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5 min read

Tax Deferral: The Power of Compound Interest | ELCO Mutual

The old saying “There are two things you can’t avoid: Death and taxes” is a popular phrase for a reason. However, while the Internal Revenue Service (IRS) is often strict with taxation-related issues,...

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Nov 13, 2018 | 1 min read

Get Involved with the Midwest Veterans Closet

497.6 It’s hard to argue with the fact that numbers are a part of our everyday life. The number 497.6, may not mean much to you or me today,...

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Oct 31, 2018 | 0 min read

Making Strides Against Breast Cancer 2018

Earlier this month, ELCO Mutual sponsored the Survivor’s Tent at the Making Strides Against Breast Cancer Walk in Libertyville, IL. This ten...

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Oct 31, 2018 | 1 min read

Walk to End Alzheimer's 2018

On September 29th, ELCO Mutual sponsored the Promise Garden tent at the Walk to End Alzheimer’s in Kenosha, Wisconsin. The tent provided par...

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Apr 25, 2018 | 2 min read

The “We Care Team” | ELCO Mutual

If a person was asked what a Claims Department does at an insurance company, more than half would say, “That’s simple, when a loved one come...

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Apr 25, 2018 | 2 min read

TRIBUTE TO W. D. Bruce, February 28, 2017 | ELCO Mutual

Earlier this month, W. D. Bruce (Bill) stepped down as Chairman and CEO. He has spent his entire career at ELCO, devoted to its success. ELC...

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Apr 25, 2018 | 3 min read

Military Appreciation Month | ELCO Mutual

May is National Military Appreciation Month. It gives us a chance to honor active duty members, veterans as well as those who paid the ultim...

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Apr 25, 2018 | 0 min read

ELCO's Senior Vice President Throws First Pitch At Miller Park | ELCO Mutual

The July 29th night baseball game between the Milwaukee Brewers and the Chicago Cubs included a “ceremonial first pitch” honor for Senior Vi...

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Apr 25, 2018 | 1 min read

ELCO Loves Its Employees | ELCO Mutual

“No duty is more urgent than that of returning thanks” --James Allen: British Author, Philosophical Writer This Friday March 3rd, marks Nati...

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Apr 25, 2018 | 1 min read

Veteran's Day 2017 | ELCO Mutual

This Veterans Day, we at ELCO wish to honor our military veterans and current service members. The sacrifices these men and women have given...

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ELCO Mutual and its representatives are not legal or certified tax professionals. For tax and/or legal advice, please contact a licensed professional. ELCO Mutual contracts with independent licensed insurance producers and does not guarantee nor certify them as financial planners. Not insured by the FDIC or associated with any government program or agency. Annuities are not associated with a bank. Withdrawals taken from annuities before the age of 59 1/2 are subject to the IRS's 10% excise tax. Individual Retirement Accounts (IRAs) cannot be opened past the age in which Required Minimum Distributions (RMDS) begin. Dividends are declared by the company's board of directors and are not guaranteed. When purchasing a single premium whole life policy, please note that the policy is a Modified Endowment Contract (MEC). Any distributions taken by the owner may be taxable (including from the accelerated death benefit rider). Death benefits for life insurance contracts are contingent on any due premiums being paid. The information on this website is intended for informational and educational purposes only and is not intended to provide investment advice or a recommendation. Clients seeking advice should consult a licensed professional. All life insurance policies and annuities are underwritten and issued by ELCO Mutual Life and Annuity. Also known as ELCO Mutual Life and Annuity Company in Florida. Policy Forms: Platinum Eagle: (ICC19-SPL-19), Golden Eagle: (ICC19-WLP-19), Silver Eagle: (ICC19-FE19, ICC21-GBWL21, ICC19-MWL19, ICC21-GIWL21m ICC21-SPLR21), Preneed: (PNMPSI20, PNMPGI20, PNSPL20), DFD: (DFD21, DFD0113), Presidio Plus: (ICC21-TSPL21), Guardian Eagle Single Premium: (ICC19-MYGA[term length]-19), Guardian Eagle Flexible Premium: (ICC16-FPA16), and Immediate Annuities: (SPIA11 and ICC17-AIFXB17). Policy forms may vary by state.
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