A JRB plan participant recently asked me about the IRS rules governing the inheritance of assets in his JRB account. Thank you for this question; the timing is perfect! Tax law has recently changed to create new categories of beneficiaries and establish new rules governing distributions. Our article summarizes the rules but we urge you to call us to answer specific questions about distribution options for beneficiaries.

It is with great sadness that we announce the passing of our long-time Board member Dr. Michael Halzel. As a teacher and representative of the Jewish Educators Assembly, Dr. Halzel improved the JRB's ability to extend retirement benefits to Jewish educators working in the Conservative Movement. We keep his memory in our heart.

Finally, a brief reminder to increase your retirement account contribution if you recently received a raise. Consider boosting your retirement savings by at least 1% of your salary. The contribution is pre-tax; you won't feel it in your take-home pay; and, you'll reduce your taxes while building financial security. Just speak to your employer about increasing your contribution.

As always, please contact us to discuss any aspect of your beneficiary designations or overall financial security. Send us an email with your question or call 888-JRB-FREE (572-3733).

L'Shalom,