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cause you've already paid taxes on the money you put in. And the potential for tax-free earnings can continue even when your beneficiaries inherit your Roth IRA, though you'll need to consult with your tax advisor on this issue. A Roth IRA also offers other features that can help you build resources for retirement while possibly helping your surviving family members. For one thing, you can contribute to your Roth IRA for as long as you have some earned income, up to the contribution limits, and as long as you meet certain income limitations. Even if you've officially "retired," you might do some consulting or part-time work. So you could put some of your earnings into your Roth IRA. This ability to keep funding your Roth IRA virtually indefinitely can give you more flexibility in managing your retirement income and, depending on how you do manage that income and what your other objectives may be, you may also end up with more money that could be left to your beneficiaries. Also, unlike a traditional IRA or a 401(k), a Roth IRA does not require you to start taking minimum distributions at age 701/2. In fact, you are never required to withdraw money from your Roth IRA. And by leaving your account intact for as long as possible, you'll potentially have more money available for a variety of options one of which may involve leaving sums to your beneficiaries. Your non-spouse beneficiaries must take annual required minimum distributions, but they have the option to take the distributions over their lifetime. Keep in mind, though, that your Roth IRA is part of your estate for purposes of federal estate taxes. In 2012, your estate would be subject to these taxes if it were worth more than $5.12 million (or less, if you made certain gifts). In 2013, however, this amount is scheduled to drop to $1 million unless Congress acts on this issue. (Some states also have estate taxes that apply at amounts less than the federal amount.) In any case, if you have a sizable estate, you should consult with your tax and legal advisors. When you invest in a Roth IRA, your goal, first and foremost, is to help fund your retirement. In fact, basically all your decisions regarding your Roth IRA how much to contribute, where to invest the money and when to begin taking withdrawals should be based on your own retirement goals. However, as a side benefit to investing in a Roth IRA, you may find that you could help out the next generation, or two, of your family.
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Is your church, club, organization having a HAPPENING for fundraisers, revivals, etc? We need to print this news, NO CHARGE. E-MAIL or FAX to morrisnews@windstream, or 1-888-701-3188
MORRIS COUNCIL WILL MEET EVERY 2ND MONDAY EACH MONTH AT 7:00 P.M., COMMUNITY CENTER ON 300 S HUGHES. CITY HALL 918-733-4222. MORRIS SCHOOL BOARD WILL MEET EVERY 2ND MONDAY AT 6:00 P.M, 307 S. 6TH ST. SUPT. OFC 918-733-9072, TWIN HILLS SCHOOL WILL MEET EVERY 2ND TUES. AT 6:30 P.M., 7225 TWIN HILL ROAD. 918-7332531. HOFFMAN FELLOWSHIP CENTER gospel singing and dinner every Saturday night from 6 - 9 p.m. in Hoffman MORRIS LIONS meet every 2nd Tuesday of each month at 400 East Young St., Morris. Meetings are at 7: P.M. AT&T Never Text cont.
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TERRY DID LSAYER EDWA iii JONES FINANCIAL ADVISOR 2102 S. WOOD DR. OKMULGEE, OK 74447
756-2473
terry.dillsaver @edwardjones.com
If you're somewhat familiar with investing, you may know that the Roth IRA is a great retirementsavings vehicle. But are you aware that some of its benefits can also pay off for the next generation of your family? To understand why this is so, it's necessary to be familiar with a Roth IRA's features. For starters, when you contribute to a Roth IRA, your earnings have the potential to grow tax free, provided you don't start taking withdrawals until you're 591/2 and you've had your account at least five years. The amounts you contributed aren't taxed when withdrawn be-
MASONIC LODGE OF BEGGS: Every 3rd Saturday of the month, the Masonic Lodge of Beggs will be having a Pancake Breakfast consisting of Buttermilk and Blueberry Pancakes, Sausage, Orange Juice, Milk, and Coffee. Time of breakfast will be 7:00 a.m. Till 10:00 a.m. Cost will be $5.00 for adults, and $3.00 for children under 6 years old. The lodge is located at 304 N. Broadway in Beggs. NUYAKA WINE FESTIVAL, Saturday, Sept. 2012, 12 noon till 7:00 p.m. Food, music, vendors and great wine tasting. Call 918-7568485, or 918-756-7568 more info. THE MORRIS LIONS will hold their annual "A Blast from the Past" car show on
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Saturday, Sept., 22 2012 Register at 9:00 a.m., Cash Drawing for participants every half hour starting from 10:00 a.m. thru 1:30, $50.00 each drawing. Music through the day. MORRIS CUB SCOUTS WANT YOU! All boys in grades 1st thru 5th are invited to come join us and have fun, make new friends and learn new and exciting things. Adults please bring your boys to the First United Methodist Church, Tuesdays at 7:00 p.m. Come learn about Cub Scouts and meet current Cub Scouts. Boys from any surrounding schools are welcome to join us. You may contact Cub Master Robert Marek at 918-758-9143 for more info.
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Dentonville Road info Anytime at Nuyaka Mall Webster Road (Lincoln Road)
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Winchester said. " Working with teens day-in and day-out, we see firsthand the impacts that peer pressure and peer influence have on the decisions they make," said Sandra Spavone, executive director of the National Organizations for Youth Safety (NOYS). 'That's what makes AT&T's efforts so effective. They understand that by working with these teens and incorporating their feedback programmatically ultimately, we'll reach even more of that critical and impressionable audience with a message they'll hear." Together with NOYS, AT&T has pioneered more than 12 teen-led, teen-focused educational summits, with plans to hold 10 or more locally by the end of the year. NOYS is a collaboration of national, .youthserving organizations, including non-profit organizations - such as Students Against Destructive Decisions (SADD) and Mothers Against Drunk Driving - and government agencies, such as the Governor's Highway Safety Administration (GHSA). AT&T shares in their common goal of promoting safe and healthy behaviors among our nation's youth. In addition, many other governmental, corporate, nonprofit and other organizations have already pledged support for the awareness campaign, including: The AFL-CIO's Union Plus program, American Federation of Teachers, Big Brothers Big Sisters of America, Boys & Girls Clubs of America, CTIA, Junior Achievement, LULAC, National Safety Council, National Urban League and RadioShack. More supporters can be found at www.itcanwait. com. A recent AT&T survey2 found that 97 percent of teens say they know that texting is dangerous. The survey also found: 75 percent of teens surveyed say that texting while driving is "common" among their friends; Almost all teens (89 percent) expect a reply to a text or email within five minutes or less; And 77 percent of teens report seeing their parents text while driving. But technology can help: 89 percent of teens said a phone app toprevent texting & driving - like AT&T DriveMode - would be an effective way to get them or their friends to stop texting and driving. AT&T first began its "It Can Wait" campaign discouraging texting and driving in 2009. The website www.itcanwait. com provides an opportunity to take the don't text and drive pledge. It also offers a host of educational resources and information on the issue - including a documentary featuring families impacted by texting and driving accidents that has been viewed more than 3 million times. 1 - National Safety Council www.nsc.org 2 - Survey conducted by Beck Research on behalf of AT&T http://www.att.com/ Common/about-us/txting_ driving/att_teen_survey_executive.pdf. 3 - Data and text messaging charges may apply for download and app usage. Standard messaging rates apply to autoreply messages. AT&T DriveMode is free to AT&T customers only. Compatible device required.
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