BATESVILLE
DOVER
FRANKLIN COUNTY
Page 4B THE BEACON June 2018
BATESVILLE
By Sue Siefert
Community Correspondent
O ur
St . Louis School first and second grade racing readers
Erin Trenkamp and Spencer Mack
Communities
batesville @ goBEACONnews . com
Congratulations to BHS principal , Andy Allen , who has been selected as the 2018 District 10 High School Principal . District 10 includes Dearborn ,
Andy Allen Decatur ,
Fayette , Hancock , Jennings , Ripley , Rush , Shelby , and Union Counties .
Check out these St . Louis School first and second grade racing readers as they prepare to ride the Radio Flyer Big Wheels donated by the Joan and John Hillenbrand Vision Fund ! Second-grade teacher Jan Narwold reports , “ For every one hundred minutes these young learners read , they get to take a lap around the playground to prepare for the “ Little 500 ” at the end of the school year . What a great way to encourage learning and exercise !”
Well done Spencer Mack ! This St . Louis School eighthgrader entered the Indiana Money Smart Kid Essay contest . He earned the GRAND PRIZE , receiving $ 1000.00 for his college fund . Also , SLS Economics teacher Erin Trenkamp ( shown with Spencer ), was awarded $ 250 to spend on her Economics class , as well as the admission fee for a summer economics conference .
As Memorial Day approaches , the City of Batesville will honor veterans through its Military Recognition Banner Program spearheaded by Community Development Director , Steven Harmeyer , who noted , “ This project will showcase veteran banners from Memorial Day to Veterans Day on downtown light poles , and will include a walking guide with biographical information .” Mayor Mike Bettice added , “ This is our way of thanking the veterans and active duty servicemen and women in a more personalized fashion for the many sacrifices they ’ ve made .”
That ’ s Sue ’ s news for now !
DOVER
By Ray Johnson
Community Correspondent
dover @ goBEACONnews . com
As I sit down to write this , the sun is shining . Various hues of green are emerging and becoming visible on the bushes and trees that have been bare and dormant for the past months . A change of season is beginning to sprout new life and I , for one , am looking so forward to it . Grass mowings are being checked off of the list , dependent on the weather . Shrubs and trees need pruning for new blooms of beautiful life to become exposed . The weather forecast is showing a high near 80 degrees in just a few days . Change is in the air .
A year ago , I was planning a trip of a lifetime , of sorts . My pilgrimage to the Holy Land , shared with many friends , was a beautiful opportunity . This June , another group of pilgrims from All Saints Parish and the surrounding community will be traveling to the Holy Land . I hope and pray that their experience is as wonderful . Not a day that passes that I do not have a beautiful thought of my trip . These thoughts were very prevalent during Lent and the Easter season . I am grateful to have had the experience and opportunity to take that trip .
Ron and Donna Gaynor are excited about the latest addition to their growing family . On March 16 Molly and Josh Mason welcomed their first child , a son named Caleb Lee Mason . Caleb weighed 8 lbs ., 3.4 ounces and measured 20.5 inches long . Caleb is Ron and Donna ’ s second grandchild . Congratulations to all .
Happy Anniversary to Russell and Leona McCann . They celebrated their sixtyfifth wedding anniversary in April surrounded by family and friends . May they both celebrate many more healthy and happy years together .
Congratulations to my
FRANKLIN COUNTY
By Alice Priessman
Community Correspondent
franklin @ goBEACONnews . com
Claudine Mae Rader was born September 16 , 1932 . She and her husband Arnold , who preceded her in death ,
Claudine Rader had seven children . They also had sixteen grandchildren and twenty-three great-grandchildren . Claudine impacted everyone she met . She passionately served her community , loved her church , and believed in the power and the importance of family .
Claudine was a very community-minded individual who dedicated her life to serving her neighbors . She was a member of the Mt . Carmel United Methodist Church , the United Methodist Women , Brookville Kiwanis Club , Franklin County Republican Women ’ s Club , the Red Hats Club , Franklin County Farm Bureau , American Legion Ladies Auxiliary , and the Springfield Township Women ’ s Club . She served on the Mt . Carmel Cemetery Board , Franklin County Board of Elections , Franklin County United Way , as well as Franklin County Relay for Life . She also volunteered for
father , Chuck Johnson , who celebrated his eighty-fifth birthday on April 26 . My mother , Thelma Johnson , will celebrate eighty-four years young on May 17 . Happiness and health to them both .
As we enter this next season in our lives , may we strive to make small changes to improve our health , our relationships , our attitudes , and our spirit for life . Just as we prune our trees and plants in our yards and gardens , may we shed the negative in our lives and accentuate the positive . May each of us find a way each day to become a more radiant light to everyone we meet . Let ’ s be a Beacon of light …
Please feel free to share any news , special stories , or announcements that are happening in your lives .
the Franklin County EMS for over twenty-eight years .
