Is managing your 401(k) on the back burner? It may be time to turn up the heat on your retirement savings. In honor of National 401(k) Day, Jane Smith, Director of Retirement Plan Services with First Merchants Private Wealth Advisors, explains how to get the most out of your 401(k).

At the highly anticipated Jackson Hole economic conference on Friday, Federal Reserve Chairman Jerome Powell said that he and his fellow central bank policymakers were determined to bring down inflation even if it led to “some pain” for households, businesses, and investors in the short-term.

Personal Finance is an important piece of financial wellness and security, but, if you’re just starting your financial wellness journey, it can be difficult to know where to start. That’s why First Merchants Bank offers its customers an innovative Personal Finance tool, conveniently located in our mobile banking app.

After a sharp rally up from mid-June market lows, the positive momentum in U.S. equities has cooled off in recent days as members of the Federal Reserve have pushed back against a growing narrative that the central bank may start easing back from restrictive policy near-term.

Stocks notched their fourth straight winning week with gains Friday after the monthly report from the University of Michigan showed a pop in consumer confidence, marking the second consecutive gain for the index since June.