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2,162 results found
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Do You Really Know What Your HSA Can Do for You?
Over the past several years, health savings accounts (HSAs) have grown in both interest and popularity — so much so that there were $104 billion in
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How to incentivize your employees to make cost-effective health care choices
Even a great benefits plan won't serve your business to its full potential if your employees aren't using the tools provided to them. Employers have a wealth of opportunities to improve their business and their employees' experience if they adopt an innovative plan, but the efficacy of these tools rely on employee enga
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6 Mistakes That Small Businesses Make That Damage Their Credit
If you own a small business, you know that having a good business credit score can make your business thrive. That’s why it’s important not to make
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Financial Equality: Why It's Important For Women In Business
In today's world, the issue of financial equality continues to be a hot topic, particularly when it comes to women in business.
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How CFOs Are Adding Value To Working Culture To Win The War For Talent
Chief Financial Officers are emerging as critical players in the war to attract, develop, and retain talent across an organization — with the need to
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Three Ways APIs Are Keeping Small Businesses Digitally Competitive
Small businesses are still bearing the brunt of economic and legislative changes brought on by the pandemic, with over 70% of them reporting negative
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What is an emergency fund?
An emergency fund, also known as a rainy day fund, is a savings account where you set aside money for an unexpected event. For example, you might dip into your emergency fund for an unexpected medical bill, a sudden need for car repair, or a job loss. Your emergency fund should not be used for day-to-day expenses, vacations, or other big non-emergency purchases.
The idea is that by having dedicated savings for the unexpected, you’ve created a buffer, should disaster strike. You’ll have funds to cover an emergency and not be as financially impacted as you would be if you were unprepared. This allows you to avoid debt and continue to pursue your other financial goals in the face of an emergency.
Experts recommend you keep anywhere from 6 months to a year’s worth of expenses in your dedicated emergency fund. You should also make sure your emergency fund is in an interest-bearing account. At Old National, we offer a variety of savings options.
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Fed Says Digital Dollar Could ‘Fundamentally Change’ The U.S. Financial System—But It’s Not Ready To Issue One Yet
Topline The Federal Reserve on Thursday released its highly anticipated report on the prospect of minting a central bank digital currency, or
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Remote work is here to stay. Are you ready to embrace the shift?
Nearly two years into the pandemic, remote flexibility is more than a preference for many workers — it’s a central concern for them as they plan their
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How To Find The Perfect Accountant For Your Business In 4 Simple Steps
To ensure your business's books are up-to-date and accurate, consider hiring an accountant.gettyManaging your company’s books and finances is a crucial task that comes with a lot of pressure. Make one wrong turn and you could wind up dealing with tax issues, facing penalties, and losing money—yikes. To avoid accounting