What is an RMD (required minimum distribution?) An RMD is the minimum amount that must be withdrawn from a retirement account each year. The SECURE Act replaces annual RMDs with a 10-year payout period for most nonspouse beneficiaries who inherit in 2020 or later.
On Sept. 20, Larson Manufacturing announced it is permanently closing its entire Lake Mills facility after six decades.
For three new restaurant co-owners, operating their own pizza place is no longer a pipe dream. It's a reality.
Railroads are trying to reach an agreement with all their unions to avert a strike before Friday's deadline.
Clear Lake Bank & Trust (CLB&T) announced on Thursday the promotion of six of their employees.
After a 49-year career at Clear Lake Bank & Trust, I am stepping off the board of my family-owned company. I have been the board chairman for 24 years. During this time, I have been given the honor of transitioning my role as CEO to my son, Mark Hewitt, in 1998.
An empty retail building will soon find new life.
Brandon Smith and Ben Tegtmeier always wanted to open their own card and game shop.
According to data from the Federal Reserve Bank of New York, Iowa has 465,500 total student loan borrowers, with an average of $29,845 in debt as of Aug. 9.
When Tony and Brenda Brownell saw the vacant corner space in the Brick & Tile Building, they knew it would be the next location for The Olde Creamery.
The Mason City Chamber of Commerce has been named Chamber of the Year by the Association of Chamber of Commerce Executives (ACCE).
The value of Bitcoin has tanked recently, and inflation is to blame.
First Citizens Bank has a new hire to its IT Team in Mason City.
A national leader in recreational vehicle insurance is growing.
A Quad-City developer is planning a 120-unit apartment building in downtown Davenport in place of a former Wells Fargo bank drive-thru.
In most years, discussions of the latest Federal Reserve policy decisions are left to the realm of economists and Wall Street traders and analysts. Rarely is it the topic of conversation at bars, football tailgate parties or family get-togethers. To do so was to risk banishment for future events — your name permanently inscribed on the dreaded “do not call” list. But the Fed has now been thrust into the national spotlight, and dialogue, as it tries to grapple with a 40-year high level of inflation.
The Iowa Board of Regents proposed a 4.25% tuition increase for all three state universities for the coming school year, following an unexpectedly low 1.1% increase in funding from the Iowa Legislature.
Choosing between filling up the gas tank and filling up a dinner plate is becoming a harsh reality for many. Resources like the River Bend Food Bank are feeling the pinch, too.
All three of Iowa’s Republican congressional representatives announced their support this week for alternative legislation to address school violence after voting against a gun-control package passed by the U.S. House.
After a 62 year career at Metalcraft, I’m stepping away from the Mason City, Iowa-based company where I started as an assistant controller, climbing through roles to become company president and owner. Reflecting on that time offers lessons for sustaining leadership in uncertain times.
One of the nurses fired by the state for mistakenly giving prison inmates six times the normal dose of the COVID-19 vaccine has been fined $500 by the Iowa Board of Nursing.
A western Iowa physician accused of causing the death of a patient and of posing a “high risk” to the public has told a judge the state licensing board is out to “lynch” him based on a “phony” competency evaluation.
Belen Krabbe, of Investment Advisor Representative at Franklin Financial Services in Hampton, Iowa, completed her semiannual training with America’s IRA Experts at Ed Slott and Company, LLC by participating in a workshop that took place May 12-14, 2022.
Floyd County Medical Center has hired a new Chief Financial Officer. According to the press release, Craig Carstens will assume the position after serving in the same role at Osceola Regional Health Center in Sibley, Iowa since May of 2018. Prior to that Carstens worked at Mercy Medical Cent…
The Mason City Chamber of Commerce was named a finalist for the 2022 Chamber of the Year award, presented by the Association of Chamber of Commerce Executives.