What’s Your Risk Tolerance?

Investing always involves a degree of risk. If you plan to buy securities such as stocks, mutual funds, ETFs, or bonds, it is important to realize you could lose some or all of the money you invest. Finding an investment profile that fits your risk tolerance while still allowing you to reach your goals can be a challenge, but it’s not impossible. The first step is finding out what type of investor you are.

Broadridge Investor Communication SolutionsWhat’s Your Risk Tolerance?
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Meet Bre Smith

Bre Smith is an administrative associate who supports the trust administration side of HTC. She is the most recent addition to HTC, and we are excited to have her on the team.

Tell us about yourself.

I grew up in Vermillion, South Dakota, and attended college at St. Cloud State University and South Dakota State University. My husband and our two girls just moved to Fargo from Pierre, South Dakota, this spring. Prior to joining HTC, I worked in the trust department of a bank for four years.

Heartland TrustMeet Bre Smith
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Will Medicare alone be enough to cover my healthcare needs in retirement?

No. Medicare coverage comes with deductibles and significant co-payments or coinsurance costs for many types of treatments, including hospitalizations. Typically, the deductible amounts are increased each year.

If you’re not prepared to pay these expenses out of pocket, you may want to consider a Medigap policy (a supplemental medical insurance policy). Medigap insurance policies are sold by private health insurers. These policies are standardized and regulated by both state and federal law.

Broadridge Investor Communication SolutionsWill Medicare alone be enough to cover my healthcare needs in retirement?
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Office Remodeling Project Complete

If you stopped by Heartland Trust Company this summer, you probably saw our mess. Our office underwent a full remodel, adding new carpet, paint, building updates, and several new offices to accommodate our growing staff. Half of the building was done at a time, leaving space at a premium at times. We pulled through and everything was done in about 12 weeks.

Heartland TrustOffice Remodeling Project Complete
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How often should I review my estate plan?

Although there is no hard-and-fast rule about when you should review your estate plan, the following suggestions may help:

  • You should review your estate plan immediately after a major life event.
  • You’ll probably want to do a quick review each year because changes in the economy and in the tax code often occur on a yearly basis.
  • You’ll want to do a more thorough review every five years.
Broadridge Investor Communication SolutionsHow often should I review my estate plan?
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A Simplified Mission

Our mission statement is clear and simple: “to provide a lifelong commitment to the well-being of those we serve.” Living out the spirit of that mission is more complex.

As a trust company, we offer guidance whether you are saving for retirement, living in retirement, or needing to follow a document after a triggering event occurs. That said, we know that each person has his or her own definition of well-being. We carefully listen to make sure we understand your definition.

Brian HalversonA Simplified Mission
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2018 Year-End Individual Tax Planning Guide

The end of the year is coming soon, which means it’s time to make any changes that might affect your 2018 taxes. The material below has been prepared for informational purposes only. All decisions regarding tax implications should be made in consultation with your independent tax advisor.

Maximize/Bunch Itemized Deductions

The standard deduction has increased to $12,000 for individuals/$24,000 for joint filers. Therefore, it may be advantageous to incur several years of charitable contributions, so that combined with other permitted itemized deductions, taxpayers may exceed the standard deduction.

Jan Nelson, Trust Officer2018 Year-End Individual Tax Planning Guide
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Upgrades to Your Online Account

We wanted to follow up on some information you may have received earlier this summer.

If you have a trust, agency, IRA, or investment account with Heartland Trust Company, you have the ability to access your account online. AccuNet, the vendor we use to establish this online account, has upgraded its website. In July, an email was sent prompting you to log into your account through the new site. This email is legitimate.

In that email, you were provided a link that takes you to the login page and instructions on how to access your account information.

Heartland TrustUpgrades to Your Online Account
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How can I crack down on robocalls?

You may not mind a robocall if it provides a helpful announcement from your child’s school or an appointment reminder from a doctor’s office. But sadly, criminals often use robocalls to collect consumers’ personal information and/or conduct various scams. Newer “spoofing” technology displays fake numbers to make it look as though calls are local, rather than coming from overseas. This can trick more people into answering the phone.

Robocalls have been illegal since 2009 (unless the telemarketer has the consumer’s prior consent). In mid-2017, federal agencies announced they are ramping up enforcement by fining violators and encouraging blocking technologies. What should you do if you want to help put an end to this nuisance?

Broadridge Investor Communication SolutionsHow can I crack down on robocalls?
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