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Retired teachers, do your homework when choosing a health insurance plan

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 …

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Tom Mellett, Owner of U-Save of Glenside Announces Retirement – Rental Operations

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 …

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Three-time Paralympic wheelchair tennis champion medalist Nick Taylor announces retirement

ORLANDO, Fla. — Three-time Paralympic wheelchair tennis champion medalist Nick Taylor has announced his retirement. Taylor, an American who turns 42 this week, won 11 Grand Slam doubles titles with David Wagner _ seven at the U.S. Open and four at the Australian Open. At the Paralympic Games, they won gold medals in 2004, 2008 …

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2021 Retirement Plan Year-End Amendments and Operational Compliance | Groom Law Group, Chartered

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 …

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Retirement Daily Learning Center: Social Security Primer

In the first of several Retirement Daily Learning Center webinars about Social Security, Martha Shedden, CRPC, RSSA, co-founder and president of The National Association of Registered Social Security Analysts, explores the following topics: full retirement age; qualifying for Social Security; calculating retirement benefits; average indexed monthly earnings; primary insurance amount; reductions and credits; life expectancy; …

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‘I use credit cards for everything’: I’m 36, earn $62K and have $290K in retirement savings. My wife is a stay-at-home mom. Are we doing OK?

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 …

‘I use credit cards for everything’: I’m 36, earn $62K and have $290K in retirement savings. My wife is a stay-at-home mom. Are we doing OK? Read More »

Lakers: Magic Johnson Reminisces on the 30th Anniversary of His Retirement – All Lakers

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 …

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Commentary: Should you consider your home a retirement asset? | Business Columnists

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, …

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