Courses updated for 2020
Retirement 101 – the Rules Have Changed
This comprehensive class will provide much needed, informative financial education to navigate the transformation from a working environment into retirement. A discussion on changes to investment philosophies upon entering retirement. Passive/strategic money management vs. active/tactical investing and other topics. A discussion on how to properly name beneficiaries, and the importance of handling inherited retirement accounts. This class was updated for 2017. The information covered is general in nature and not intended to give specific investment advice to attendees.
Access money from your 401K prior to age 591/2 with no tax penalties. How to obtain health insurance during transition Resources to help you get started How to use exemptions, exclusions, deductions and credits to reduce your taxes.
The Big Freeze-almost 40% of businesses are freezing their contributions
What to do when your employer freezes contributions to your 401K. Jim Manuel has 30 years of experience in financial planning, but more importantly he has a heart to help you plan a safe and secure retirement. Should you move your 401K? Is it at risk if it stays with your employer? Is your retirement plan underfunded? Is your plan at risk of reduced benefits? How will this affect your retirement income planning? How can you replace the savings? How will this affect your Social Security?
MediCare for 2020-What it covers and what it costs
MediCare is one of the most important aspects of achieving successful retirement. The major areas of coverage A, B, D and C will be explained as well as the costs involved Retirees greatly underestimate out-of-pocket health care expenses. Many people underestimate these costs by 50% (Fidelity sponsored study) Learn what the donut-hole is and why it creates limited MediCare coverage to occur. Discussion of Medi-Gap supplemental Insurance The ten Levels of covered and how they work Rising Health Care Costs-A reality of retirement. Resources to help you get started. We will provide 9 reliable resources you can go to for answers Health care costs have nearly double since 2000. Increasing knowledge that creates confidence of coverage is one the most valuable things you can take into retirement.
Jim C. Manuel CFEd® is a qualified and experienced instructor for other local institutions: