If you have established either a Traditional IRA or a Roth IRA as a part of your retirement plan, you should understand the tax advantages and consequences of distributions.
Roth IRA contributions were made with money that was already taxed. If you are 59 ½ years old and have had your Roth IRA for five years, any money that you withdraw is tax free and penalty free to the owner of the Roth […]
The IRA is one of the most effective vehicles to help you prepare financially for retirement. The ability to contribute to an IRA is based on the individual’s “earned income”. If you are a stay-at-home member of a couple, you should know that you can also contribute to a traditional (before tax money), or Roth (after tax money) IRA to the maximum allowable contribution permitted based on the amount of your spouses “earned income”.
Stay Active – Community Activities
January 7th – Riverworks Art Center – New Year’s Intentions Workshop with Suzanne Wright who will walk you through accessible, step-by-step exercises that blend creativity, mindfulness and neuroscience helping you tap into momentum and flow for 2024. 1 -4 p.m. $75.
January 8th -Montgomery County Aging and Disability Resource Unit ADRU – Find the resources that you need for senior and disability problems at the Maggie Nightingale Library – […]
In the 1930s the Chicago retailer, Montgomery Ward, gave away children’s Christmas-themed coloring books each year as a promotion. By 1939, after the Depression ended, the department store decided to save money and publish a coloring book in-house.
Robert L May, a 34-year-old copywriter and aspiring writer who had entertained his boss at Montgomery Ward with his limericks, was given the task of writing the story. Inspiration came when Mr. May looked out […]
The Ursids meteor shower is active annually approximately between December 13 and December 24. The shower usually peaks around just before Christmas, this year on December 22. At its peak, observers may be able to view as many as 10 meteors in an hour.
The shower is named the Ursids because the meteors seem to radiate from the direction of the constellation Ursa Minor in the sky. The Ursids are associated with the […]
Many of you are familiar with the Seinfeld episode “Strike” in which the Costanza family initiates Jerry, Kramer, and Elaine into the traditions of Festivus. So, is Festivus really a “thing”?
As depicted in the Seinfeld episode, Festivus is celebrated on December 23rd as an alternative to the often pressure filled, commercialized, and hectic winter holidays we celebrate. The celebration includes a Festivus dinner, meatloaf; an […]
Centuries before the birth of the central figure of Christianity, Jesus of Nazareth, many countries and cultures celebrated the promise of light and rebirth that would follow the Winter Solstice.
The end of December was a perfect time for a celebration in most areas of Europe. Most cattle were slaughtered before they had to be fed during the winter. For many, it was the only time of year when they had a supply […]
Stay Active – Community Activities
If you are out holiday shopping, please shop local … pick up tickets to the Heart ‘n Soul Gala, or something from The Sweet Lemon, Locals Farm Market, the new Deere Valley Farm Market, Calleva Farm Store, or one of our local Countryside Artisans.
December 20th – Riverworks Art Center presents The Reserve Wind Ensemble in a free concert at Poolesville Baptist Church – 7 -8 pm
January 8th -Montgomery County […]
St. Lucia’s (St. Lucy) Day is a festival of lights, celebrated widely in Scandinavia and Italy. It signifies the beginning of the Christmas season on December 13th. St Lucia, whose name means light, was a young girl martyred in 304 A.D. under the Christian persecution orders of the Roman Emperor Diocletian.
Travel writer Rick Steves explained the legend this way, “the Scandinavian version of the legend is that a young woman […]
The best shooting star show of this year runs from Dec. 4 to 20. At its peak in the Washington area, the Geminids Meteor Shower may produce 150 multicolored meteors per hour from 9:30 pm on December 13th to dawn on December 14th.
The Geminids meteors radiate from near the bright stars Castor and Pollux in the constellation Gemini. Some of these spectacular shows may be blocked at […]