Elaine Bedel appointed as President of the Indiana Economic Development Corporation | Wealth Management and Retirement Planning | Bedel Financial Consulting, Inc. Indianapolis

Elaine Bedel appointed as President of the IEDC

Bedel Financial

Elaine Bedel appointed as President of the IEDC

Monday, January 9, 2017

Elaine Bedel, Eric Holcomb, Suzanne CrouchWe are pleased to announce that Elaine Bedel, owner of Bedel Financial Consulting, Inc., has been named president of the Indiana Economic Development Corporation (IEDC) by Governor Eric Holcomb.(Read the Press Release) 

"Elaine's bold leadership and extensive experience as the owner of her own financial consulting company will be great assets to promote Indiana's positive business climate and jobs magnet reputation," said Governor Holcomb.

Elaine will replace Jim Schellinger, who will serve as Indiana’s Secretary of Commerce. "I look forward to working with Elaine to ensure that Indiana remains a state that works, supporting the growth of Hoosier businesses and attracting new companies to Indiana," said Schellinger. "Elaine's firsthand experience as a business owner and her considerable leadership in the private sector will make her a tremendous asset to the IEDC and to businesses across Indiana, strengthening the state's economic momentum and propelling Indiana to the next level."

Elaine released a statement to BFC’s clients to announce her new position with the IEDC and to clarify her continuing role with Bedel Financial.  

Turning Capital Losses into Client Gains

Turning Capital Losses into Client Gains

When working with business owners who have a fairly significant capital loss from their business, we may be able to utilize those losses by converting a large portion of an IRA to a Roth IRA. Doing so will allow the business owner to move those tax-deferred dollars to a tax-free bucket while paying little to no income tax. Now those converted dollars will grow tax free for retirement.

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