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Getting A Big Lump Sum Payment?  You May Still Be Able To Contribute To An IRA

Getting A Big Lump Sum Payment? You May Still Be Able To Contribute To An IRA

Tuesday, May 02, 2017

Richard J. Kuehn

RECENT Posts

  1. Dine Out Seniors To Meet At Fish And Chips In Salinas On Friday July 21
    14 Jul, 2017
    Dine Out Seniors To Meet At Fish And Chips In Salinas On Friday July 21
    If you are single, over 61 and new in town or divorced, widowed or never married, there is a group that meets regularly for lunch and dinner called Dine Out Seniors.   Their next gathering will be at Fish and Chips at 2010 North Main Street in Salinas on Friday, July 21 at 11:30 a.m.  For more information or to make a reservation, call 582-7437 or 442-0333. About Richard Kuehn and Family inHome Caregiving After more than a decade of caregiving, both in a professional environment and for a 97
  2. CHOMP, Holding Class On Cooking For Life July 20
    14 Jul, 2017
    CHOMP, Holding Class On Cooking For Life July 20
    CHOMP is having a number of classes in July, including one called Cooking For Life which will be held at Monterey Peninsula College in the Family and Consumer Science Kitchen (FD-104) On July 20th from 6:00 to 8:00 p.m.  This is a great class for seniors or caregivers to have a hands-on experience preparing simple, healthy and delicious meals.  Learn hot to cook grilled lemon chicken served with potatoes and steamed asparagus.  The fee is $20 and a $2 parking pass at MPC is also required. To
  3. Low Cost Alternative To EpiPen Approved By The FDA
    14 Jul, 2017
    Low Cost Alternative To EpiPen Approved By The FDA
    After coming under fire for jacking up the price on EpiPen's 400% last year (the maker, Mylan, agreed to settle with the government for $465 million for overcharging Medicaid patients) those using the emergency allergy EpiPen will be relieved to hear that the Food & Drug Administration (FDA) has approved a lower-cost alternative.  This may force EpiPen to dramatically lower their prices or risk losing their current customer base to Adamis Pharaceutical’s newly approved product called Symjepi.
  4. Elder Abuse Alert: Scams Are The Number One, Just Above Identity Theft And Debt Collection Imposters
    12 Jul, 2017
    Elder Abuse Alert: Scams Are The Number One, Just Above Identity Theft And Debt Collection Imposters
    The Federal Trade Commission has compiled its list of last year’s top scams and for the first time ever, imposter scams, where someone calls you pretending to be someone trustworthy that you know, topped the list.  It was above identity theft and debt collection imposters, which were in the number two and three positions.  If you want to report a scam, go to www.ftc.gov. About Richard Kuehn and Family inHome Caregiving After more than a decade of caregiving, both in a professional environment
  5. Putting Off Drawing Social Security From Age 62 To Age 70 Increases Benefits
    09 Jul, 2017
    Putting Off Drawing Social Security From Age 62 To Age 70 Increases Benefits
    Deciding when to file for Social Security benefits is a tough decision.  However, if you are female, the odds are that you’ll be better off filing later rather than sooner simply due to the fact that women typically live longer than men.  That’s assuming that you are in good health when you reach retirement age (which varies depending upon what year you were born in).  In addition to the longevity factor, if you can continue to work at a decent wage, you may be able to boost your benefit,
  6. Give Your Grandchildren A Gift That Will Last Almost Their Entire Lifetime, A Roth IRA
    06 Jul, 2017
    Give Your Grandchildren A Gift That Will Last Almost Their Entire Lifetime, A Roth IRA
    Do you want to do something nice for your grandchildren?  Kiplinger’s Retirement Report says forget about buying them toys that will soon be obsolete, start a Roth IRA to get them in the habit of saving early.  Many baby boomers didn’t start putting away money until they were in their 40’s and 50’s and are now approaching retirement with nowhere near enough funds to live comfortably on.  To illustrate the impact of starting to save early, Kiplinger says that putting $2,000 per year away for just