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Total: 42 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

... to new employees and current employees may stop accruing benefits, but the plan continues to operate. You generally have to wait until retirement age to begin receiving benefits – either a lump sum or ...

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

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

... has increased to $500,000 for individuals and $1 million for married couples. With enactment of the act, fewer Americans will be subject to the AMT. Retirement recharacterizations. Beginning January ...

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

... HSA, but maybe you're not sure how it works or how to use it. HSAs are relatively complex and can be confusing. Is it affiliated with health insurance? Does it have anything to do with my retirement? Is ...

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 ...

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

... and rapidly changing industry like pharmaceuticals. A severance package is offered to help bridge the gap between employment or into retirement. The severance benefit offered to employees has generally ...

15 Things to do When You Lose Your Job

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

... even if it's outside the annual Open Enrollment Period. Learn more at healthcare.gov 8.  TAKE YOUR MONEY WITH YOU. Don't be too hasty in making decisions about your retirement plan distribution.  ...

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

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

... at age 55 to $1,848 per year, then $2,706 a year at age 60 until assumed retirement age 65. Assuming he's in good health, he can get the same amount of life insurance with an individual policy for $613 ...

In The News

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

... 2, 2018: Advisors Learn Lasting Lessons From Their Favorite Business Books Forbes, March 31, 2018: Are You Taking Too Much Risk With Your Retirement Money? MarketWatch, March 24, ...

Four Things Every Lilly Employee Should Know

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

... get to - retirement. You need to develop a plan to get there. Don't just throw money in your 401(k) and hope it all works out. 3. You Can Auto Increase Your 401(k) Every Year - It's easy to lose track ...

8 Money Rules for Newlyweds

Created on Friday, 15 May 2015. Posted in content/blog

... about your budget. Talk about the money and where it's being spent and what your plans are with your money. Discuss your short term goals like next year's vacation and your long term goals like retirement. ...

Six Smart Things to Do With Your Tax Refund

Created on Thursday, 30 April 2015. Posted in content/blog

... an additional $1,000. If your refund is the 2013 average of $2,696, you're halfway there. Life is expensive and retirement will be more expensive. Start saving yesterday! Start or add to an emergency ...

Four Things You Need to Know About Money

Created on Monday, 27 April 2015. Posted in content/blog

... have anything saved. Pay yourself first – Put money away before you spend. You can tell yourself you'll save what's left, but you won't do it. Make sure you're contributing to your 401(k) or other retirement ...

March Madness And The Importance Of Getting An Early Lead

Created on Thursday, 02 April 2015. Posted in content/blog

... early and often. It doesn't always work out that way. In saving for retirement the same can be said. You should start off saving early and often. Did you know that more than one third of adults say they ...

St. Patrick's Day and Three Things It Can Teach Us About Money

Created on Monday, 16 March 2015. Posted in content/blog

... money it won't matter. By pay yourself first I mean when you get your paycheck, before you pay any bills or do anything else, put money in your 401(k) or other retirement plan at work and into a savings ...

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

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

... spring forward your 401(k) contributions and increase the amount you are contributing. When was the last time you increased the percentage that you are contributing to your 401(k)? Work retirement plans ...