Tag: 121113

Union Middle School Honor Roll – Fall 2013

The following students have been named to the Union Middle School Honor Roll for the first trimester of the 2013-2014 school year:
6th Grade: Grace Asmussen, Hailey Bathen, Madeline Bonner, Jonathan Bronner, Kaylin Brustkern, Curtis Brustkern, Jr., Jasmyn Bush, Emma Carlson, Noah, Damro, Riley Davis, Trevor Davis, Cheyenne Driscol, Jadelyn Elliott, Madison Frush, Hanna Gleason, Samantha Glenn, Kianna Gloede, Brayden Grosse, Gracie Hall, Emma Harris, Rachel Hellman, Jasmine Hickok, Jordan Holman, Carlie Hoppe, Madison Jantzen, Adriel Jensen, Leah Kaufman, Grace Keegan, Grant Keegan, Rachel Kline, Kayla Lambe, Lake LeBahn, Gavyn Maulsby, Carlie McNeal, Elizabeth Moore, Jacob Murphy, Molly Niebergall, Tessa Pearson, Rhett Peters, Kerstin Peterson, Henry Powers, Teagan Prouse, Kendall Putz, Caleb Reel, Devin Reel, Riley Rosauer, Garrett Rottinghaus, Bella Rousselow, Aubrey Schmidt, Emma Sebetka, Emma Shirk, Brandon Stech, Olivia Steffens, Natalie Tecklenburg, Jack Thomsen, Lauren Wagner, Lexi Wagner, Cameron Wellner, Piper Wiedenhoff, Jadyn Wiest, Chase Wilson, Gage Wilson, Lillie Wrobel
 7th Grade: Emma Alpers, Carter Asmussen, Ben Behrens, Allie Carty, Megan Carty, Kegan Clapp, Kody Crawford, Kendra DeHart, Madison DeWitt, Ben Dvorak, Scarlett Ellsworth, Caleb Frost, Hannah Gates, Joseph Gloede, Levi Gray, Kyle Gross, Tori Hadachek, Cara Harrill, Mackenna Hatch, Nolan Havran, Chloe Heitmann, Karson Hennings, Alanna Hines, Mary Jenkins, Jayden Jolley, Anthony Kiler, Hunter Klima, Jacob Lowe, Cylie McNeal, Hannah Michael, Emily Miehe, Kinsie Murley, Sam Ollendieck, Bryce Parker, Ben Rempe, Kayla Robb, Nathan Rottinghaus, Tyler Rottinghaus, Valerie Ryan, Olivia Sash, Elizabeth Sauer, Silver Schmitz, Zeke Seuser, Anna Smith, Trey Smutz, Clayton Sparks, Carter Spore, Jenna Steinlage, Hunter Stwalley, Josh Ternus, Holly Wandschneider, Nolan Wandschneider, Aidan Wilson
8th Grade: Mikayla Allen, Ashlyn Amsbary, Hannah Borton, Hailee Brown, Kyle Brustkern, Kyle Cowell, Kortlyn Ewoldt, Blake Faber, Hunter Fleshner, Ivy Grote, Wesley Hanson, Troy Hanus, Lauren Harrigan, Payton Hellman, Adrian Hernandez, Tate Hookham, Daniel Johanningmeier, Abigail Johnson, Madelyn Keegan, Haylee Keune, Autumn Kies, Quentin Kinsel, Preston Kruckenberg, Morgan Niebergall, Jacob Opperman, Emma Peters, Audrey Powers, Cade Rahlf, Emma Rottinghaus, Delaney Schares, Emily Schmidt, Isaac Sebetka, Sophie Selk, Taylor Short, Mason Thomsen, Austin Timmer, Savannah Walvatne, Isabelle Werner, Emily Wilson, Daniel Zeien

Practical Money Matters – December 11, 2013

By Jason Alderman
Over 70½? Don’t Forget Mandatory IRA Withdrawals
With final holiday preparations looming, the last thing anyone wants to think about is next April’s tax bill. But if you’re over 70½ and have any tax-deferred retirement accounts (like an IRA), put down the wrapping paper and listen up: IRS rules say that, with few exceptions, you must take required minimum distributions (RMDs) from your accounts by December 31 of each year, and pay taxes on them, or face severe financial penalties.
Here’s what you need to know about RMDs:
Congress devised IRAs, 401(k) plans and other tax-deferred retirement accounts to encourage people to save for their own retirement. Aside from Roth plans, people generally contribute “pretax” dollars to these accounts, which means the contributions and their investment earnings aren’t taxed until withdrawn after retirement.
In exchange for allowing your account to grow tax-free for decades, Congress also decreed that minimum amounts must be withdrawn, and taxed, each year after you reach 70½. To ensure these rules are followed, unless you meet certain narrowly defined conditions, you’ll have to pay an excess accumulation tax equal to 50 percent of the RMD you should have taken; plus you’ll still have to take the distribution and pay regular income tax on it.
You can delay or avoid paying an RMD in certain cases, including:

If you’re still employed at 70 ½, you may delay starting RMDs from your work-based accounts until you actually retire, without penalty; however, regular IRAs are subject to the rule, regardless of work status.

