BY DAVE BARTRUFF
Doing income taxes this year for the AARP TaxAide program, I had the opportunity to talk to Panorama residents who were dealing for the first time with having to begin making withdrawals from their IRA accounts due to the Required Minimum Distribution (RMD) laws that kick in at age 70½. Many were shocked by the amount of additional income taxes that had to be paid on these distributions and some wondered what they could do to minimize the additional income taxes.
Sadly, the RMD laws can’t be avoided. They are the last phase of the “pay me now or pay me later” choice that was given to everyone back in the 70’s when traditional IRA’s were created with the promise of being able to avoid income tax on contributions and their growth until they were withdrawn. Continue reading “Qualified Charitable Deductions”
BY GAIL MADDEN
February 9th, 2017
The Benevolent Fund Board wants you to mark 3:00– 5:00 p.m. on the afternoon of February 9th on your calendar and come to the Annual Fund Drive Kick-off Silent Auction. This year the theme is Mardi Gras Masquerade. Please join us for a glass of wine, appetizers and a 50/50 raffle as well as a silent auction of goodies, services, and treasures you can bid on through the afternoon. And don’t forget to wear a Mardi Gras masque and perhaps win a prize. What about a sailboat ride or a catered picnic, movie tickets, some cookies, or a spring garden basket? Individual items as well as small and large baskets of items will be up for auction. The 50/50 Raffle is a chance to buy a ticket where one winner will split the proceeds of the raffle with the Benevolent Fund––certainly that’s worth a chance or two. Continue reading “Mardi Gras Masquerade Madness Gala and Silent Auction 2017”
BY CAROL THOMAS
Friday, December 2, 2016
10:00 am – 3:00 pm
Saturday, December 3, 2016
10:00 am – 2:00 pm
The activities at the Stiles-Beach Barn are integral to the success of the Panorama Benevolent Fund. An especially festive event is Santa’s Shop, celebrating its 12th year. Mark your calendars! Santa’s Shop is a special sale for Panorama residents, staff and merchants. Santa’s Elves greet visitors, hot apple cider and cookies add to the holiday spirit and, of course, there are items to help decorate your home, inside and out, and gift items suitable for family and friends. You will find wreaths and Christmas trees of all sizes; some of these have already been decorated for you. Holiday décor items including scores of ornaments will add cheer to your home. Gifts include pictures and beautiful hangings, collectibles of all kinds…cut glass, crystal, table decorations, figurines, and linens and tablecloths with delicate embroidery. And don’t forget the famous Santa’s Shop Mustard!! The Panorama Benevolent Fund wishes you a wonderful holiday season. Join the fun, and let it begin with your visit to Santa’s Shop at the Stiles-Beach Barn!