Archive for June, 2012

What is a trust?

June 29th, 2012 Bob Ross

A trust can be an invaluable asset if you are developing an estate plan or other special purposes. The terminology associated with trusts, however, can be complicated and bewildering. If you feel confused or are just looking for an introduction to the world of trusts, the following primer may be useful to you. What is […]

John Henk

Best financial advice I’ve ever received: John Henk

June 22nd, 2012 John Henk

Editors Note – this article is part of our series “Best financial advice I’ve ever received.”  People frequently ask bankers the best piece of advice they have ever gotten. So for this series, we’re asking MidWestOne employees to share the best money management tips they’ve ever gotten. One of the most important things to remember […]

Our favorite online financial tools

June 15th, 2012 madmin

The web is full of online tools that help you set a budget and track your spending and investments. Some help you determine how much you need to save for retirement or college, and others offer help when buying a home. What’s best is that many of these services are completely free. To help you […]

Infographic: Saving 101

June 11th, 2012 madmin

Saving, even a little over time, can really add up. Whether you’re saving for a down payment on a house, your dream vacation, retirement or just for a rainy day, no amount is too small. Consider this – simply setting aside $50 every month, you will save an extra $600 a year. MidWestOne’s Bank Your […]

Budgeting for baby

June 8th, 2012 Melisa Henley

Having a baby is a life-changing experience. In addition to all the joy and wonder, it brings with it a considerable impact on your family’s finances. Every year, the U.S. Department of Agriculture estimates how much families spend on children until they go to college. The latest report found that middle-class parents of a child […]

Sign up for a 401k

How to sign up for a 401(k)

June 1st, 2012 madmin

This material was prepared for Lee Curry, LPL Financial Advisor, use. As if starting your first job isn’t stressful enough, signing up for your first 401(k) can feel a little overwhelming. While some companies automatically enroll employees in their 401(k) plan, more than likely you’ll have to fill out some paperwork to participate. You’ll have […]