The University of Evansville Center for Adult Education is now accepting registration for a series of four personal finance discussions. Led by Bob Boxell and Nelson Rivers of Centennial Wealth, these one-night classes are designed to provide useful information in making decisions that could affect participants and their families for many years to come.
Each session will take place in the Schroeder Family School of Business Administration Building from 6:30-8:00 p.m. Classes are $25 each or $85 for all four. To register, contact UE’s Center for Adult Education at 812-488-2981.
Dates and topics are as follows:
February 21 – Retirement Doesn’t Have to Wait Forever! This discussion will help people of all ages prepare for their next phase of life. Topics include saving for retirement, defining your retirement, estimating the cost, and determining your sources of income. Kristin Hood, SWIRCA wellness coordinator, will be the guest speaker.
February 28 – Getting the Most from Social Security and Medicare. This session will clarify topics such as choosing the right time to take Social Security and whether to purchase additional Medicare protection. Participants will also learn about the new rules for 2012 regarding both programs.
March 6 – Tax Tips to Put Money in Your Pocket. Attendees will learn how to take advantage of tax deductions and tax credits, and to find ones that many taxpayers overlook. This session will focus on both federal and Indiana tax guidelines for individuals.
March 13 – Lifting the Burden: When is the Right Time for Long-Term Care Insurance? The discussion will cover benefits and drawbacks of long-term care insurance, such as the Indiana Long Term Care Partnership Program, which allows people to keep more of their assets. Rebecca Vaughan, program director for the Indiana Long Term Care Insurance Program, will serve as guest speaker.
Now that 40 states have “LTC Partnership programs” you do not have to buy an expensive “unlimited” long-term care insurance policy. You only need to buy an amount of long-term care insurance equal to the amount of assets you want to protect for yourself, your spouse/partner, and/or heirs.
Each dollar that your partnership policy pays out in benefits entitles you to keep a dollar of your countable assets if you ever need to apply for Medicaid services.
Here’s a link to more info on LTC Partnership policies.
http://bit.ly/How-Partnership-Policies-Protect-Assets
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