WALLA WALLA -- A free senior tax and estate planning workshop will be offered by Financial Security, a division of Northwest Farmer-Stockman Inc. of Spokane. The workshop will be offered twice on Thursday, the first at 11 a.m. and the second at 5:30 p.m., at the Modern Restaurant, 2200 E. Melrose St. Each workshop concludes with a free meal.
Reservations are required to attend the free workshop and meal, and can be made by calling toll free, 1-800-858-6448.
The workshop will be presented by David Bosch, a licensed insurance professional with 30-plus years experience, speaking on the topics of IRAs, retirement plans, long-term care, Medicaid and Medicare. Bosch presents updates and changes in the world of retirement planning. He brings together professionals from the tax-, financial- and estate-planning communities to address the needs of those who become clients by attending the workshop.
Local representatives of Financial Security are Charlotte Eaton and Loyal Baker, both of Waitsburg. Eaton and Baker bring over 50 combined years of experience as small-business owners.
Eaton is a 1976 graduate of Dayton High School and a 1995 graduate of Eastern Washington University. She operated Clef Hangers Music Studio, teaching piano and voice, for 25 years, and has worked for Aflac and Bankers Life and Casualty before joining Financial Security in December.
Baker is a 1976 graduate of Waitsburg High School and a 1980 graduate of Eastern Washington University. He had a 29-year career in publishing as publisher of The Times in Waitsburg, selling the company in 2009. Baker joined Financial Security in December.
The workshop focuses on the retirement needs of individuals between the ages of 55 and 85 and provides information regarding managing retirement assets to best meet the needs of the individual. Attendees will hear about finding income in retirement, long-term care issues, taxes, IRAs and 401(k), as well as protecting assets from long-term care expenses, probate, how to protect their IRA from unexpected expenses, avoid capital gains tax, and more.