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. This is taught by an advisor who holds the designation of a chartered Federal Employee Benefits Consultant (ChFEBC). This class will undoubtedly clear clear up some of the confusion around coordinating all of the many pieces of Federal retirement benefits.
Learn how to protect and preserve assets from the costs of long-term care. This course is not only for seniors, but family members of seniors who may be called upon to deal with these issues. You will learn about how to qualify for helpful governmental programs, leverage Medicaid to protect your own assets, and the steps you should be taking now before the crises hits. These concepts will be covered: long-term care insurance, the essential estate planning documents, and health insurance under the Health Care Reform Act. **( This course has been updated to include information on recent legislation "Secure Act of 2019" which includes substantial changes in IRA rules moving forward. ) The course is co-instructed by an Elder Law Attorney and a Certified Financial Planner. Senior adult and disabled retiree tuition waivers apply.
What if you didn't come home today? Would your love ones have a process to follow, or would their world be engulfed in chaos? What footprint are you leaving behind? The Family Love Letter process is a holistic version of estate planning, taking us beyond the legal documents. It focuses on protecting and preparing your loved ones and crafting a valuable legacy. The course will provide you with a detailed workbook to help you implement your personal Family Love Letter.
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.
When you turn 65, the federal government gives you a birthday
present: Entree into the brave new world of Medicare. This course
will address Medicare basics, such as how and when to enroll, and help you navigate safely past potentially costly traps. We will also discuss how to shop for the private insurance you need to supplement Medicare.
It's not just what you save for retirement; it's how you manage it in retirement. Learn 13 mistakes to avoid when managing money during retirement. Learn to maximize your retirement income, minimize your tax burden, and insure that your money is spent as you want. Class is co-instructed by a Certified Financial Planner specializing in retirement income planning and a CPA. **(This course has been updated to include information on recent legislation *Secure Act of 2019* which includes substantial changes in IRA rules moving forward.)
This class is for Baby Boomers facing the challenge of how to successfully make it to, and through, retirement. It will focus on how to successfully utilize IRA's and employer- sponsored retirement plans (such as 401(k), 403(b), and TSP) for retirement funding needs. Participants will enjoy a healthy, honest, and frank discussion on how to create savvy strategies to enhance their financial, physical, and emotional peace in the golden years. Prepare to roll up your sleeves!
This class is necessary and timely for every person facing the future challenge of applying for Social Security benefits. There will be a thorough review of the Social Security program, the health of the Trust Fund noting the pandemic, benefit planning strategies and how it impacts our retirement decisions, and specifically on when and how to file to maximize benefits. The goal of this class is to clarify some of the misconceptions of the details of Social Security benefits.
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.
9:30 AM - 12:00 PM
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.