How Couples with an Age Gap Can Plan for Retirement January 29, 2019
From Humphrey Bogart and Lauren Bacall to Michael Douglas and Catherine Zeta-Jones, marriages with age gaps have transcended generations. In many marriages, spouses are aged one year apart or less. According to the 2013 U.S. Current Population Survey, this is true for roughly one-third of marriages. In around 10 percent of marriages, however, one spouse […]Continue Reading..
Forward Bank is Sharing the Love with Local Charities & Non-Profits January 24, 2019
Local charities are a key component in keeping our communities strong. They fill unique and important niches in helping us all with the educational, spiritual, cultural, social and health aspects of our lives. To provide a consistent donation stream for our local charities on behalf of our customers, we’ve created the Charitable Money Market Account […]Continue Reading..
How to Change Your Life Insurance Beneficiary January 16, 2019
If you have dependents, such as children or a nonworking spouse, you probably have a life insurance policy. We hope you do. But it is important to remember that as your life circumstances change, your policy needs to change as well. When you purchased a life insurance policy, you named at least one beneficiary (the […]Continue Reading..
Making Sense of Tax Deferral in Annuities January 3, 2019
Fixed annuities offer a guaranteed stream of income for a specified period of time or for life. One of the main benefits of these products is the way they are taxed. Specifically, money that you invest in an annuity grows tax-deferred until withdrawal. But why invest in an annuity instead of another tax-deferred vehicle, such […]Continue Reading..
Forward is Moving North December 27, 2018
On December 4, 2018, Forward Bank and First National Bank of Park Falls entered into an agreement, pursuant to which First National Bank will merge with and into Forward Bank. It is currently anticipated that Forward Bank will assume operations of the First National Bank branches in Phillips and Park Falls in the spring of […]Continue Reading..