Retirement is a fun and exciting time to reap the rewards of all your years of hard work. Less time in the office means more time with family and friends, getting to engage in the activities you enjoy and seeing the world. A big part of many people’s retirement is buying a forever home. However, …
The do’s and don’ts of buying your retirement home Read More »
Tuesday, November 9, 2021 Last month, New York Governor Kathy Hochul signed a new law requiring private employers that meet certain criteria to automatically enroll their employees in the State’s Secure Choice Savings Program (the “Program”), a retirement plan overseen by the State for private sector and nonprofit employees similar to an IRA. Previously, the …
NY Employer Update on Employee Retirement Enrollment Read More »
Ask Larry Economic Security Planning, Inc. Today’s Social Security column addresses questions about whether you can be eligible for later spousal benefits if you take early retirement benefits, working while receiving disability benefits and whether a parent’s widow’s benefit is set at the correct amount. Larry Kotlikoff is a Professor of Economics at Boston University …
Can I Take Social Security Retirement Benefits At 62 And Spousal Benefits Later? Read More »
The open enrollment period for Connecticut retired teachers who access their health insurance benefits through the Teachers’ Retirement Board (TRB) began on October 18. For the 2022 calendar year, the TRB has chosen UnitedHealthcare as the sole provider for the two insurance options being offered to retirees: the UnitedHealthcare Advantage Plan and the Senior Supplement …
Retired teachers, do your homework when choosing a health insurance plan Read More »
Mellett opened his U-Save franchise in Glenside, Pa. in 1988. With 33 years in the neighborhood, Mellett was known as a staple in the community and involved in various charities and causes. Photo courtesy Glenside. On October 1, 2021 and after 33 years in business, Tom Mellett, owner of U-Save of Glenside, announced his …
Tom Mellett, Owner of U-Save of Glenside Announces Retirement – Rental Operations Read More »
As we approach the end of 2021, it’s again time for sponsors of 401(a) and 403(b) plans to review their plan documents and plan operations to ensure compliance with increasingly complex qualification requirements. While there is no one-size-fits-all checklist, the following provides an overview of these requirements to help plan sponsors (1) determine the need …
I’m 36 years old. I have about $53,000 in a money-market savings account. I keep anywhere from $1,000 to $2,500 in a checking account. I have about $290,000 in my retirement. I have a wife who has had no job for four-plus years. We both agreed that she would raise our 4-year-old as a stay-at-home …
30 years to this day, Magic Johnson shocked the entire world when he held a press conference to retire from the NBA. He was at the pinnacle of his career, 31 years old, just coming off a season where he averaged 19.4 points, 12 assists, and 7 rebounds. Johnson was known for flashing his million-dollar …
Lakers: Magic Johnson Reminisces on the 30th Anniversary of His Retirement – All Lakers Read More »
Dan Pearson watches as Russ Cockman makes a shot in the men’s doubles division in Arbor Acres’ annual croquet tournament. John Dial lines up a shot during a doubles match in the Arbor Acres croquet tournament. …
Croquet stirs the competitive juices at retirement community | Local News Read More »
Greg Chona If you own a home, chances are your net worth has shot up in the last year. According to a new report, skyrocketing home prices caused by a pandemic-fueled real estate frenzy have led to a scenario where homeowners in the U.S. are sitting on a record $22.7 trillion worth of home equity, …
Commentary: Should you consider your home a retirement asset? | Business Columnists Read More »