Roth IRAs are exempt from the RMD rule; however, Roth 401(k) plans are not.

You can also transfer up to $100,000 directly from your IRA to an IRS-approved charity. Although the RMD itself isn’t tax-deductible, it won’t be included in your taxable income and lowers your overall IRA balance, thus reducing the size of future RMDs.

Another way to avoid future RMDs is to convert your tax-deferred accounts into a Roth IRA. You’ll still have to pay taxes on all pretax contributions and earnings that have accrued; and, if you’re over age 70½, you must first take your minimum distribution (and pay taxes on it) before the conversion can take place.
Ordinarily, RMDs must be taken by December 31 to avoid the excess accumulation tax. However, if it’s your first distribution you may wait until April 1 the year after turning 70½ – although you’re still must take a second distribution by December 31 that same year.
Generally, you must calculate an RMD for each IRA or other tax-deferred retirement account you own by dividing its balance at the end of the previous year by a life expectancy factor found in one of the three tables in Appendix C of IRS Publication 590:

Uniform Lifetime Table if your spouse isn’t more than 10 years younger than you, your spouse isn’t the sole beneficiary or you’re unmarried.

Joint and Last Survivor Table when your spouse is the sole beneficiary and he/she is more than 10 years younger than you.

Single Life Expectancy Table is for beneficiaries of accounts whose owner has died.

Although you must calculate the RMD separately for each IRA you own, you may withdraw the combined amount of all RMDs from one or more of them. The same goes for owners of 403(b) accounts. However, RMDs required from other types of retirement plans must be taken separately from each account.
To learn more about RMDs, read IRS Publication 590 at www.irs.gov.

Union High School Honor Roll – Fall 2013

The following students have been named to the Union High School Honor Roll (3.33 GPA and higher) for the first trimester of the 2013-2014 school year. An asterisk (*) behind a student’s name denotes that he or she has earned A’s in all academic courses and named to the A Team.
9th Grade: Nathan Acuff, Michael Ahrendsen, Jackie Barz, Taylor Brown, Taryn Davis*, Daycen Douglass, Maggie Driscol, Chloe Grosse, Veronica Haas, Brock Hadachek, Haley Harkness, Morgan Harrigan, Alex Hazelwood, Jacob Higgins, Bobbie Hilmer*, Derek Holschlag, Kaitlin Holschlag, Grace Huffman, Kaylee Johnson, Samuel Johnson, Elizabeth Klein, Mitchell Kramer, Cole McNeal, Keaton Newgren, Peyton Parker*, Mason Pelke, Courtney Powell, Wes Powell, Krystal Putz, Bradyn Rempe, Payton Sash, Trey Slater, Hallie Spore*, Dylan Stech, Heather Vaughn, Madison Winter
 10th Grade: Callie Brandanger, Bailey Bruce, Kaila Brustkern, Ryan Connolly*, Katie Freeland, Jon Hellman, Jadin Hennings, Kassie Hennings, Charles Kronschnabel, Trevor Krug*, Weston Krug*, Lauren Krupa, Nicole Lowe, Cole Moody*, Aubri Mossman*, Will Reiter, Natalie Sallee, Wyatt Samuelson, Zane Seuser*, Bethany Steffen, Anna Walker, Caleb Wandschneider, Sevannah Weisenberger, Morgan West*, Dana Wigg, Samantha Wordehoff
 11th Grade: Alex Barz*, Kyele Clapp, Trey Davis*, Noah Dobson, Carlie Docekal, Dobson Douglass*, Nathan Dvorak*, Kylee Faber, Torri Flickinger, Noah Garwood*, Megan Gloede*, Jace Hadachek*, Tate Hadachek, Gina Harrill*, Brandon Hill, Madison Hofstadter, Jacob Holschlag, Trey Hookham, Nick Huffman, Allison Johanningmeier*, Alex Kane, Gabe Klein*, Caleb Larison*, Jess Larison*, Austin Leng, Lydia Lorenzen, Taylor McGowan, Grant Mullen*, Abby Ollendieck*, Morgan Phillips*, Dayton Powell, Tia Renaud, Amber Rottinghaus, Kim Sides, Max Thomsen, Amanda Trimble, Dani Wandschneider, Trevor Weber, Heather Weidman, Maria Wrage*
12th Grade: Brenna Allen, Rachel Babinet*, Bo Bader, Breann Bader, Kolten Bader*, Lauren Barz*, Alex Bear, Nicole Bechthold, Rachel Bohnsack*, Jessica Bohnstengel*, Emily Dalluge*, Owen Dalluge*, Savannah Downing*, Emily Freeland, Jared Frost, Tairk Goken, Bailey Heerkes, Rachel Hicks*, Katie Hilmer*, Beau Hook, Emily Johanningmeier*, Leah Jungling*, Nicole Krafka, Lexa Krug, Emily Kuhn, Austin Lee, Kristen Lowe*, Miljana Manojlovic, Lindsey Miner, Drake Mossman*, Vince Neil, Samantha North, Katie Powers, Robin Purdy*, Tessa Reiter, Jon Roettger*, Emily Samuelson*, Emily Sauer*, Jay Scheel*, Chris Smith, Olivia Snyder, Tabitha Stwalley*, Ted Tecklenburg*, Sarah Ternus*, Josie Vaughn*, Rachel Vaughn*, Joel Wauters, Nick Weich*, Shanie Wiedenhoff*, Kylie Wrobel*, Jacob Zeien

