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Call about our
Fall Schedule.
910-295-0724
Training Champions
•Academic Preschool •Ninja Kids
For Life!
Fall
FUN!
CLASSES
•
GYMNASTICS Classes •FUN gym, every Friday!
220 Ampersand Road • Aberdeen
www.sandhillsgymnastics.com
With over 36 years experience,
Paul Gauthier, D.D.S. always
puts his patients first!
Southern Pines Dental
Family Dentistry
655 SW Broad Street
Southern Pines
M, T, W
8:15A - 4PM
(910) 692-6500
Paul E. Gauthier, D.D.S.
Fore Properties Realty
recognizes Jen DiMayo
Fore Properties Realty, Inc, recently
recognized broker Jen DiMayo as this year’s
recipient of its Excellence award. The award
is based on values, client service, ethics,
production, personal integrity, and fostering
good relationships with all parties to a
transaction.
“Jen DiMayo fit the bill in every way. She is
gracious and tenacious. She always gives 100%
of her heart to each client whether they are a
buyer or seller client,” says owner/broker Bill
Sahadi.
Jen specializes in residential real estate for
first time buyers, investors and military buyer
and sellers. Her trademark is her commitment
to detail, her work ethic, and prompt service.
“Nobody represents what we do at Fore
Properties any better than Jen DiMayo,” tells
Sahadi.
“Working at Fore Properties is the best
decision I could have made for myself and my
family. The relationship among my peers in
our office is so good, and the support we give
one another creates such a great working and
learning environment,” says DiMayo.
Jen can be reached at 386-747-5767 or
jendimayo@yahoo.com.
Jen
DiMayo
Fore Properties, located in Southern Pines,
is an independently owned firm and a
proud member of Leading R.E., the country’s
largest real estate referral network.
Consider a Charitable
IRA Gift
Wondering what to do with your annual
IRA Required Minimum Distribution? If you
can live without the income (and taxes) that a
large Required Minimum Distribution (RMD)
generates, think about taking a Qualified
Charitable Distribution (QCD) from your
traditional Individual Retirement Account (IRA)
to satisfy your Required Minimum Distribution
requirement.
If you are a traditional IRA owner aged 70½
or older, you can gift up to $100,000 a year to a
qualified charity this way. The donation must be
a direct transfer of assets-it cannot pass through
your hands. (1)
What are the tax advantages of a QCD? You
can exclude the amount of the gift from your
adjusted gross income for the year in which
you make the donation. Depending on your
situation, this may also help you avoid taxation
of your Social Security benefits or the Medicare
surtax. Since a QCD is not a deduction, even
taxpayers who don’t itemize can benefit from
one. (1,2)
Does the income from your annual IRA
Required Minimum Distribution risk putting
you into a higher tax bracket? Imagine being
able to lower your adjusted gross income by up
to $100,000 a year while also helping a charity.
By the way, that $100,000 annual QCD limit
is an individual limit. A married couple can
donate up to $200,000 in a year via QCDs while
meeting some or all of their Required Minimum
Distribution requirements. (3)
You may want to plan a QCD well before
the December 31 deadline. Call or email me to
explore this possibility now—it may provide you
with a substantial federal tax break.
This information is not intended to be a
substitute for specific individualized tax advice.
We suggest that you discuss your specific tax
issues with a qualified tax advisor.
1.) CNBC.com, “Now you can donate to
charity through your IRA” (11/28/16)
2.) Forbes.com, “The ABCs Of Using Your
Retirement Account For Charitable Giving”
(5/17/17)
3.) Forbes.com, “Why Retirees Need To Stop
Writing Checks To Charities” (1/20/2016)
Edward Hill
Edward Hill Wealth Management, LLC
1148 Seven Lakes Dr.
West End, NC. 27376
Office: (910) 466-9140
By L.S. Crain, S.Pines resident 1989-2017,
now lives in Taylors, SC, his birthplace.
No. 132 The Pinehurst Gazette, Inc. p.5
/www.sandhillsgymnastics.com
/CNBC.com
/Forbes.com
/Forbes.com
link
/www.aberdeenexterminating.com