retirement

September 12, 2018 | Alvin Carlos, CFA, CFP®

Got a New Job? 4 Tips to Maximize Your Situation

Did you just start a new job? Congratulations! I hope you’ll get along with your new boss. With your higher salary and new benefits, here are four questions you might be thinking about, and tips on how to approach them. 1) What should I do with my higher salary? This is a great time to examine […]

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January 30, 2018 | Douglas Tallman

Council Issues Proclamation for Longtime Council Administrator

The Montgomery County Council issued a proclamation Tuesday to honor Steve Farber, the longtime council administrator, who is retiring. Farber, 75, of Chevy Chase, officially retires Wednesday. He joined the council staff in 1991. Since then, he has served seven councils. A graduate of Harvard and the Woodrow Wilson School at Princeton, Farber serves as […]

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January 25, 2018 | Staff Writer

Pfanstiehl Announces Retirement from Strathmore

Eliot Pfanstiehl, who founded Strathmore and has served as its CEO since its inception, will retire Aug. 31. A release announcing his retirement included this quote from Pfanstiehl: “While retirement will leap to the minds of many, redeployment of my skills and assets is a more apt description, as I survey the many opportunities and […]

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November 15, 2017 | Douglas Tallman

Sheila Hixson Announces She Won’t Seek Re-Election

Sheila Hixon, the 43-year member of the House of Delegates, announced Tuesday night she would not be seeking re-election in the 2018 races. The politics blog Maryland Matters said Hixson announced her decision at Montgomery College’s Takoma Park campus. From the blog, written by Josh Kurtz: Hixson, 84, who represents a Silver Spring-Takoma Park district, […]

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November 13, 2017 | Mark Avallone, MBA, CFP®, CRPS®

Why Now may be a Bad Time for a Roth Conversion

Roth IRAs and Roth 401(k) plans represent one of the few tax advantaged ways for Americans to invest. These Roth investment products allow you to make an after-tax contribution into an investment account. Subject to certain terms and conditions, they also allow for tax-free growth and tax-free withdrawal of dividends, interest, and capital gains. In […]

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September 26, 2017 | Staff Writer

Assistant Chief Retiring With More than 30 Years with Montgomery County Police

Montgomery County Police Assistant Chief Betsy Davis completes her last tour of duty Friday, retiring after more than 30 years with Montgomery County police.  Davis joined the Montgomery County Police Department in 1985 as a member of academy session 15. “Betsy has served her community with compassion, humility, and integrity.  Her ten years as an […]

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August 17, 2017 | Douglas Tallman

Debelius Rides into Retirement (VIDEO)

Judge John Debelius retired as administrative judge for Montgomery County. Over a career that spanned 16 years, Debelius oversaw the construction of the new courthouse as well as a number of cases. MyMCMedia talked to several people who knew the judge, and all had a high opinion of him. Here’s what he had to say […]

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August 8, 2017 | Christen Milstead

Art Exhibit Showcases Works from Ingleside Family of Retirement Communities

The Ingleside at King Farm community is currently hosting the “Three Sisters Traveling Art Exhibit,” a resident-led art show containing artwork from all three Ingleside communities. This is the first time an art show included works from every community and it has been an integral part of the King Farm community. Ingleside at King Farm, an […]

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March 20, 2017 | Douglas Tallman

Fossil Fuel Divestment Measure to be Amended, Berliner Says

Montgomery County Council President Roger Berliner said Monday he would propose changes to legislation he is supporting that would force county retirement funds to divest their holdings in fossil fuel companies. Berliner first proposed the legislation in October. Since then, a Leggett administration analysis claims the funds could lose as much as $27 million a […]

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August 24, 2016 | Brad Sherman

401k

The Conflicts of Interest Around 401(k)s

A new study in the Journal of Finance has found that conflicts of interest in 401(k) plans can lead to serious losses for individual investors. More specifically, the 2,500 funds surveyed were less likely to eliminate under performing funds that were their own rather than another provider’s fund. This can be very costly to retirement […]

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