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How Much Do You Know About Credit?

Submitted by MidWestOne Investment Services on February 23rd, 2021

In 2020, the average FICO score in the U.S. rose to 711, an eight-point increase from 2019.1 When it comes to having healthy credit, your score is the result of many factors. But what specifically goes into someone's credit report, and what steps can you take to improve your credit?1 Test your credit knowledge with our quiz below.

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How Financial Asset Management May Help Investors Stay the Course

Submitted by MidWestOne Investment Services on February 23rd, 2021

Most people who decide to purchase stocks, bonds, mutual funds, or other investment vehicles do so understanding that there are risks associated with investing, but believing that the potential growth they may realize over time outweighs such risks.

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Four Key Ways to Build Your Credit

Submitted by MidWestOne Investment Services on February 23rd, 2021

If you're like many Americans, you may have a few dents and dings on your credit report.

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Re-thinking Your Bucket List

Submitted by MidWestOne Investment Services on February 23rd, 2021

When approaching the latter part of life, it is easy to get caught up in achieving every goal on your bucket list. Individual lists vary widely, but often are filled with wild adventures like skydiving and scuba diving in the Great Barrier Reef. Bucket list items are the things one plans to do their entire life once they have the time and money to do it.

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Assessing Your Retirement Resources

Submitted by MidWestOne Investment Services on January 27th, 2021

How resourceful can you be during your retirement? Determining where your retirement money will come from is an integral part of planning for retirement. Most people draw on three main sources of income: Social Security, employer-sponsored plans, and personal retirement savings. Each offers important resources that can help you fund the lifestyle you seek in retirement.

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Key Tax Deadlines for 2021

Submitted by MidWestOne Investment Services on January 27th, 2021

While the 2020 tax year saw some significant changes to filing deadlines due to the effects of the global pandemic, the 2021 tax season seems to be set to be on track with normal filing deadlines. With the pandemic still in sight, it is important to consider that these dates may be subject to change.

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Optimizing Required Minimum Distributions

Submitted by MidWestOne Investment Services on January 27th, 2021

 

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Tips for Tax Preparation

Submitted by MidWestOne Investment Services on January 27th, 2021

In 2020, the government gave taxpayers an automatic six-month extension due to the coronavirus. Individuals who were affected by the damaging wildfires were also given additional time to meet most tax deadlines. However, in 2021, the deadline for submitting your income tax return is likely to return to the regularly scheduled time slot on April 15.

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Tips for Organizing Your Financial Documents

Submitted by MidWestOne Investment Services on December 16th, 2020

In an increasingly paper-free society, organizing your financial documents can still be a challenge. No matter how simple or complex your financial picture might be, it takes some thought-out organization to keep your tax documents, service records, and paid bills in a format that will allow you to easily access information when you need it.

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Capital Gains for the 2020 Season Could be Huge

Submitted by MidWestOne Investment Services on December 16th, 2020

This year looks to be a record year for capital gain distributions

 

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