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1.
Having trouble viewing this email? Click here Hi, just a reminder that you're receiving this email because you have expressed an interest in Barrington Area Council on Aging. Don't forget to add info@bacoa.org to your address book so we'll be sure to land in your inbox! You may unsubscribe if you no longer wish to receive our emails. Season's Greetings from BACOA Season's Greetings Wishing you happiness & childlike joy and innocence this Holiday Season and healthy aging in the New Year. from all of us at your Barrington Area Council on Aging 2014 has been a successful year of growth and renewed programs and services for BACOA. Our recent Christmas Luncheon at the Barrington Park District, featured a delicious holiday meal, served by dedicated volunteers, musical entertainment, and a visit from Santa, It reminded me of the childlike innocence of the season. It was not only the young grandchild who was wide eyed as he dove into Santa's lap, but the many seniors who also wanted to greet Santa, in between singing familiar carols and tunes from their own childhood. The energy and excitement provided a great way to celebrate the work of BACOA, made possible by so many incredibly generous volunteers, individuals, families, businesses, and foundations.
2.
This year has seen the continuation of so many wellreceived programs and services, just like the Monday luncheons and game time. We have been able to start new programs, like our day respite program in partnership with Lutheran Church of Atonement, and even expand it because of the needs of family caregivers We have secured participation of all the villages in our area in the critical transportation program offered through PACE. Our team has offered wellreceived educational programs to equip caregivers with powerful tools, endless hours of social services to tackle daily issues for seniors, assistance with income taxes, and especially health insurance and Medicare enrollment. Support groups have flourished to guide folks through the challenges of Alzheimer's and Parkinson's diseases. And we have been treated to beautiful fashions and caregiver stories to help us remember the challenges, and also the rewards of aging. And yet the need for programs continues. Because of the success of events like BrewFest and The BACOA Bash, and the generousness of individuals, family trusts, foundations, local organizations like the Barrington Area Community Foundation and United Way, just to name a few, BACOA has been able to provide these vital services. Part of the joy of this holiday season is that like the child's eagerness at seeing Santa, BACOA continues to be able to meet the needs of seniors, caregivers, and the community because of the joyous embrace of generous people who partner with us to continue our delivery of services. For this, we are thankful. And if you would like to continue this joyous embrace, please consider a yearend donation. We'll spread the joy even further. ______________________________________________________________ 22 December 2014 FOR IMMEDIATE RELEASE Contact: Chris Mitchell, 8478523891 cmitchell@bacoa.org Great News for YearEnd Charitable Contributions for Those Over Age Seventy! The IRA Charitable Rollover Provision has been renewed and applied retroactively for 2014. This is a great benefit for certain qualified donors who want to make a contribution to the Barrington Area Council on Aging (BACOA) by December 31, 2014. On December 16, 2014, the Senate passed the Tax Increase Prevention Act of 2014 (HR 5771), which included an extension of the IRA
3.
Charitable Rollover provision through December 31, 2014. The House passed the Act earlier and President Obama signed it into law December 19th. Here is how it works: Donors age 70 1/2 and older may transfer up to $100,000 from their traditional or Roth IRAs directly to qualified public charities without incurring any federal income taxes on the transfers. Unlike typical IRA withdrawals, these transfers are excluded from the donor's adjusted gross income. In other words, donors can make their gifts go further and meet the tax code requirements for minimum annual distributions from their IRAs. These benefits are available to taxpayers even if they do not itemize their tax returns. This provision provides an excellent way to give directly to BACOA. We encourage you to contact your IRA administrators or an accountant immediately if you are considering such a gift as it may take time to complete this process by December 31, 2014. The Act does not provide a grace period for transfers after December 31. Unfortunately, this provision has yet not been extended into 2015. Thank you for your continued support of BACOA's mission to serve seniors, family caregivers, and the community. Please call Joyce Palmquist or Christopher Mitchell at 8473815030 if you have any questions about how you can support BACOA with your yearend charitable giving. ==================================================== This message is for information only and is not meant to provide tax or legal advice. Please consult a qualified tax, accounting, or legal professional for your specific situation. STAY CONNECTED: Forward this email This email was sent to cmitchell@bacoa.org by info@bacoa.org | Update Profile/Email Address | Rapid removal with SafeUnsubscribe™ | Privacy Policy. Barrington Area Council on Aging | 6000 Garlands Lane | Suite 100 | Barrington | IL | 60010
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