Financial advisor Bill LaChance will offer a number of strategies to consider to help with cash flow during a career transition on Wednesday, February 18, fom 9:30 a.m. to noon at the Parsippany-Troy Hills Library, 449 Halsey Road.

Topics will include medical insurance through the Affordable Care Act, the impact of part- time wages on unemployment compensation and the tax deductibility of job hunting expenses. Bill will also talk about retirement savings, such as the pros and cons of rolling over a 401k/403b, tax implications of drawing down Roth and traditional IRA's and strategies to take advantage of lower marginal tax rates during the transition period.

Bill LaChance is a financial advisor who offers a unique flat fee program and helps people going through or contemplating a career transition make informed financial decisions with a focus on risk management and minimizing taxes and fees. Prior to launching his financial planning practice, he spent 22 years in corporate finance in the retail industry and before that was a CPA with a large accounting firm.  

He earned a B.S. in Accounting from Bryant University, an M.B.A. in Finance from Indiana University and completed the Financial Planning Certificate program at Fairleigh Dickinson University.  Bill is also an Enrolled Agent authorized to represent taxpayers before the IRS and provides tax consulting and preparation services.

Photo courtesy of LinkedIn.