You might not think that 70 ½ represents any particular milestone. But when you do reach this age, you will have to make some decisions that affect an important aspect of your life — your retirement income. Here’s the background: Once you turn 70 ½, you will need to start taking withdrawals from … [Read more...]
Board Of Directors Elect Officers
The 2015/16 Board of Directors met to elect positions. The following board members have been selected. No decision has been made at this time to fill the vacant seat. … [Read more...]
Roth IRA: For Your Retirement … and Beyond
If you’re somewhat familiar with investing, you may know that the Roth IRA is a great retirement-savings vehicle. But are you aware that some of its benefits can also pay off for the next generation of your family? To understand why this is so, it’s necessary to be familiar with a Roth IRA’s … [Read more...]
You Can Cope with Turbulence…As a Passenger and an Investor
If you’re like many travelers, you get a little nervous when your airplane goes through some turbulence. And if you’re like a lot of investors, you may get somewhat jumpy when the financial markets are volatile. Yet flight turbulence probably isn’t as scary as it seems, and the same may be true for … [Read more...]
Annual Town Hall Meeting
Mark you calendar for the Annual Meeting on Tuesday, July 14 at 5 p.m. in the Fairfield Bay Conference Center. Results of the election will be announced and the financial position of the Club will be presented. … [Read more...]
What Are the Key USES of Cash?
As an investor, you may find that the elements of your portfolio that seem to draw most of your attention are stocks and bonds. After all, these investment vehicles, and others derived from them, provide you with potential growth and income opportunities — which is why you invest in the first place. … [Read more...]
Work Toward Your Own Financial Independence Day
It’s almost the Fourth of July — time for fireworks, picnics and a reflection on all the liberties we possess in this country. But if you’re going to enjoy the freedom to do the things you want, especially during your retirement years, you’ll want to take the steps necessary to achieve your own … [Read more...]
FFBCC Annual Meeting July 14th FFB Conference Center
A member of the current FFBCC Board, in the first year of his 3 year term, resigned in the midst of the election cycle. Review of the bylaws and consultation with our attorney, determined the appropriate course of action was to permit the election process already in motion to proceed normally. The … [Read more...]
The Little Red Restaurant Awarded the 2015 TripAdvisor Certificate of Excellence
Recognized as a Top Performing Restaurant as Reviewed by Travelers on the World’s Largest Travel Site. The Little Red Restaurant at Fairfield Bay announced today that it has received a TripAdvisor® Certificate of Excellence award for a second year in a row, 2014 and 2015. Now in its fifth year, the … [Read more...]
New Contribution Limits Make 401(k) Plans Even More Attractive
If you are interested in saving for retirement, here’s some good news: For 2015, the IRS has raised the maximum contribution limits for 401(k) plans from $17,500 to $18,000. And if you’re 50 or older, you can put in an extra $6,000, up from $5,500 in 2014. These same limits also apply to 403(b) … [Read more...]
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