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THE REVERE ADVOCATE – THURSDAY, JULY 3, 2025 Page 19 RevereTV Spotlight E veryone loves a comeback story! The Bagel Bin has officially reopened at its original location on Shirley Ave. RevereTV was able to cover the offi cial ribbon cutting ceremony on June 18th. Ward 2 Councillor Ira Novoselsky, Ward 1 Councillor Joanne McKenna, Ward 5 Councillor Angela GuarinoSawaya, Ward 4 Councillor Paul Argenzio, Councillor-atLarge Anthony Zambuto, and Mayor Patrick Keefe made it to the celebration. Councillor Novoselsky led the remarks, and Mayor Keefe also spoke. Watch the ribbon cutting ceremony as it plays on the Community Channel to hear what everyone had to say and how happy they are for this local business to reopen. RevereTV is still playing coverage of Revere Public Schools’ Celebration for Juneteenth held at Revere High School a few weeks ago. The event included speeches about the meaning of this holiday and the importance of its recognition. There was live music, dancing, poetry and many more speeches. Watch the Celebration of Juneteenth on the Community Channel and YouTube. Recent cooking programs scheduled to air on RevereTV are “Fabulous Foods with Victoria Fabbo” and new officially to RTV, “Concilio de Mass.” In the most recent episode of “Fabulous Foods,” host Victoria Fabbo is joined by special guests Stephanie from Boston Asian Restaurant Week and Daniel from District Kitchen in Malden, MA. In “Concilio de Mass,” the hosts celebrate Panamanian African-Latin culture. They talk about rich traditions, vibrant cuisine, and the cultural heritage of Panama with a special guest who shares stories, fl avors, and insights from the Afro-Panamanian community. Both programs continue to replay on the Community Channel but watch and follow along at your own pace on RevereTV’s YouTube page. It’s the 4th of July weekend and many people traditionally spend lots of time outside at backyard barbecues. With that in mind, don’t forget to take care of those pesky mosquitoes. In the most recent recording of “In the Loop,” the city liaisons highlight Revere’s partnership with Northeast Massachusetts Mosquito Control. The city is off ering free mosquito spraying for private properties. Revere residents can request a spray at no cost now through September by visiting the website listed in the video, but the link can also be found on the city’s website. These “In the Loop” videos are recorded in multiple languages and posted to all RTV’s social media outlets and in between programming on all channels. After enjoying this first week of July on holiday, city meetings get right back to regularly scheduled programming. Until then, watch replays of the meetings that took place in June on RevereTV. RTV GOV is where you can fi nd the current rotation of replays playing on television. This channel is 9 on Comcast and 13 and 613 on RCN. All meetings are also posted to YouTube to view at your convenience. What Is a Spousal IRA? Dear Savvy Senior, What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost our retirement savings. My wife is a homemaker and caregiver, and works part time too, but her income is very small. Need a Boost Dear Need, Saving for retirement can be very diffi cult for married spouses who stay home to care for family or otherwise have scant income. But there is a little-known tax break offered by the Internal Revenue Service — known as a spousal IRA — that can help them, and their partner save for retirement. Spousal individual retirement accounts allow a working spouse to contribute to a nonworking or low-earning spouse’s retirement savings. They can be set up as a traditional IRA or Roth IRA, which allow couples to save for retirement on a tax-deferred or tax-free basis. How They Work A spousal IRA isn’t a unique type of IRA or a joint account, but instead it is a separate IRA opened and owned in the name of the nonworking or low-income earning spouse. This will not only help boost your family’s overall retirement savings, but it provides non-working/lowearning spouses access to their own funds in an unforeseen event like the death of their spouse, divorce, or illness. To qualify for a spousal IRA, spouses must fi le taxes jointly as a married couple, and the working spouse must have enough earned income (taxable income such as wages, salary, bonuses, commissions, and self-employment income) to cover contributions for both parties. The process of opening a spousal IRA is also no different from opening a regular IRA. Brokerage fi rms and many banks and other fi nancial institutions off er IRAs. In 2025, each spouse under age 50 can contribute up to $7,000 annually to an IRA, or $8,000 annually for those over age 50, but the total contribution can’t exceed the taxable earned income reported on the couple’s tax return. Otherwise, the IRS limits contributions based on their earned income. Roth or Traditional? Deciding whether to open a Roth or traditional IRA depends on your tax situation and fi nancial goals. Traditional IRA contributions typically are tax deductible the year in which they are made and are benefi cial during high-income earning years. Contributions grow tax-free until they are withdrawn during retirement. Roth IRA contributions aren’t tax deductible the year in which they are made, but qualifi ed contributions plus any earnings grow taxfree and are withdrawn taxfree in retirement as long as the couple follows IRS rules. Among them: you must be 59? and have held your Roth IRA for at least fi ve years before you withdraw investment earnings tax-free and penalty-free. There are also penalties for withdrawals on traditional IRAs before age 59? unless the owner qualifies for an exception, and he or she must begin taking the annual withdrawals known as required minimum distributions (RMDs) from these plans the year he or she turns 73 (or 75 beginning in 2033). Roth IRAs don’t require RMDs until after the death of the owner. However, benefi ciaries of a Roth IRA generally will need to take RMDs to avoid penalties, although there is an exception for spouses. For more information on the IRS rules of both traditional and Roth IRAs see IRS. gov/retirement-plans/traditional-and-roth-iras. Send your senior questions to: Savvy Senior, P.O. Box 5443, Norman, OK 73070, or visit SavvySenior.org. Jim Miller is a contributor to the NBC Today show and author of “The Savvy Senior” book. REAL ESTATE TRANSACTIONS BUYER1 Cadavid, Lina M Castano-Ramirez, Hernan D Castillo, Raul A Lama, Sangam Pierre, Legend Rivera, Maria V Zamora, Daniel H BUYER2 Catano, Mateo G Alvarez-Perez, Alba J Burgos, Katherine Gabriel, Dorsainvil Molina, Carlos G Barahona, Belkis SELLER1 63 Johnson St LLC De Leon, Marlon Rock & Sons Prop Mangemen Isaza, Kevin R Li, Kevin Ipuz, Elsa Inv Investment LLC SELLER2 ADDRESS 53 Calumet St #53 320 Malden St 24 Larkin St 10 Walden St Torres, Rogeilo M 22 Lawrence Rd 197 Mountain Ave 141 Warren St Revere Copyrighted material previously published in Banker & Tradesman/The Commercial Record, a weekly trade newspaper. It is reprinted with permission from the publisher, The Warren Group. For a searchable database of real estate transactions and property information visit: www.thewarrengroup.com DATE PRICE 06.13.25 590000 06.13.25 1074000 06.12.25 910000 06.13.25 1175000 06.13.25 570000 06.11.25 739900 06.09.25 860000

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