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Solo 401(k) vs. SEP: Which is Best for Biz Owners?
Small business owners have several options to choose from when it comes to retirement planning. Traditional or Roth IRAs can provide a good start to saving for retirement, but successful business owners often need a plan that allows them to defer much larger amounts on an annual basis. SEP-IRAs were introduced as a way
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How Old National Bank Assists Migrants, Immigrants Getting Their Start in Chicagoland
By Eder Garcia Bautista | Old National Banking Center Manager, Melrose Park, Illinois I was born in Guatemala, and moved here when I was 12
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Can corporate well-being programs really help employees get healthy and reduce health care expenses?
We've all heard the adage, "No two snowflakes are alike." This rings true even for well-being programs and is a critical factor to consider when deciding what type of program is right for your employees. Every person is on a different journey to better health and well-being, and this is why generalized and oversimplifi
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If you lost your job and are struggling to make ends meet, it could be worth adding a note to your credit report
Your credit report is a snapshot of your finances, showing payment history and balances for all your past and current accounts. Whenever you apply for
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Before You Take on Holiday Debt, Do These Things
At this point, many people are downright consumed with holiday shopping. And if you have a giant list of gifts to tackle, you may be resigning yourself to closing out the season with a pile of credit card debt.
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4 Ways To Protect Your Retirement Income When Markets Are Volatile
If you’re worried about stock market volatility and how to protect your retirement savings so it lasts for the rest of your potentially long life, I have some advice for you: Don’t spend your retirement savings! Instead, use your savings to set up “retirement income generators,” or RIGs for short, to generate regular l
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Want To Reopen Your Company? Read This First
As businesses around the country once again open their doors, many leaders, employees, customers, and communities are asking themselves the same question: How can we reopen safely and successfully? First, it should go without saying: Businesses should only reopen if they can enact safety measures such as socially-dista
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3 Tips for Investing in Your 50s
The years in your 50s are pivotal ages on the road to retirement. At this stage of life, you may be making plans for how you'll spend your senior years and when you'll close out your career. You might also be grappling with college tuition payments for your children or other expenses that eat up a lot of your income. T
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Equipment Finance: Understanding Licensing Obligations
COMMERCIAL EQUIPMENT lessors and finance companies face a web of state and federal laws applicable to various aspects of their business activities. In
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4 Things to Know: An Expert’s Guide to Preparing for Homeownership
These days, it’s hard to keep up on interest rate news. That often means it can be tough to tell how a fluctuating market could play into your bigger plans, like buying a home.