Love is Love is Love Tea Dance
Saturday February 18, 2:00 - 5:00 pm
Get your raffle tickets! $5 for one ticket; five for $20
You can use the donate button above; write "raffle" and the number of tickets you want in the paypal payment form OR make your donation and email to email@example.com
Feedback from the Falls Prevention Class
I joined Falls Prevention at the start of the pandemic. Thank goodness for this SAGE class! I’m stronger, my balance has improved, and as a bonus: I feel more positive and less isolated. Barb Genton is a gifted teacher and she creates a sense of supportive community .
-- Arlene Ahl
The Falls Prevention class used to meet at the center, but now we Zoom. We do different exercises -- aerobic, strength, dance, balance, yoga -- standing and sitting. I have seen changes in my abilities -- I can get up out of soft couches and chairs better. If I fall - and it does happen - I can get up on my own.
-- Claudia Gebhardt
I have been going to the Second Sunday Social for years. I really looked forward to it. It was an opportunity to visit with folks I only saw there. Now that the social is virtual, I still log on. The "entertainment" is always excellent. I look forward to the "Table Hopping" every time. It is a wonderful way to meet someone you didn't know before and to catch up with those you only see at the Sage Social. -- Carol Notar
Qualified Charitable Distributions
Normally, a distribution from a traditional IRA incurs taxes since the account holder did not pay taxes on the money when they put it into the IRA. But account holders aged 70½ or older who make a contribution directly from a traditional IRA to a qualified charity can donate up to $100,000 without it being considered a taxable distribution. The deduction effectively lowers the donor's adjusted gross income (AGI).
Internal Revenue Publication 590-B: Distributions from Individual Retirement Arrangements
To avoid paying taxes on the donation, the donor must follow the IRS rules for qualified charitable distributions (QCDs)—aka, charitable IRA rollovers. Most churches, nonprofit charities, educational organizations, nonprofit hospitals, and medical research organizations are qualified 501(c)3 organizations. The charity will also not pay taxes on the donation.
Source: Internal Revenue Service: Publication 526: Charitable Contributions
Steps to follow:
Contact your IRA provider
Must be 70 ½ and older
Applies to Traditional IRAs
The maximum amount cannot exceed $100,000 per tax year from an individual IRA.
Distributions must be made payable to a qualifying charity, such as Sage Upstate
The transfer must be made by December 31st to count against the year’s RMD requirement.