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Investment Options

Heartland Investment Options

U.S. Government Securities

Guaranteed by the full faith and credit of the U. S. government, Treasury securities are recognized as the safest investment available. Interest income from Treasuries is exempt from state and local income taxes. The difference between bid and offer prices is usually narrower than other securities, making most Treasury issues easy to purchase and sell. Treasury securities usually offer lower rates than other securities because of the lack of default risk.

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Corporate Bonds

Corporate bonds are debt obligations issued by corporations to fund capital improvements, expansions, debt refinancing or acquisitions requiring more capital than ordinarily available from a single lender. Corporate bonds are fully taxable. As an investor, you lend money to the corporation issuing the bond in exchange for interest payments and repayment of the principal based on a set maturity date. Historically, corporate bonds have been one of the highest yielding taxable debt securities.

» Learn more about bonds

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Municipal Bonds

A state, city, or local government issues municipal bonds. Municipalities issue bonds to raise capital for their day-to-day activities and for specific projects such as schools, roads, sewers, hospitals and highways. Interest income on municipal bonds is generally exempt from federal tax. If an investor who is a resident of the state of issuance holds the bonds, interest income may also be exempt from state and local income taxes. Tax-free municipal securities are usually inappropriate for accounts with tax advantages such as IRA’s and other retirement accounts.

» Learn more about bonds

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Brokerage Accounts

By opening a brokerage account at Infinex Investments, Inc. located at Heartland Bank, you can trade listed and OTC (over-the-counter) equities as well as bonds and government securities. Trade clearing is through Pershing, LLC. Account features include:
  • Quick, accurate and reliable clearing
  • Competitive commission charge
  • Pershing is a member of the New York Stock Exchange
  • Established in 1939, Pershing, LLC is one of the nation's largest clearing firms
  • Online account access and trading
  • Wrap-free schedules
  • Competitive prices when buying and selling
  • Full services and competitive rates

Additional Specifications & Fees

  • Transaction fees for each trade
  • Yearly inactivity/custodial fees
  • Miscellaneous fees for wire transfers, research, etc.
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529 College Savings Plans

A 529 plan is a tax-advantaged savings plan designed to encourage saving for future college costs. Investment options include stock mutual funds, bond mutual funds, and money-market funds, as well as age-based portfolios that shift toward more conservative investments as the beneficiary gets closer to college age. Earnings in 529 plans are not subject to federal tax and in some cases state tax, if you use withdrawals for eligible college expenses. Account features include:
  • High annual contribution limits
  • No family income restrictions
  • Family and friends can contribute
  • Transferable between siblings/relatives
  • Choice of Investment Options
  • Gift contributions up to $60,000 ($120,000 per couple) don't trigger federal gift tax

Additional Specifications & Fees

  • Minimum opening deposit of $100 OR $50 monthly with automatic transfer
  • Annual mutual fund management fees apply
  • There is no guarantee that there will be any particular level of return and it is possible to lose money in a plan including the principal amount invested. The in state plan offers tax advantages not available in the out of state plan

529 plans are sold by offering statement. Carefully consider the investment objectives, risks, charges and expenses of a sub account before investing. This and other information is contained in the offering statement available from your registered representative. Read the offering statement carefully before investing.

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Coverdell Education Savings Accounts

The Coverdell Education Savings Account empowers you to plan for your children’s education and future. You can invest in a wide variety of securities, such as stocks, bonds, options, and mutual funds. Earnings and distributions from an Education Savings Account are tax and penalty free, provided the funds are used for qualified elementary, secondary, or higher education expenses and the withdrawal does not exceed the child’s education expenses for that year. Account features include:
  • Contributions are made on an after-tax basis
  • The contribution deadline is April 15th of the following calendar year
  • The maximum contribution is $2000 per year until the child’s 18th birthday (subject to restrictions)
  • Friends, family and the child for whom the account is being established can all contribute to an Education Savings Account

Additional Specifications & Fees

  • In addition to qualified higher education costs, such as tuition, fees, books, supplies, and equipment, eligible expenses include qualified elementary and secondary education costs, including tuition, tutoring, books, supplies, uniforms, transportation, and even computer equipment (subject to certain limitations).

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Fixed Annuities

An annuity is a financial contract between you and your life insurance company. You put money into an annuity and, in exchange, the company agrees to pay you an income in the future. During the “accumulation period” (usually your working years), you put money into the annuity in a series of payments or a lump sum. That money grows tax-deferred. Then, during the “payout period” (usually when you retire), you receive the money you’ve put in, along with the earnings. Part or all of that money will be taxable, and if you are under 59 ½, may be subject to an additional 10% IRS penalty. Annuity contracts may contain charges and investment penalties that could impact your principal.

