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Articles of Interest

Articles of Interest

No Beneficiary Designation. Who Gets The Money?

According to a recent Wall Street Journal article, retirement plans and IRAs account for about 60 percent of the assets of U.S. households investing at least $100,000.¹ Both state and federal laws govern the disposition of these assets, and the results can be complicated, especially when the owner of the account has been divorced and remarried. Therefore, it is important for plan fiduciaries ...

A New Administration in Washington: How Will Trump’s Policies Affect Taxes, Investments and the Markets?

Today is a historic day. Early this afternoon the 45th president of the United States was sworn into office. No matter your political stance and beliefs, it's undeniable that this unique and peaceful transfer of power every four years demonstrates the beauty and the grace of our democracy.  In a new white paper entitled "A New Administration in Washington: How will Trump's Policies Affect ...

Employers

No Beneficiary Designation. Who Gets The Money?

According to a recent Wall Street Journal article, retirement plans and IRAs account for about 60 percent of the assets of U.S. households investing at least $100,000.¹ Both state and federal laws govern the disposition of these assets, and the results can be complicated, especially when the owner of the account has been divorced and remarried. Therefore, it is important for plan fiduciaries ...

What Fiduciaries Can Learn from the LaMettry’s Collision, Inc. Case

Debbie Damberg and Tony Severson, two of 114 participants in the LaMettry 401(k) Profit Sharing Plan, filed a class action lawsuit against LaMettry’s Collision in May 2016. What made the 401(k) industry take notice? The plan’s investment value totaled less than $10 million. Historically, similar class action lawsuits have been considerably larger in asset market value. The Suit ...

HORAN’s New Tool Guides Employees Through Financial Stages of Life

Knowledge is power. No matter where your employees are in life, the more they know about handling their finances, the better chance they have of reaching their goals. Education is crucial to investment and retirement planning. HORAN Retirement Advisors meet one-on-one with employees to offer investment education and guidance. The HORAN Retirement Advisor education strategy ensures employees have t...

Bonfiglioli USA Partners with HORAN Retirement Advisors to Improve Employee Retirement Readiness

Bonfiglioli USA, the Kentucky-based subsidiary of Bonfiglioli Group, and a global leader in supplying cutting-edge utilityscale power conversion system solutions, has achieved incredible growth. The company’s profits skyrocketed from $3 million in 2002 to $142 million in 2015. In order to attract and obtain employee talent, Bonfiglioli USA works to make its employee benefits affordable and ...

Individuals

More Positive Economic Data Amid Fed Rate Hike

  A series of data releases last week continue to paint a picture of a broadly improving economy that likely contributed to the Fed raising short term interest rates and indicating that rate increases may accelerate in 2017. Jobless claims, inflation and builder sentiment reports all indicated positive trends on top of previous upward movements. First time unemployment claims fell 4,000 for...

HORAN Releases 2017 Tax Guide

The New Year is almost here which means a new set of tax rules and changes. HORAN publishes an annual Tax Guide to serve as a reference tool for key tax items. We hope this will be a useful resource for you throughout the new year. If you would like us to mail laminated copies for you or your colleagues, please do not hesitate to contact your HORAN advisor and we will be happy to ...