retirement

Deke DiMarzo, a 30-year law enforcement officer who turned his interests and energies to history upon his retirement, will present “The Paiute Wars” and “Camels on the Comstock and Other Interesting Information” at the Gold Hill Hotel Thursday Night Presentation Series on Thursday, March 31.

Recently, we’ve been reflecting on our experiences over the past year of public service together and the lessons we’ve learned.

Many of those lessons are unique to the particular functions of the Controller’s Office and include managing the departments of the office. But we also made more topical observations about our experience and how it has helped to shape and refine our views.

CARSON CITY, Nev. – Assemblyman PK O’Neill filed today for re-election to his Assembly District 40 seat, encompassing Carson City and parts of southern Washoe County east of Highway 395.

“I filed because I believe that the Capital District deserves effective representation in the Nevada Assembly,” the Carson City Republican said. “When I originally filed, I pledged to listen to everyone in Assembly District 40, to consider their views and all available information, and to apply my own principles in voting for legislation. I believe that my actions are in accord with the majority of my constituents.”

UPDATE 4:33PM: The owner of Lake Tahoe Brewing Company was arrested Monday on a felony theft warrant involving brewing equipment sold to a man in British Columbia in which he paid the suspect $45,000 for equipment he never received, a Carson City sheriff’s detective said.

Michael Fondi, a former Nevada First District Court Judge in Carson City, died at his home this morning, according to Fitzhenry’s Funeral Home. He was 78.

Fondi had been in home hospice care when he died, said Fitzhenry’s General Manager and Funeral Director Jim Smolenski. No funeral arrangements have been made at this time and will be forthcoming.

Carson Tahoe Health would like to recognize Jacob Watts, CNA and former CNO Cathy Dinauer, MSN, RN for being appointed by Governor Brian Sandoval to serve the Nevada State Board of Nursing in their new respective roles. Cathy is now the Executive Director, and Jacob is a new Board member representing CNAs across the State.

The four children of Jack and Margie Gibson have honored their parents’ decades-long service to the Nevada State Railroad Museum, Carson City, with a $40,000 donation that enabled the museum’s latest exhibition.

In a survey by the National Association of Professional Geriatric Care Managers, "71 percent of care managers surveyed said financial abuse and/or exploitation of the elderly is a growing problem."

It seems about 1 in 5 folks age 65 or older have been victimized by financial fraud. The National Council on Aging said "over 90 percent of reported elder abuse is committed by the older person's own family members."

The Sierra Nevada Chapter of the Public Relations Society of America celebrated six individuals, four Silver Spike awards and a number of other awards during its 2015 Silver Spikes banquet, held Thursday, Nov. 19, at the Peppermill Resort Spa Casino.

The 29th Annual Silver Spike Awards ceremony celebrated the PR and communications profession and professionals with the theme ‘Reimagine, Reinvent, Repurpose.’

Today we’re thankful that the widely despised Commerce Tax is moving toward a Nevada voter referendum.

Acting for the concerned citizens of RIP Commerce Tax, Inc., Ron filed a referendum petition on that tax in October. Tax-hike advocates brought a meritless law suit seeking to deny you a vote on it. RIP filed its answer, and a hearing on the case will be held 9 AM Wednesday, December 2 at Carson City’s court house. After defeating this suit, we’ll have legions of folks gathering signatures to put it to a vote next November.

Most IRA owners know they are to begin taking annual Required Minimum Distributions either in the year they are age 70.5 or by April 1 of the following year.

The State of Nevada does not impose or charge any death taxes or inheritance taxes. We tend to take that benefit for granted. But some states do have a death or estate tax. Connecticut charges 12 percent tax on total Connecticut assets left at death that are greater than $2,000,000. Massachusetts charges 16 percent death tax on assets greater than $1,000,000.

Rhode Island death tax is 16 percent on assets greater than $1,500,000. Minnesota charges 16 percent death tax on assets greater than $1,200,000. Some other states also tax assets transferred (left) at death.

Robert and Cecelia Stansbury had always planned to travel once they retired, but they had no idea where the journey would take them.

In preparation of leaving their jobs in the Bay area — he as a high school biology teacher and she as a legal assistant — they sold their share in a cabin in Hope Valley. With the proceeds, they bought an Airstream trailer.

