On March 14th in Berwyn: `Retirement Tax Planning’

Though death and taxes might be considered the only certainties in life, understanding how taxes affect your retirement income is far from sure.

What’s true one year might no longer be the case the next, after revisions to the tax code are implemented. As a result, financial planning to keep the most of your life’s hard-earned dollars is an ever-evolving endeavor.

This dynamic subject is the focus of a special seminar, “Retirement Tax Planning,” led by a retirement expert and hosted by the Berwyn Public Library on Tuesday, March 14th. Starting at 6:30 p.m., Dr. Jim Flanagan of Bentron Financial Group will provide insights that help people navigate the retirement tax maze.

The library is located at 2701 S. Harlem Ave. To register for the free session, visit https://berwynlibrary.libcal.com/event/9980615. You can also register by contacting the library’s Adult Services department at 708-795-8000, x. 6300.

“If you're nearing retirement or already retired, you need to understand how taxes—including the new 2018 changes—impact retirement income,” Flanagan said. “Each person’s tax situation is unique, and the tax rules can change from year to year. That’s why so many people find it challenging to get accurate and timely information.”

Among other topics, Flanagan will equip people with the most up-to-date and comprehensive information regarding retirement taxation, including ways to efficiently harvest any combination of income sources, such as Social Security, 401(k)/IRA, and other sources.

Flanagan has attained certification as a Master Registered Financial Consultant, a distinction that reflects integrity and transparency in business and is achieved by fewer than one percent of financial professionals.

Flanagan founded Bentron Financial Group in 2001. He has provided financial guidance to people at or near retirement age for over 30 years. In that time, he has become a nationally recognized expert on financial issues impacting older adults and late-life transitions. Flanagan is the author of Packing For Retirement: A Practical Guide to Prepare for Retirement at Any Age.

He has served on the Oak Park/River Forest Township Senior Services Committee since 2008. In 2010, he founded the Celebrating Seniors Coalition, a not-for-profit organization that provides seniors with emergency services and raises public awareness of issues affecting seniors in Oak Park, River Forest and Forest Park. The organization's next Celebrating Seniors Week is May 11-18, 2023.

Bentron Financial Group is online at www.bentron.com.