Page 16 - PGA Community News - December '22

Page 16, PGA C.A.N.! December 2022 December 2022
Tax Talk

Dear Friends: New Kiosk Open For Business these kiosks are. I invite you to try the kiosk next time you
As the end of 2022 nears, renew your motor vehicle registration – it’s the fastest option
I want to take this time to If you live in West Palm Beach I have we offer! If you don’t live in West Palm Beach, visit www.
wish you a happy holiday exciting news for you! Renewing your pbctax.com/kiosks to find the location nearest you.
season and a wonderful vehicle registration just became more
new year. I am honored to convenient with our latest MV express
be your constitutional tax kiosk now available in the Publix
collector and I join the 320 Super Market at Village Commons
tax collector employees in located at 831 Village Boulevard in
saying that we are privileged West Palm Beach. With five locations
to provide you with service in Publix Super Markets throughout Palm
t h r o u g h o u t t h e y e a r. Beach County, our self-serve, ATM-style
Whether you visit us in person at one of our six service machines allow you to skip the line and
centers, or transact with us online or through the mail, our renew your motor vehicle registration and
mission continues to provide you with unparalleled service print your decal on the spot in minutes.
that inspires trust. We stand ready to meet your needs in Thousands of our county residents
2023 and are committed to delivering exceptional service have used these kiosks and I am pleased
whenever you need us. to hear how accessible and convenient Tax Talk on page 17
And don’t forget, if
you missed November’s 4
percent discount for your Financial Focus
property tax payment, you
can take advantage of the
3 percent discount if you Avoid Becoming “Burden” Genworth, an insurance company. You may want to consult
pay your property taxes On Grown Children with a financial professional on strategies for protecting
in December. Visit us at www.pbctax.com to use our yourself from these costs.
convenient online payment process. • Create necessary legal documents. If something were
On behalf of the entire tax collector team, have a safe By Sally Sima Stahl to happen to you, and you didn’t have the appropriate legal
and happy holiday season and a healthy New Year! Here’s an interesting documents in place, your loved ones could be placed in a
Sincerely, statistic: Some 72 percent bind, both financially and emotionally. That’s why it’s a
Anne M. Gannon, of retirees say one of their good idea to create documents such as a durable financial
Constitutional Tax Collector, biggest fears is becoming power of attorney, which lets you name someone to manage
Serving Palm Beach County a burden on their families, your finances if you became incapacitated, and a durable
according to a 2021 survey power of attorney for health care, which allows someone to
by Age Wave and Edward make medical decisions on your behalf if you can’t make
Wanted during retirement, what them yourself. You’ll want to work with a legal professional
Jones. Both before and
to develop the documents appropriate for your needs.
steps can you take to avoid
• Evaluate your housing needs. As you enter
burdening your loved ones retirement, you may want to evaluate your living
in the future? situation. Could you downsize to a smaller home,
People are vandalizing golf Here are a few suggestions: or perhaps a condominium or apartment? Not only
courses after play hours. • Build your retirement savings. The greater your might you save money with such a move, but you
financial resources, the less likely it becomes that you’d could also end up relieving your grown children of the
Sand traps, greens and ever have to count on your grown children for financial responsibilities and hassles involved in clearing out and
fairways are being damaged. support. You may have access to a 401(k) or similar selling your home should you become unable to do so
If you see anyone on courses retirement plan at work, so take advantage of it. Even with yourself during the later years of your retirement.
an employer-sponsored plan, you also may be eligible to By taking these measures, along with others, you can
after hours, please call POA contribute to an IRA. In addition to offering a variety of go a long way toward maintaining your independence and
Security at 627-1600 or investment options, a 401(k) and IRA provide potential tax putting yourself in a place where you won’t burden your
Resort Security, 627-2000. advantages. And once you do retire, be careful about how grown children. And that’s a good place to be.
much you withdraw each year from your retirement plans This article was written by Edward Jones for use by
Thank you. and other investments. your local Edward Jones Financial Advisor, Edward Jones,
• Plan for health care costs. Once you are retired, health Member SIPC.
care costs will be a significant expense. You may have Edward Jones is a licensed insurance producer in
Medicare, but you’ll also want to consider your need for all states and Washington, D.C., through Edward D.
John Deloach supplemental health insurance to cover traditional medical Jones & Co., L.P., and in California, New Mexico and
Massachusetts through Edward Jones Insurance Agency
costs. And you’ll want to consider another potential health-
Experienced Driver related expense: long-term care. You may never need the of California, L.L.C.; Edward Jones Insurance Agency of
services of a home health aide or a stay in a nursing home, New Mexico, L.L.C.; and Edward Jones Insurance Agency
For your errands and airport transportation but no one can predict the future. of Massachusetts, L.L.C.
Ride in my Lincoln Medicare does not cover most costs for long-term care, Edward Jones, its employees and financial advisors
Continental which can be quite high. In 2021, the annual national cannot provide tax advice. You should consult your
median cost for a private room in a nursing home was qualified tax advisor regarding your situation.
References available over $108,000, while the median cost for a full-time home Contact us at (561) 748-7600, Sally Sima Stahl, AAMS,
upon request health aide was nearly $62,000, according to a survey by 1851 W. Indiantown Road, Ste. 106, Jupiter, FL 33458.
Please call (561) 310-1063 Paid Advertisement

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