Treasurer Fitzgerald Offers Tips for Gift Card Givers

During the holiday season gift cards are popular presents. State Treasurer Michael Fitzgerald reminds Iowa consumers to shop smart when it comes to gift cards. “According to the National Retail Federation, 8 in 10 shoppers will give a gift card this holiday season.* Nationally, shoppers will spend an average of $163 on gift cards, up 4% from last year,” Fitzgerald said. “Each year, over a billion dollars in gift cards go unclaimed because cards are lost or forgotten.** Don’t let that happen to your gift. These tips can help you protect the value of the gift you give this season.”
Tips for Gift Card Purchasers:

Ask about expiration dates and fees. If the disclosures are too confusing you may want to avoid purchasing the gift card.

Buy gift cards from reputable retailers and where you know will be convenient for the recipient to use.

Give the original receipt and disclosure information to the recipient in the event it is needed to replace a lost or stolen gift card.

Encourage the recipient to use the gift card right away.

“I plan to give some gift cards this year, but will always warn them to use it right away,” Fitzgerald said. Even if there is an expiration date on a gift card, retailers are required to honor all of the gift cards they sell for five years.
Consumers with questions or concerns regarding an expired gift card that a retailer will not honor are encouraged to contact the state treasurer’s office. Please provide a copy of the gift card and a brief letter stating the circumstances. The information can be sent to the address below or emailed to upreport@iowa.gov.

Simply Put – December 11, 2013

By Michael Whittlesey
Last weekend, La Porte City was the place to be for the Home for the Holidays shopping event. In addition to the businesses that set up shop at the Rusty Pig, many businesses up and down Main Street and the Highway 218 corridor welcomed shoppers looking to get a jump on their list of gifts to give. If the frigid temperatures had you taking refuge under a blanket or seeking the warmth of the closest fireplace, the good news is that there is still plenty of time to finish your holiday shopping. Not only is there ample time, a survey of the immediate landscape in the “50651” reveals a remarkable variety of products and services to satisfy the nice, as well as the naughty, on your thoroughly checked list. Consider:
For the hungry, let there be food. The variety of prepared food options in LPC is on the upswing, with the recent addition of PnB’s Brewpub, Tootsie’s and the Pizza Palace. Add them to Jolie’s Kitchen, Kramer Sausage Co., LPC Bakery, Etc. and the Getaway, you’ve got gift certificate possibilities for just about any taste. Throw Gary’s Thriftway, Casey’s and Pronto into the mix for a gift of convenience that extends beyond good grub. Speaking of convenient, have you been in Urb’s Do-It Best Hardware lately?
For those on your list who deserve a good pampering, check out the numerous shops on Main Street who cater to hair, nails and bodies in search of a massage and/or tanning: A Cut on Main, Country Living Massage, Knight Klipz,  Teri’s Cute Cuts & Crazy Curls, You’re Lookn’ Good.
La Porte City is also not lacking for shops filled with “you could drive all over Waterloo and Cedar Falls and still not find a gift this cool” possibilities. Spend some time in Hoppy’s PRIMitive and PROPER, Laurie’s Boutique, the Real Deal, Shabby & Chic or Sunshine Florals & Gifts and there’s a good chance you’ll find a unique gift, or a gift uniquely La Porte City for that someone special.
And just because it’s cold outside doesn’t mean you can’t think warm thoughts this holiday season. A season pass to the La Porte City Aquatic Center is a gift sure to be appreciated come June, just as a membership to the La Porte City Golf Club would make an excellent gift for your favorite golfer. Don’t forget that Double Lung Archery, the area’s finest pro shop for bowhunters, offers gift certificates sure to please the hunter on your list.
There’s even variety to be found in LPC for those considering ringing in the new year with a new vehicle. Not only can the folks at Witham Auto Center hook you up with a new Ford or Chevy, they can take good care of those whose tastes run in VW or Kia, as well. La Porte City is indeed fortunate to be served by a number of automotive professionals to keep you on the road, with names like Haraldson, Johnson, Otten and Ward to accompany the likes of La Porte Motor Supply, La Porte Performance and Motorhead Mayhem.
As the hustle and bustle of the holiday season reaches its peak, take a moment to pay a visit to a neighborhood, La Porte City shop. It’s a gift sure to spread holiday cheer where it matters most, in your very own hometown.

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