Mark Tomasini, the City’s ICMA Representative, is offering virtual meetings with employees. Click
here to schedule your meeting.
ICMA-RC is offering financial education to our employees in July through a series of webinars. To register for a topic, click on the title of the webinar(s) that interests you to sign up. All webinars will be held at noon.
July 7 – I am Nearing Retirement. Now What?
If you are retiring soon, you probably have many questions about your retirement accounts. Learn what you should consider next.
July 10 - When Should You Begin Receiving Your Social Security Retirement Benefits?
As you near retirement, one of the biggest financial decisions you will need to make is when to begin receiving your Social Security retirement benefits. With pensions disappearing, Social Security remains the major source of guaranteed lifetime retirement income for most Americans, so it is important to take the time to explore your options and make an informed, well-reasoned decision.
July 14 – Investing During a Pandemic
Investing in today’s volatile market certainly feels like we are in unchartered territory. News of the COVID-19 pandemic and its impact on the country has pushed the VIX (i.e., Fear Index) into to a high of almost 83 (March 16, 2020). However, with a longer-term perspective, it may not look that different when we compare to situations in years past. Insights into historical data in the VIX Index and a view of the impact of past pandemics may provide a different and much-needed perspective.
July 16 – Planning for Long-Term Care. Will You Need Long-Term Care?
According to the federal government, a majority of people over age 65 will need some type of long-term care, with a significant number of people needing care in a nursing home.
July 21 - 10 Question Retiree Guide
Transitioning into and through retirement can be rewarding and challenging. So having a plan is important. We’ll focus on 10 key questions you should ask, from saving, to Social Security and Medicare, and managing your investments, withdrawals, and taxes.
July 23 - Control What You Can - Investing Do’s and Don’ts
How should you respond to market ups and downs? While some may wish to further diversify their investments and others may spot opportunities, many are best served by sticking with a personalized investing strategy. Consider these do’s and don’ts to help you focus.
July 29 - Are You Thinking About Investing in a Roth IRA?
Roth IRAs have become popular retirement savings vehicles because if certain conditions are satisfied, distributions from Roth IRAs are completely free from federal income taxes. Is a Roth IRA right for you? The answer is a complicated one, and depends on your particular situation, including whether you believe you will be in a higher tax bracket in the future.