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).
Legacy Planning brings the human element into estate planning. 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? This course takes you beyond estate documents, discussing how you can convert chaos to clarity and closure. Legacy planning follows a logistical progression, and each participant will be given a workbook -the Family Love Letter- for planning purposes.
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.
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.
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 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.
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.