Tax deferral on retirement savings eventually comes to an end. Those who are 73 and older this year must take Required Minimum Distributions (RMDs) from their qualified retirement plan accounts (IRAs, 401(k)s, SEP-IRAs, Simple IRAS, and similar retirement plans but...
read moreTake a good look at your surroundings and your daily routine. What’s working, and what isn’t? Here are some ideas for things you can do during January to set yourself up for success this year: Prioritize. Start each day by identifying your 3 most important tasks, and...
read moreThe end of the year can be a good time to review current investments and consider potential changes. One common topic is converting or rolling over a Traditional IRA to a Roth IRA. An experienced professional can be especially helpful when exploring these types of...
read moreArvest recently honored 142 teachers during the bank’s annual “We Love Teachers” initiative, which awards area educators $500 each to help with the purchase of school supplies. Teachers at K-12 public state-funded schools were selected by partnering with school...
read moreArvest has promoted Jill Rawls to sales manager for the bank’s Central Oklahoma region. Rawls, who began her banking career in 1993 with Arvest, has served in many capacities throughout the bank, including on the leadership team in the Shawnee market and most recently...
read moreAs the seasons change and new routines begin, many consumers will turn their spending towards the holiday season. Whether online shopping or purchasing in-store, it is important to keep your debit and credit card information secure. Do you know what fraud looks like...
read more“If it’s too good to be true, it probably is.” When it comes to banking “hacks” on social media, this phrase should be a guiding principle. Earlier this fall, the internet was inundated with videos claiming to help people get “free money” from their local ATM....
read moreBy Shreni Gandhi, underwriting manager Over a billion people across the globe celebrate Diwali (Dee-va-li), a festival of lights observed in India and its diaspora. I am proud to be part of that billion people’s representation. Diwali is called the Festival of...
read moreHealth care is an often overlooked aspect of retirement planning, yet it is one of the most financially influential. Some may assume that Medicare will cover all medical costs. The truth is, for most people, healthcare costs not covered by Medicare during retirement...
read moreThe Retirement “Zone” If you’re considering retirement within the next five years or so, you’re in the retirement “zone.” This is a critical time period during which you’ll be faced with a number of important choices, and the...
read moreFraud is an ever-evolving threat, adapting with technology and finding new ways to exploit individuals and organizations. Understanding the latest trends in fraud and knowing how to protect yourself is crucial in this digital age. Here, we explore some of the newest...
read moreAuthor: Justin Luebker, Executive Director of Talent Management Never stop learning. This mantra has guided me throughout my career and is one I share often. I am fortunate that Arvest is an employer who deeply values this. It’s important for companies and...
read moreJared Turnbull has been promoted to Loan Manager for the bank’s Joplin Region. Turnbull, who has been with Arvest since 2013, had served as the bank’s senior commercial banker in Pittsburg, Kansas. He also previously served as Community Market President in Pittsburg....
read moreSelecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With retirement benefits, you need to know the impact of income tax and estate tax laws in order to select the right beneficiaries....
read moreArvest has named Richard Winesburg as president for the bank’s Joplin market. He replaces Chad Evans, who was named president of the bank’s Benton County market. Winesburg had served as loan manager for the bank in Joplin since 2017. He began his career at Arvest in...
read moreWhy did you purchase life insurance? Most people buy life insurance to provide a source of income for someone (e.g., a spouse, parent, or child) after they pass. Buying the policy was the first step. Now you’ll need to do a little more work to help the money you...
read moreWhat is Authorized Push Payment(APP) Fraud? Authorized Push Payment Fraud is a type of fraud that occurs when the victim is persuaded – usually through social engineering scams – into transferring money to fraudsters. Typically, the fraudsters will...
read moreEffective cash flow management – knowing how much cash is coming in and going out – is critical for the success of small businesses. With regular forecasting and tight monitoring of expenses, entrepreneurs can ensure that their business has enough cash on hand to meet...
read moreIf your employment situation changes, you may wonder what to do with your retirement savings at your previous employer. In fact, you have a variety of options when it comes to taking distributions from your employer-sponsored retirement savings plan. This may be a...
read moreYour emergency fund has been established, and you’ve accumulated enough savings to warrant thinking in terms of an investment portfolio. What’s the next step? There’s the DIY approach, where you have an idea of the strategies and rules of the industry and you make...
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