A fixed annuity gives you the stability of a fixed interest rate that is determined by the company and is guaranteed never to be below a minimum interest rate. It can guarantee a stream of fixed payments over the life of the annuity. A fixed annuity can be a deferred annuity, for which there is time elapsed between the purchase payment and the stream of payments or an immediate annuity, which gives you access to a stream of income immediately after you purchase it. Account features include:
  • Tax deferred earnings
  • No up-front sales charges
  • Death Benefit
  • Competitive rates
  • Avoid probate
  • Term length options

Additional Specifications & Fees

  • Withdrawals adversely affect current and future policy values. Surrender periods and charges apply.

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Variable Annuities

An annuity is a financial contract between you and your life insurance company. You put money into an annuity and, in exchange, the company agrees to pay you an income in the future. During the “accumulation period” (usually your working years), you put money into the annuity in a series of payments or a lump sum. That money grows tax-deferred. Then, during the “payout period” (usually when you retire), you receive the money you’ve put in, along with the earnings. Part or all of that money will be taxable, and if you are under 59 ½, may be subject to an additional 10% IRS penalty. Annuity contracts may contain charges and investment penalties that could impact your principal.

A variable annuity is a deferred annuity that allows you to participate in the investment of your annuity funds by selecting the series of accounts that your purchase payment will be invested in. You assume the risk for your money, not the insurance company. That risk includes fluctuating values and possible loss of principal, but also has the potential for greater growth than a fixed annuity. Account features include:
  • Variable Annuities are sold by prospectus
  • The growth of your money depends on the performance of your portfolio
  • Variable annuities allow for flexible premiums and single premiums

Additional Specifications & Fees

  • Withdrawals adversely affect current and future policy values. Surrender periods and charges apply.

Carefully consider the investment objectives, risks, charges, and expenses of a sub account before investing. This and other information is contained in the product and sub account prospectus available from your registered representative. Read the prospectus carefully before investing.

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Mutual Funds

A mutual fund is an investment company – a company that makes investments on behalf of individuals and institutions who share common financial goals. Mutual funds offer investors a simpler, more convenient and less time-consuming method of investing in a portfolio of securities (like stocks and bonds) than trading them individually. Through mutual funds you can delegate investment decisions to professional money managers – decisions as to which securities to hold, when to buy and when to sell. Also, as an investor in mutual funds, you can access a broader diversity of securities than you could if investing on your own. Diversification does not guarantee a profit or protect from loss in a declining market.

Mutual fund investors select and invest in a fund with an investment objective that most closely matches their own. The fund pools the money with that of other shareholders who have similar objectives. Professional money managers then use the pool to buy a wide range of stocks, bonds, or money market instruments that will help you achieve your investment goals. As an investor in a mutual fund, you are buying shares of the fund. Each share represents ownership in all the fund’s underlying securities. Account features include: 
  • Blendable, low-cost portfolios to fit individual investor goals, time frame and risk tolerance 
  • Diversification
  • Risk Management
  • Choice of sales charge schedules
  • Taxable or tax-free funds individual investor goals, time frame Some municipal funds are subject to state or local taxes 
  • Over forty (40) fund families to choose from 
  • Exposure to many investment areas at relatively low cost
  • Easy to modify a portfolio as investment needs change

Additional Specifications & Fees

  • Opening deposit and contribution requirements are minimal.
  • Fees and expenses apply to mutual funds

Investors should carefully consider the investment objectives, risks, charges and expenses of mutual funds. This and other important information is contained in the prospectses, which can be obtained from your financial professional and should be read carefully before investing.

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Life Insurance

Life insurance is financial security that can help replace a lost income and help family members or business partners in the event of the death of a wage earner. A life insurance policy is a contract between the issuing insurance company and the owner, that provides a death benefit to the policy’s beneficiaries. Proceeds are paid (typically income tax-free but estate taxes may apply) directly to the beneficiaries avoiding the expense and delay of the probate process.

Term Life Insurance allows you to purchase coverage for a specific period of time, usually for the smallest premium. (Terms are generally 10, 15, 20 or 30 years). Once the term period ends, you can elect to continue coverage at a new rate.

Universal Life (UL) policies provide a flexible premium, giving you greater control over your policy’s account value. These plans are sometimes referred to as permanent insurance because the coverage remains in effect until the death of the policyholder. There is also a cash accumulation feature on universal life policies, from which you can withdraw or borrow money.

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Long Term Care Insurance

Long-term care insurance is designed to help create a safety net of security if you are no longer able to care for yourself at some point during your life. If you suffer from a prolonged illness, disability, or cognitive disorder, long-term care insurance can help provide financial support when you need it most. Long-term care insurance provides for several different types of care in a variety of settings. Additional benefits (e.g., meal services, transportation, etc.) may also be available, depending on the type of coverage you select.

Neither traditional medical insurance nor Medicare pays for most of these services, and Medicaid does not pay unless the individual qualifies for welfare assistance.

Long-term care insurance can help protect your financial security. You can avoid relying on family or friends for support. You can also choose the care you need and prefer, including care in your own home.

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Traditional & Roth IRA’s

There are two types of IRA’s, Roth and Traditional. Both types help you save for retirement and offer tax benefits.

Roth IRA’s offer federally tax-free growth and penalty free withdrawals (restrictions for withdrawals apply). There are income and eligibility requirements. There are no age restrictions on a Roth IRA as long as you are receiving compensation from employment. You can contribute to both a 401(k) and an IRA. A non-working spouse can open a Roth IRA if they file a joint federal income tax return (contribution limits apply). A Roth IRA has income limits for making a contribution. Individuals age 50 or older (in the calendar year of their contribution) can make catch-up contributions of an additional $1000 per year.

Traditional IRA’s may allow you to deduct your contributions on your income taxes now and defer the taxes until you make qualified withdrawals when you retire. There are no income eligibility limitations. Individuals under age 70 ½ who receive employment compensation are eligible to contribute to a traditional IRA. You can contribute to both a 401(k) and an IRA. Individuals age 50 or older (in the calendar year of their contribution) can make catch-up contributions of an additional $1000 per year.

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SIMPLE IRA’s, SEP IRA’s, 401(k) Programs and 403(b) Plans

If you are self-employed or a small business owner the professionals at Heartland Investment Services can help you with your retirement planning needs. In addition to saving money toward your retirement and providing potential tax advantages, you will have an important benefit to offer current and future employees.

SIMPLE IRA’s are designed for businesses with 100 or less employees who do not currently maintain any other retirement plan. A SIMPLE IRA offers a salary deferral plan with less administration and a full range of investment choices. Contributions can be made by both the employee and the employer (contribution limits apply). Withdrawals can be made at any time, but penalties may apply. SIMPLE IRA’s are available to sole proprietors, partnerships, C Corporations and S Corporations. Plans must be established by October 1.

SEP IRA’s are designed for self-employed individuals or small business owners. Including those with employees. A SEP IRA offers flexible annual funding requirements and a full range of investment choices. Contributions are funded entirely by employer contributions (contribution limits apply). Withdrawals can be made at any time, but penalties may apply. SEP IRA’s are available to sole proprietors, partnerships, C Corporations, and S Corporations. Plans must be established by the employer’s tax filing deadline, plus extension (usually April 15).

401(k) Plans are available to any type of public or private company. A 401(k) plan offers flexibility, administrative services and a full range of mutual fund choices. Contributions are funded by employee contributions (pre-tax) and employer contributions (contribution limits apply). Withdrawals can be taken under certain circumstances such as turning age 59 ½, disability, and/or plan termination. Hardship withdrawals may be available but are subject to a 10% penalty if you are under age 59 ½. Loans may be available. Deadlines for plan establishment are based on plan selection.

403(b) Plans are available to employees of educational institutions and certain non-profit organizations as determined by section 501(c)(3) of the Internal Revenue Code. Contributions are funded by employee contributions (pre-tax) and employer contributions (contribution limits apply). Withdrawals can be taken under certain circumstances such as turning age 59 ½ and disability. Hardship withdrawals may be available but are subject to a 10% penalty if you are under age 59 ½. Loans may be available. Deadlines for plan establishment are based on plan selection.

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Business Retirement Plans

Heartland Investments offer a variety of defined contribution retirement plans that business owners can implement for themselves and their employees. Programs include: Profit sharing, Money purchase plans, 401(k) plans, 403(b) plans, TSA, 457 Plans, Simplified Employee Pension Plans, Simple IRA and Simple 401(k). These contributions to thsese plans are pre-tax and the earning growth tax-deferred.

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If you would like to arrange for a free financial consultation or have any questions, please contact (614) 839-2265 or if you prefer to be contacted, click here.

Investors should carefully consider the investment objectives and risks before investing. To obtain more information, please contact your Heartland Investment Service Representative.

Disclaimer: Investment and insurance products and services offered through INFINEX INVESTMENTS, INC. Member FINRA / SIPC. Heartland Investment Services is a subsidiary of the bank. Infinex is not affiliated with either entity. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.

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