dies. If you have a financial ...

How to Reduce Income Taxes on a Severance Package

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

... Lilly, you can do non-payroll, after-tax contributions after you have left as long as you remain on a high deductible health plan. You could do this by continuation of your current Lilly health insurance ...

15 Things to do When You Lose Your Job

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

... not to take COBRA coverage, you can enroll in a Marketplace plan instead. Losing job-based coverage qualifies you for a Special Enrollment Period. This means you have 60 days to enroll in a health plan, ...

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

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

... way to wherever we're going in our car. So we have data plans and texting plans. According to a study by Cowen and Company the average cell phone bill is $120 - $148 per month. Now that's an average of ...

Comparing the Clinton and Trump Child Care Plans

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

... through their child care plans. Let’s take a high-level look at both. Trump’s Plan Parents could deduct the average cost of child care in their state, based on their child's age. The deduction ...

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

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

... around this fall don't just sign up again and forget it. Go ahead and sign up for as much life insurance as you can get. It's the foundation of your financial plan. But then compare it to what an individual ...

The Brexit is Breaking News

Created on Friday, 24 June 2016. Posted in content/blog

It's all over the news that the British have decided to leave the European Union. Don't let this breaking news break your plans. Markets don't like the unknown and how this plays out as far as Britain ...