November Personal Finance Newsletter
November 10, 2010 by Jean Keener, CFP, CRPC, CFDS · Leave a Comment
The November personal finance newsletter is now available. It includes information 2011 retirement plan contribution limits — most are unchanged, but if you’re right on the edge of having too much income to make Roth IRA contributions, you should check out the slightly increased income phase-out ranges. The newsletter also covers inheriting propert in 2010 and what the one-year hiatus from the estate tax means to the step-up basis rules. In addition, we have info on homeowners insurance and liability coverage, a summary of the latest trends in college pricing and financial aid, and an investment market update. To read the newsletter, click here.
Social Security Workshop for Baby Boomers
November 8, 2010 by Jean Keener, CFP, CRPC, CFDS · Leave a Comment
I am conducting a free personal finance workshop on social security planning strategies at the Keller Public Library on Tuesday, November 16 at 6:30 pm. Personal finance workshops are held the third Tuesday of each month at the library, and this will be the last time the social security topic will be addressed in 2010.
The session will cover what baby boomers need to know to maximize their retirement income. Attendees will learn:
- 5 factors to consider when deciding when to apply for benefits
- Why you should always check your earnings record for accuracy
- How to coordinate benefits with your spouse
- How to minimize taxes on Social Security benefits
- How to coordinate Social Security with your other sources of retirement income
You are welcome to attend and bring your questions! The last time this workshop was held in August, we had quite a few excellent questions from the audience that helped everyone learn more about unique social security filing strategies and the rules that apply to them. Seating is limited, so please RSVP to library@cityofkeller.com to ensure your space.