CARSON CITY, Nev., – Sept. 23, 2015 – Bruce Bergantz reached a major 25-year milestone this with Allstate Insurance this year. After more than 30 years in the insurance industry, Bergantz opened his own Allstate agency five years ago to help Carson City residents protect what matters most to them — their families, their homes, their automobiles and their lives.

A memorial service to remember the Sept. 11, 2001 terrorist attacks will be held at Mills Parks Friday beginning at 8:30 a.m. The service is at the World Trade Center Steel I Beam located at the eastern edge of Mills Park in Carson City.
The beam was given to Carson City by the Port Authority of New York to mark that fateful day. The public is invited.

It is clear, getting divorced can be a time to consider some financial matters. If the house is sold before the divorce, the full $500,000 home sale gain exclusion rules can apply. Some folks are well advised to sell the home and both parties get new housing.

That can help reduce costs of insurance, property taxes and interest if there is a mortgage. Now that real estate prices are moving up again, you might be better off to sell the house.

Late last year, Congress finally passed various tax law extensions. That did not give much time for individuals and business owners to react. By waiting until the last few days of the year, it did show Congress does not understand the importance of having tax laws that are consistent and easily understood.

With 15 major Republicans already declared – the best presidential field since Ronald Reagan ran for re-election – GOP voters should be able to tap a very strong candidate to lead their party next year. Which one would best unify and represent them?

Good cases certainly can be made for (in alphabetic order) Dr. Ben Carson, Ted Cruz, Carly Fiorina, Mike Huckabee, Bobby Jindal, Rand Paul, Rick Perry and Marco Rubio. But we think Scott Walker offers the best package of strong executive experience, personal qualifications and reliable, across-the-board limited-government reform politics.

Of course you need to consider the financial aspects of living in retirement. But thinking about when to retire is also important. First there is being emotionally ready. For some folks, their work provides a sense of fulfillment.

Now that Harry Reid has announced his retirement from the U.S. Senate, there’s no shortage of elected officials interested in the job. But Las Vegas City Councilman Bob Beers won’t be one of them....

Courtney Warner has been selected as Carson City’s new Senior Center Director. A panel consisting of Senior Center Advisory Board members, and City Staff recently conducted interviews for the position. Mrs. Warner was selected after careful review of the applicants’ work experience and education.

Military Money: a financial education event for Military veterans over 50 is coming to Carson City on Saturday, June 27. The event is hosted by the Nevada State Treasurer's Office and Women's Money.
Space is very limited. More than $100 in books and resources will be given to attendees. There is also an opportunity to receive a $50 grocery card just for attending.

A client recently said, “I want to convert my regular IRA to a ROTH IRA so when my kids inherit, they don’t have to pay income tax on the distributions. I realize I will be taxed on the value that is converted. I prefer to pay that income tax so my kids will not have to pay…”

Assemblyman Randy Kirner, R-Reno, said Sunday his bill to convert the Public Employees Retirement System into a hybrid system offering new hires a modified 401K is dead this legislative session.He said the bill will i...

The bill reducing annual credits Nevada public employees accrue toward retirement is on its way to the governor.Effective for those public workers hired on or after July 1, 2015, that annual credit would be 2.25 perce...

The Nevada Assembly has passed a bill aimed at saving the state’s Public Employees Retirement System $1 billion every 10 years. Assembly members voted 41-1 on Friday to pass SB406, which is sponsored by Republican Sen...

A Publicly Traded Partnership usually has passive income (interest, dividends, real property rental income, gains from selling real estate, mining and natural resource income, gain from selling capital assets and property held for the production of such income.

An informal presentation on the Public Employees’ Retirement System and the ramifications of pending legislation in the Nevada Legislature drew about 125 people to the Oasis Community Church on...

The Senate and Assembly money committees have both approved the operating budget for the Public Employees Retirement System.The decision includes adding a General Counsel for PERS to begin handling litigation in-house...

The Senate and Assembly money committees on Friday both approved the operating budget for the Public Employees Retirement System.The decision includes adding a General Counsel for PERS to begin handling litigation in-...