Claudine passed away at the age of 85 . To carry on her legacy and honor her memory , family members have established the Claudine Rader Scholarship for Outstanding Citizens within the Franklin County Community Foundation . The scholarship will award a student who gives back to their community the way she did . It will be awarded annually to a graduating Franklin County High School student with a minimum 3.0 GPA who plans to attend a two- or four-year college . The student must have at least fifty community service hours during the year prior to applying and must write an essay describing their efforts to improve their community .
Yummy “ real ” tomatoes . The ones grown and harvested from a garden , not a greenhouse . I asked Julie , one of our head growers to share her secret . Her answer , sprinkle Epsom Salts around the base of the plant just as you would a fertilizer . Why ? Epsom salts are actually not salt but magnesium sulfate , magnesium , and sulfur . When used with tomatoes and peppers you can see larger and more flavorful yields . Besides being essential for seed germination and the production of chlorophyll and fruit , magnesium strengthens cell walls and the plants ’ uptake of other minerals , such as nitrogen , phosphorus and sulfur . Signs of low magnesium may be leaf curling , yellowing of the leaves , stunted growth or lessened sweetness . Epsom salts is highly soluble and won ’ t build up in the soil . Happy gardening .
Taxes Have Been CUT !
On Friday , December 22 , 2017 , President Trump signed the Tax Cuts and Jobs Act of 2017 into law 1 . This controversial piece of legislation decreases the marginal income tax bracket for many Americans , thus opening opportunities to save on income taxes . However , this opportunity has a time limit and many of the income tax provisions are expected to expire in 2026 .
One of the largest opportunities provided by the new tax law involves Roth Conversions . With lower marginal tax brackets , many investors can begin to convert taxdeferred dollars into tax-exempt dollars , at a lower tax cost in 2018 compared to 2017 . By converting pre-tax dollars ( i . e . IRA ) to tax exempt dollars ( i . e . Roth IRA ), investors can take advantage of the lower conversion cost while avoiding future taxes on this investment .
Prior to the new tax law , let ’ s say a married couple wanted to convert an IRA worth $ 200,000 to a Roth IRA and assuming they were in the 15 % income tax bracket
according to the previous tax rates . The cost of the Roth Conversion may have pushed them into the higher income tax bracket , meaning that the federal income tax cost of the conversion would have been approximately 28 %. In other words , they would pay $ 56,000 in taxes to convert their $ 200,000 IRA to a Roth IRA . 2
Using similar taxable income levels but applying the new tax rules in the Tax Cuts
“ With lower marginal tax brackets , many investors can begin to convert tax-deferred dollars into tax-exempt dollars , at a lower tax cost in 2018 compared to 2017 .”
— Roger Ford
and Jobs Act of 2017 , the tax cost of converting to a Roth IRA would be approximately 22 % or $ 44,000 . This is a difference of $ 12,000 , offering a savings of over 20 %. Taxes are on sale ! The savings do not stop there . In performing this conversion , future taxes can be avoided whenever the owner needs to draw on the assets for income or when the money is transferred to their beneficiaries upon their passing , as long as you have owned the account for more than five years . Also , the owner of the account will no longer be required to take out money in the form of required minimum distributions ( RMDs ) from the account .
If you have traditional IRA or other tax-deferred assets , the fact of the matter is that Uncle Sam will not allow you to defer taxes indefinitely . Now is a great time to lock in tax savings before the rates expire in 2026 . Don ’ t miss out on this potential opportunity , talk to a financial advisor today .
1 https :// www . nbcnews . com / politics / politics-news / trump-signs-tax-cutbill-first-big-legislative-win-n832141
2 https :// www . bankrate . com / finance / taxes / tax-brackets . aspx
Conservative Financial Solutions | Roger L . Ford 10403 Harrison Ave . | Harrison , OH 45030 513.367.1113 | ConservativeFinancialSolutions . com
The hypothetical example is provided for illustrative purposes only ; it should not be construed as advice designed to meet the particular needs of an individual ’ s situation .
Securities offered through Madison Avenue Securities , LLC ( MAS ), member FINRA / SIPC . Investment advisory services offered through AE Wealth Management , LLC , a Registered Investment Advisor . MAS and Conservative Financial Solutions are not affiliated companies . AE Wealth Management and Conservative Financial Solutions are not affiliated companies . Investing involves risk , including the potential loss of principal . Neither the firm nor its agents or representatives may give tax or legal advice . Individuals should consult with a qualified professional for guidance before making any purchasing decisions . AW0318222
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