We all know how much havoc stress can wreak on your life. But do you know how much stress can negatively impact your business? Per Mental Health America, stress costs employers $500 billion in lost productivity, annually. Financial stress, in particular, has a significant adverse effect on both your employees and business as a whole. […]
About Tim Olson
Tim has a Bachelor of Science degree in Business Administration from Indiana University, a Certified Employee Benefit Specialist (CEBS) designation from the Wharton School of Business, and a Chartered Mutual Fund Counselor (CMFC) designation by the National Endowment for Financial Education of Denver, Colorado. He has had a State of Nebraska Insurance license since 1982, a State of Nebraska Consulting License since 1996, and non-resident licenses in Kansas, Iowa, Missouri, and several other states.
Entries by Tim Olson
Financial literacy means having a basic knowledge and understanding of financial matters to manage your resources effectively for a lifetime of economic well-being. What percentage of the U.S. do you think is financially literate? The answer may surprise you. According to research by TIAA, only 16 percent of Americans have a high level of financial […]
It’s impossible to overstate the importance of financial wellness in the workplace. This benefit works to protect your employees financially, and otherwise. Finances and the stress they cause can have a substantial impact on your organization’s success. According to a 2017 survey from Mercer, employers can lose up to $250 billion a year due to employees’ […]
Financial stress today is kind of like the Cucumber Melon scent from Bath & BodyWorks in the early 2000s. Despite its near ubiquity, seemingly nobody is talking about how bad it is. Unlike cucumber melon lotion though, the adverse effects of financial stress go beyond offended olfactory sensors. The effect financial stress can have on […]
*This article is an update of a previous post. Strike the bells! The Department of Labor’s (DOL) fiduciary rule is (as of now) dead. The Fifth Circuit Court of Appeals has denied two motions to intervene to defend the DOL’s fiduciary rule. AARP and three state Attorney Generals filed these motions, respectively. Last week, […]
“I’m going to work until I’m dead.” It’s a phrase you’ve likely heard before. In fact, according to a CareerBuilder survey, one-third of employees 60 or older, plan to work until at least age 70. While not dead, 70 is a full five years past the “normal” retirement age. Additionally, 20 percent of respondents believed […]
To Bitcoin or not to Bitcoin, that is the question. Unless you’ve been trapped in the Sunken Place, you’ve likely heard something about Bitcoin or another form of cryptocurrency. Still, there’s a big difference between hearing about something and understanding it. And Bitcoin, despite its rising popularity, can be difficult to understand. Especially when considering […]
“Brand.” Bringing up brand, or brand image can lead to dull conversations that will quickly reach high levels of pretentiousness. But while talking about “brand image” might seem clichéd, it is still a worthwhile topic of discussion. A consistent brand image, or identity, is vital for establishing what your company is, and differentiating it from […]
Retirement benefits, in today’s workforce, hold a similar spot in employees’ minds as coffee or a steady paycheck; they’re a necessity. Without retirement benefits, your organization will likely experience difficulty recruiting and retaining employees. As Forbes put it, not paying for a retirement plan is not the financial plus it may seem. While you will […]
*The following was taken, and edited down, from Tim Olson’s chapter in Breaking Through the Status Quo. Get your free copy of Breaking Through the Status Quo today! The ongoing turmoil surrounding our nation’s health care has exposed some of the issues facing both employers and benefits consultants today. In fact, these issues are […]
Securities and Insurance Disclaimer
Tim Olson, Greg Ritzdorf, Jeff Wallace, and Sandy Petzoldt are registered representatives with Cambridge Investment Research Inc., a Broker/Dealer, Member FINRA/SIPC.
Cambridge Investment Research, Inc is registered to do business in all 50 United States. Tim Olson is licensed to offer securities products and insurance products in AZ, CO, IA, KS, MN, MO, NE, NJ, SD, UT, and WY. Greg Ritzdorf is licensed to offer securities products and insurance products in MN, NE, IA, KS, and MO. Jeff Wallace is licensed to offer securities products and insurance products in AZ, CO, IA, KS, MN, MO, NE, NJ, SD, UT, and WY. Sandy Petzoldt is licensed to offer securities and insurance products in CO, NE, KS, MO, WY, IA, SD. The information included herein should not be considered a solicitation or an offer to sell products in any state besides those in which Tim Olson, Greg Ritzdorf, Jeff Wallace, and Sandy Petzoldt are properly licensed.
Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. The Olson Group is not affiliated with Cambridge Investment Research, Inc.