MATTOON — During these unpredictable and turbulent economic times, it is more important that ever for pre- and post-retirees to increase knowledge of personal finances, retirement, healthcare, Social Security, estate planning, Medicare and consumer fraud.
The decisions made today will impact retirees and their family’s financial future tomorrow.
A free “back to basics” seven-part series of educational seminars starting in February will be presented by local insurance and financial specialists with more than 75 years of collective experience and education.
The seven seminars being offered and some of the learning objectives are:
1. Medicare — Changes in 2013, 10 key facts about Medicare, deductible, co-pays, costs, choices.
2. Money/Retirement — How to make money work for you, not outliving your savings, in any economy, inflation and taxes.
3. Identity Theft — The five different types, how to prevent it, financial fraud, restoration, senior scams.
4. Social Security — when and how to file, who qualifies, working, spouse and survivor benefits, inflation, suspending and rescinding.
5. Life Insurance 101 — How much, what kind, cost, tax advantages, final expense.
6. Estate planning - wills, trusts, probate, the importance of creating an end of life plan.
7. PPACA (The new Patient Protection and Affordable Care Act) — What are exchanges, penalties, subsidies, cost to employers and employees.
The seminars start Feb 18-22 at Downtown Diner, 1626 Broadway, Mattoon, and will be presented every third week of the month for the rest of the year.
The schedule of events at Downtown Diner is as follows:
n Monday - Medicare: What you need to know;
n Feb. 19 - Two seminars: Retirement Planning (before lunch) and Life Insurance 101 (after lunch);
n Feb. 20 - Estate Planning: Back to Basics;
n Feb. 21 - Identity Theft: The No. 1 Crime in America; and
n Feb. 22 - Two seminars: Social Security When to File (before lunch) and PPACA, the new health care law (after lunch).
The seminars start at 11:15 a.m. and will last about an hour. On the double seminar days, lunch will be at 12:15 p.m. and the second seminar will start at 1 p.m. The seminars last 30 minutes with a 15 minute question and answer session to follow.
Seating is limited. Reservations are required. Anyone attending all seven seminars can enter to win $50.
The free lunch and learn events are open to the public to help answer some of the questions and confusion seniors face every day.
There is no cost and no obligation, and there will never be any sales presentations. None of the material used or provided is company specific.
The professional teams of presenters are committed to address the educational needs demanded by these new challenges seniors face. They recognize that helping seniors to develop the knowledge, skills, and confidence to make informed financial decisions is critical to their economic well being. The seminars are designed to be an information outlet, reaching out to pre- and post-retirees.
The “back to basics” common sense approach educate seniors about how money works; how to maximize Social Security; controlling spending and what it means to Medicare; protecting guaranteed benefits; tips for saving money; and strategies to protect themselves from consumer scams while staying informed about the ever-changing new tax reforms.
All attendees will receive information to take with them covering every topic discussed at the seminar to review. They can also subscribe to weekly newsletters to keep up to date on new information and learn how and where to find additional resources.
The free lunch and learn events are also available to churches, clubs and organizations to help members learn how to keep and protect their earnings through their lifetime.
For more information or to register, go to www.freelunchandlearn.info or call Shirley Knauss, event coordinator at 217-232-3410; or email email@example.com.