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News

Saturday March 25, 2017

Exciting events are happening at The Salvation Army Metropolitan Division
Our News
Thank you for your interest in The Salvation Army Metropolitan Division. Our hope is to serve you and your family with helpful information.
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How To Stop Snoring
Savvy Living
Over the past few years my 57-year-old husband's snoring has gotten much worse. It's to the point that I have to either...
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IRS Tax Time Tip -- 2016 IRA Contributions
Washington News
In IR-2017-60 the IRS reminded taxpayers they can still fund an IRA for the 2016 tax year. Traditional IRA contributions are tax deductible and the IRA fund grows tax-free. Distributions are usually made after age 59½ and are generally taxable. Starting on April 1 after the IRA owner turns 70½, there is a required minimum distribution (RMD). Each year after that age, a distribution must be taken based on the IRA value on December 31 of the prior year. Roth IRA contributions are different in that they are made from after-tax income. A Roth IRA also may grow tax-free and future distributions will be tax-free. Roth IRA withdrawals of any amount may be made after the fund has been in existence for five years and the IRA owner is over age 59½. There is no required minimum distribution for a Roth IRA. Contributions for the 2016 tax year may be made until April 18, 2017. Some...
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Gifts with Life Income
Personal Planner
Many friends of charity have acquired appreciated property over time. A great way to use this appreciated property is...
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