BMM Employee Receives Retirement Income Certified Professional Designation

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DALTON, Mass. — Berkshire Money Management's (BMM) team member, Jared Reinstein, has recently earned his Retirement Income Certified Professional (RICP) designation from the American College of Financial Services. 
 
Reinstein is a Certified Financial Planner and a fiduciary at BMM, and a graduate of SUNY Plattsburgh.
 
"The financial industry recognizes the Certified Financial Planner™ designation as the highest level of training," said BMM founder and CEO, Allen Harris. "There are only about a dozen CFPs in the county, and Berkshire Money Management has not one, not two, but three. Including Reinstein. Reinstein could have relied on his existing skills and the support of his colleagues. Instead, he embraced the continuing education culture of BMM and added to his 14 years of experience with even more training."
 
The RICP program empowers financial professionals with the knowledge they need in today's fast-growing retirement planning market. The program is tailored for financial professionals seeking to specialize in the retirement income planning field through an online format. Reinstein had to take three rigorous courses with different specialized topics related to retirement income strategies and ethics and pass three exams to receive the special designation. Additionally, participation in the annual Professional Recertification Program (PRP) is required to maintain the designation.

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Dalton's Single Tax Rate Drops, Bills Slightly Increase

By Brittany PolitoiBerkshires Staff
DALTON, Mass. — The town's tax rate is estimated to drop by about 11 percent but residents will see a slight increase in their tax bill due to rising property values.
 
The select board on Monday voted to set the fiscal year 2023 residential factor at 1 with a corresponding CIP shift of 1, resulting in an estimated single tax rate of $18.44 per thousand in valuation.
 
The tax rate is a $2.30 decrease from the previous fiscal year's rate of $20.74 per hundred thousand, but it does not mean that bills will decrease.
 
Residential property values have risen about 14 percent from FY22, bringing the average home from $235,381 to around $271,929.  With this, the average homeowner's annual tax bill will rise by around $114 dollars to about $4,995.
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