senior

Illinois bill would help small business owners plan for succession after retirement, death

SPRINGFIELD, Ill. (WTVO) — Illinois lawmakers are proposing legislation to make it easier for small business owners to pass along their business after their retirement or death. Rep. Cheri Bustos (D-17th Dist), who supports the bipartisan bill, says entrepreneurs across the state tell her they need help creating a plan for succession of ownership. “The …

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Harckham Proposes Early Retirement Bill

Public employees could take advantage of early retirement incentives under a bill being sponsored by two local lawmakers. State Sen. Pete Harckham (D-South Salem) and state Assemblyman Tom Abinanti (D-Greenburgh), noting the COVID-19 pandemic’s devastating financial impact, said their proposed legislation would allow local municipalities and the state to “streamline” their work forces. This could, …

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Library to hold SS retirement program | News, Sports, Jobs

JOHNSTOWN — The Johnstown Public Library will conduct a free “Social Security and Your Retirement” informational virtual event at 6 p.m. March 11. Registration information can be found on the 38 S. Market St. library’s website – www.johnstownpubliclibrary.info, The program is being presented by Retirement Solutions, LLC, and is for persons wanting to …

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Cents & Sensibility — Maximizing your retirement plan

Beth Peabody “Tell me and I forget, teach me and I remember, involve me and I learn.”  Benjamin Franklin Because the new year is a good time for reflection, this column’s previous two recommendations included establishing a budget and determining dollar amount goals for three “buckets:” emergency savings, debt repayment and retirement savings. The goal …

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