taxes

  One of the most proactive ways you can protect your personal finances is to take advantage of tax beneficial accounts such as an HSA, 401(k) and IRA. Though these accounts are typically tied to retirement savings, this is not always the case. At Iowa State Bank we want to help you make the most of your money, by offering these three account options:   Health Savings Account (HSA): Currently tied to your insurance provider, this account allows you to save pre-tax income into

Getting your taxes done early not only takes one more thing off your to-do list but further allows you to start planning for the future. Working with your tax professional, determine how much your family may receive this year from a tax refund. No matter the amount, we recommend putting it towards your financial goals for the year. Here are some great strategies we’ve tried to get the best bang for our buck:   Max out your 401(k) or Traditional IRA contributions. If you