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Updates

Aug 21st, 2020

How the Indy 500 is Like Investing

Ed Snyder, CFP®­­, ChFC The Greatest Spectacle in Racing, the Indianapolis 500, returns to the Indianapolis Motor Speedway (IMS) this weekend for its 104th running. The 500 is normally held on the Sunday of Memorial Day weekend, but, like so many other events this year, was postponed because of COVID-19. I’m a big fan of … more »
Apr 1st, 2020

Understanding the New CARES Act

On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) into law. The CARES Act has been enacted as a direct response to the COVID-19 pandemic and is intended to provide immediate and ongoing economic relief to individuals and businesses affected by the crisis. The following Q&A … more »
Mar 9th, 2020

Coping With Financial Anxiety in Uncertain Times

As news of the coronavirus continues to dominate the headlines and cause turmoil in the markets, it’s understandable that you may be concerned about your portfolio. Financial anxiety can have a profound impact on your quality of life—so we thought we’d share some tips to help you minimize stress during these uncertain times: Focus on … more »
Oct 29th, 2019

HRA vs. HSA Calculator

One key decision for Lilly employees during open enrollment is what health insurance plan you will use next year. You can choose from the HRA (Health Reimbursement Account) or the HSA (Health Savings Account). These two plans are very much the same in what they cover. The differences are in the premium, deductibles and out-of-pocket … more »
May 23rd, 2019

How the Indy 500 is Like Investing

Ed Snyder, CFP®, ChFC The Greatest Spectacle in Racing, the Indianapolis 500, returns to the Indianapolis Motor Speedway (IMS) this weekend for its 103rd running. I’m a big fan of the race, the history of the race and the track itself. Just as I’m a student of the history of the track, I’m also a … more »
Mar 1st, 2019

What Are Restricted Stock Units and What Do I Do With Them if I Receive Them?

Ed Snyder, CFP®, ChFC Over the last couple of weeks, many Lilly employees have received shares of Lilly stock from Restricted Stock Unit (RSU) awards. Often-times we find confusion among people about what exactly Restricted Stock Units are and what people need to do with them. RSUs are not like stock options that were much … more »
Oct 17th, 2018

HSA or HRA?

Eli Lilly employees – It’s open enrollment time. One area I urge you to pay special attention to is your health insurance election. All year long I talk to people about the value of using a Health Savings Account (HSA) for health insurance. The problem is that you only have three weeks (October 15 – … more »
Oct 12th, 2018

Our Thoughts on the Market

The stock market was down 5% over the last two days measured by the S&P 500 and it’s a good reminder that markets go down. Sometimes we can get lulled into forgetting how normal market declines are. I don’t know where it goes from here. We can’t predict the future. We can only prepare. This … more »

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