Community Corner

New Providence Library To Host Retirement Savings Program On Tuesday

Local financial advisors will lead this financial education seminar at the New Providence Memorial Library on Tuesday at 7 p.m. The program is free and all are welcome to attend.

If you are changing jobs or planning to retire in the near-term, what you do with your company-sponsored retirement plan will have a big impact on your future.

There are five top choices for retirement savings when you leave your current employer:

1) Leave it in your current plan

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2) Move it to a new employer plan

3) Roll it to a Traditional IRA 

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4) Roll it to a ROTH IRA

5) Lump sum distribution

With the pending U.S. Presidential Election and Congress’ decision on Tax Law Changes at the end of 2012 tied so closely to who wins, it will be crucial to understand the potential impact of the proposed changes and how your investment could be treated. 

Understand your choices and the tax treatment upon those choices.  Financial advisors Richard Callaghan, Mary Parker and Christina Gentile of R. Seelaus & Co. in Summit will present the information that you need to make the best decision for you.

Join us for this informative financial education seminar at the New Providence Memorial Library on Tuesday, October 2 at 7 pm. This program is free and open to all.


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