Welcome to The Retired Member's Assoc. of the NYC Fire Dept.
NEW PAGE ADDED TO WEBSITE...
DEDICATED TO THE 20th ANNIVERSARY OF 9-11-01
DEDICATED TO THE 20th ANNIVERSARY OF 9-11-01
DEDICATED TO THE 20th ANNIVERSARY OF 9-11-01
On this new page we will present articles pertaining to the 20th Anniversary. See our First Entry on our
OUR FIRST ARTICLE:
DEDICATED TO THE 20th ANNIVERSARY OF 9-11-01
DEDICATED TO THE 20th ANNIVERSARY OF 9-11-01
Read all about this 9-11-01 foundation
on our New Page<click
THANK YOU JAKE LEMONDA & GOOD LUCK
Jake Presses Onward...
I have written to you many times over the course of my 12 year tenure serving the membership as a trustee then president of the UFOA. This letter is written with mixed emotions as I consider the course I am about to take. My time as your union President has been one of the greatest privileges of my life. The trust you have given me allowed me to make decisions on your behalf with great clarity. I am asking for your trust and support once again. Following serious consideration and discussion with the UFOA Board, I have decided to run for the position of General Secretary Treasurer of the IAFF. Many of you are aware that our current IAFF President has chosen not to seek another term. The current GST is now running for the Presidency. These circumstances leave the GST position open, creating an opportunity to bring the benefit of my experience as your President to the position of GST.
Loyal To The End:
The importance of a strong union at the local, state and international levels cannot be overstated. Operating independently, but yet in unison, where the mission is to fight and protect our wages, benefits and pensions, while keeping the health and safety of all members at the forefront. The IAFF has been built on a good foundation. However, recent events have put our Union in harm's way. A lack of transparency and financial responsibility by some in leadership has left our members exposed and our organization in need of reform. Having someone as General Secretary Treasurer from the outside, who can partner with our district VP’s and our General President, is what we need now to strengthen the IAFF foundation we all depend on. This belief has led me to this decision. I will continue in my role as UFOA President until after the IAFF elections which are scheduled to be held in January. The results of the election will determine if I complete my final year. I would like to thank the entire membership for the support you have shown throughout the years.
THE RMA Executive Board and The Members of the RMA Support Jake
We wish Jake, Good Luck in his endeavor to become the GST of the IAFF.
TO DONATE TO JAKE'S FUND CLICK HERE: https://jakeforgst.org/
NYC FIREFIGHTERS SALUTE NYC NURSES
53 BATTALION SALUTE-
MANHATTAN COMPANIES SALUTE-
ENGINE 305 & LADDER 151 SALUTE-
BRONX COMPANIES SALUTE-
FIRST BATTALION SALUTE-
BATTALION 6 & 8 SALUTE-
AN IMPORTANT MESSAGE FROM SOCIAL SECURITY:
“I want to provide an update to people who receive benefits from the Social Security Administration-
The Department of the Treasury (Treasury) announced on April 1 that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an economic impact payment. The IRS will use the information on the Form SSA-1099 to generate $1,200 economic impact payments to Social Security beneficiaries who did not file tax returns in 2018 or 2019."
For more information, please visit https://www.ssa.gov/news/press/releases/.
CDC INFORMATION
- CLICK ON THE LINK BELOW TO VISIT THE CDC WEBSITE. PLEASE VISIT THIS SITE EVERYDAY TO GET THE REAL NEWS OF WHAT IS GOING ON WITH THE CORONA VIRUS.
https://www.cdc.gov/coronavirus/2019-ncov/index.html
CLICK HERE TO GO TO OUR NEW PAGE ON THIS SITE:
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You Can Now Wait Until 72 To Take Required Minimum Distributions. But Should You?
The Secure Act increased the required minimum distribution (RMD) age from 70 1/2 to 72, marking the first change to the RMD age since first becoming law in 1986. The age increase will only apply to anyone born on or after July 1, 1949. Now that some taxpayers will be able to defer distributions from retirement accounts until age 72, should they? It turns out, tax-deferred growth isn’t always a no-brainer.
First, as a practical matter, many retirees can’t actually afford to hold off on using their retirement savings until they’re 72. Even for those who can wait until they reach RMD age, it might not make sense to. The ‘right’ withdrawal strategy will depend on multiple factors, which change over time along with the laws, tax code, and the individual’s personal financial situation.
Here are some of the important considerations to discuss with your financial and tax advisor as you draft a retirement income strategy.
Taking advantage of low tax brackets
Especially for investors who have already retired, tax planning can really pay off. If you’ve already retired and don’t need income from retirement accounts before age 72, you could be living off funds from a taxable brokerage account and perhaps Social Security, too. Depending on your finances, this could land you in some of the lowest tax brackets.
In 2020, married couples filing jointly are in the 12% marginal tax bracket until $80,250 of taxable income before progressing into the 22% rate on the next dollar of income. For couples with less than $80,000 in taxable income, they may pay no tax at all on long-term capital gains!
In this type of situation, it could be advantageous for taxpayers to consider accelerating the realization of income to ensure they’re able to take full advantage of a favorable tax bracket. With some planning, you could calculate how much to take from tax-deferred accounts to stay under the next marginal tax bracket increase (or whatever metric makes sense for your tax and financial situation).
About Us
Who We Are
Get Involved
Get Involved
We are Retired NYC Firefighters of all ranks. We meet five times per year at two locations; 901 Lakeville Road in New Hyde Park and 3051 Nostrand Ave in Brooklyn, NY. Through our Newsletter and this website we hope to keep you informed about your pensions.
Get Involved
Get Involved
Get Involved
Are you passionate about what we're doing? Let us know! We are always looking for volunteers to help us make our organization better for our members. We'll help you find a way to volunteer that best suits you. We're excited to have you join the team!
Thank You
Get Involved
Thank You
Whether you help through monetary donations, volunteering your time, or spreading our mission through word-of-mouth, thank you. We couldn't accomplish our goals without the help
of supporters like you.
JOIN US THE OLD FASHION WAY :
HERE'S HOW TO JOIN:
RETIRED MEMBER'S ASSOCIATION, INC
Fire Department City of New York
ORGANIZED JANUARY 1ST, 1946
APPLICATION FOR MEMBERSHIP
We offer three types of Membership.
Life Membership- one time payment of $150.00 gives you a gold RMA Membership Card and our periodic newsletters. This is for new members.
Life Membership-for existing members with a minimum total of
10 consecutive paid dues years. One time payment of $75.00 gives you a Gold RMA Membership Card and our periodic newsletters.
Annual Membership-Annual dues of $15.00 gives you 1 year of membership with associated Card, and one year of issued Newsletters.
Once you have decided on
the type of Membership you desire, download the PDF Application above, fill out and send with your check
made payable to the RMA
and send via US Mail to:
The RMA
PO Box 1332 Baldwin, NY 11510
Attn: Jim Hayhurst
(Membership Chairman)
