Federal employees have access to a valuable package of benefits. This course will help you better understand the rules so that you can make the best decisions for holistic retirement planning, through open discussions involving CSRS/FERS pension, Thrift Savings Plan and commentary on Social Security and Medicare for Federal Employees. Worksheets will be provided, and this class is taught by an advisor who holds the designation of a chartered Federal Employee Benefits Consultant (ChFEBC).
We live in an incredibly fast changing time! This is a contemporary class to help you be ready to make responsible financial decision in retirement. We will discuss the current economic and investment outlook. We will discuss taxation in retirement, recent tax legislation, and tools you can use for tax planning. The capstone of the course is discussing the user friendly ways to understand your investment statements and design an asset allocation which fits your retirement goals. Class is co-instructed by a certified financial planner specializing in retirement income planning and a CPA - so bring your questions!
How does your money grow? How does the market work? Would you like to learn about ways to generate more income, reduce taxes, or protect your assets from inflation? Learn the four most common mistakes that people make and ways to avoid them. Emphasis is on real-life examples of success with tax free bonds, stocks, and mutual funds. Recent changes in the tax law will be covered. Senior adult and disabled retiree tuition waivers apply.
Tuition: $35
Fee: $35
Sessions: 3
35053
Tues.
8/1-8/15
6:00 PM - 8:30 PM
Darlington Hall, Rm. 210
R. White
How Boomers Can Protect From a Potential Tax Storm
This course busts common myths about taxes in retirement and helps prospects understand why now's the time to take action for a more confident retirement future. It offers three calls to action: Tax diversification review, Asset conversion review, and written retirement income plan. Worksheets will be provided to students.
One of the wisest things anyone can do to prepare for their financial future is learn about long term care services long before they are needed. Knowing and understanding the choices puts you in a better position to make wise decisions and avoid stress when care is needed. Learn how to protect your family, start a retirement nest egg, and avoid a stressful lifestyle.
Tuition: $15
Fee: $15
Session: 1
35054
Thur.
6/15
6:30 PM - 8:30 PM
Darlington Hall, Rm. 208
M. Barnickel
Tuition: $15
Fee: $15
Session: 1
35055
Tues.
8/1
6:30 PM - 8:30 PM
Darlington Hall, Rm. 208
M. Barnickel
Social Security Strategies for a Healthy Retirement
This class is necessary and timely for every person facing the future challenge of applying for Social Security benefits. There will be a review of Social Security basics, the health of the Trust Fund noting the pandemic, benefit planning strategies and how benefit timing impacts retirement decisions, and specifically on when and how to file to maximize benefits. Worksheets will be provided to attendees.
Taxes are a risk often not considered in the retirement planning process. The order in which income is withdrawn from your Social Security, IRA, 401K, non-qualified accounts, and long term and short term capital gains can significantly impact tax obligations. Learn how to strategically structure a retirement income plan to minimize your tax burden and diversity account tax qualifications to mitigate the enhanced risk of increasing taxes.
Tuition: $20
Fee: $20
Session: 1
35052
Thur.
7/13
6:00 PM - 8:00 PM
Darlington Hall, Rm. 210
E. Bowser
Taxes and Retirement: Bracing for the Perfect Storm
This course will look at three things; the current tax outlook, what the future may hold, and finally, what you can do right now to protect yourself no matter what the future holds. We will also talk about three action steps you can take, starting today, to help ensure that more of your hard-earned money stays with you and your family. You will feel confident about your financial future no matter which way the political winds are blowing.
A little planning now may save your family a lot later! Learn the basics of what should be contained in your Last Will and Testament, what other legal documents are essential, and how trusts can play an important part in your estate plan. Concepts to be covered are what is probate and do you need to avoid it, latest laws on the federal estate tax, should the deed to your home be changed, and little known asset protection strategies. Senior adult and disabled retiree tuition waivers apply.
Tuition: $30
Fee: $30
Sessions: 2
25064
Sat.
4/15-4/22
9:30 AM - 12:00 PM
Darlington Hall, Rm. 202A
K. Bress
It has been, and will continue to be, the policy of Harford Community College that all students, employees, applicants, and other persons dealing with the College will do so in an atmosphere that is free from discrimination on the basis of race, color, religion, sex, national origin, age, status as an individual with a disability, veteran, sexual orientation, gender identity or expression, marital status, genetic information or any other status protected by law. This policy includes, but is not limited to, decisions about recruitment, hiring, training, promotion, compensation, benefits, transfers, social or recreational programs, academic opportunities and enrollment.
