The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
March 18--Farm Bureau Financial Services announced Tim Lundgren recently joined the Donnellson office.
"I'm excited about the opportunity to help Farm Bureau customers prepare for the future and protect what matters most to them by providing products and services that protect families, individuals and businesses," said Lundgren. "Farm Bureau Financial Services has been a constant in Iowa since 1939 and truly lives up to its sterling reputation."
Prior to joining Farm Bureau Financial Services, Lundgren was financial and insurance services manager for Shottenkirk Automotive Group and Deery Brothers Inc.
When not furthering his professional education, he enjoys spending time with his wife, Kelli, and being involved in their three children's activities. He and his wife are members of the Optimist Club of Burlington/West Burlington and devote time to various local charity organizations.
Mary Hatch of HealthFirm Insurance recently was recognized by Wellmark Blue Cross and Blue Shield of Iowa with the Individual Sales 2011 Top Producer Award.
The award acknowledges the expertise and sales experience Hatch uses to find the right product to fit the needs of her customers. Less than 3 percent of all Wellmark Blue Cross and Blue Shield agents in Iowa achieved this honor.
HealthFirm Insurance is located at 1240 S. Main St., Burlington.
Earnest Insurance Agency LLC of Wapello and Eland Agency of Mediapolis recently were named to the prestigious Grinnell Mutual Reinsurance Company President's Club for 2012.
Earnest Insurance Agency and Eland Agency rank among the company's top 50 agencies and 15 farm mutual companies for outstanding production and profitability over a five-year period. President's Club members provide insights on key insurance and business issues to company management from Grinnell Mutual Reinsurance and Grinnell Select Insurance Companies.
"Our President's Club members are an impressive group of insurance professionals. Many of these agencies have been successfully serving local policyholders for decades in an ever-changing market," said Larry Jansen, president and CEO of Grinnell Mutual. "For that reason, listening to our top agents and mutuals keeps our partnership and our service to the policyholder strong and stable. They provide valuable insight as we seek their opinions on many topics, from product development to marketing."
The agents and staff at Earnest Insurance Agency and the Eland Agency will be presented with plaques and letters of recognition from Grinnell Mutual for their notable achievement.
(c)2012 The Hawk Eye (Burlington, Iowa)
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