Learning to get along constructively must be taught to our children…

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Jul 252016
 

Peace Village photo

Peace Village photo


Parents! Peace Village is a chance for your children (those entering grades 1-6 this fall) to learn and practice non-violent conflict resolution in a fun and positive setting!

The week long camp runs Monday through Friday, August 8-12, from 9:00 am to 3:30 pm. We’ll all learn how to live peacefully in our community and in our world. Lots of activities, fun and friendship. It’s inter-cultural, inter-faith and inter-generational!

It all will be held on the Sacred Heart Campus on Hwy 101 and NW 10 Street in Newport. The cost is $60. Scholarships are available.

For information and registration contact Earnie Bell at 541-265-7265 or e-mail peacevillagenewport@gmail.com!

 Posted by at 4:20 PM

Mad Scientist unleashed at local libraries

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Jul 252016
 
"Madame Chaos" Coming to a public library near you! Courtesy photo

“Madame Chaos”
Coming to a public library near you!
Courtesy photo

Lincoln County public libraries’ On your mark, get set . . . READ! summer reading programs bring Mad Science’s Madame Chaos back to the coast this week on Wednesday and Thursday, July 27 & 28. All children and families are invited to attend one of these free programs.
Wednesday, July 27, Madame Chaos will be at Waldport Public Library (10 a.m.), Newport Public Library (1 p.m.), and Driftwood Public Library in Lincoln City (6:30 p.m.). On Thursday, July 28, she will be at Toledo Public Library (11 a.m.) and Siletz Public Library (1:00 p.m.).
“The purpose is to show kids that learning about science is fun,” says Madame Chaos. “In fact, it is the most fun subject that anyone can even imagine. This year’s show will feature the science of sports and will be, as always, a bang-up good time.”
Madame Chaos has been with the Portland franchise of ‘Mad Science’ for about seven years. “My background, you ask? I have a degree in psychology, which helps in this line of work – but my first love is science. Loving science, loving the kids, and having fun, is what it’s all about.”
These programs are made possible by Ready to Read grant money from the Oregon Legislature with additional support from Thompson’s Sanitary Service, Inc., Ross and Janis Neigebauer, Jeanette Hofer, Umpqua Bank, La Quinta Inn and Suites and D’Sands Motel.

For more information about the Mad Science show or other summer reading presentations, please contact your local library.

 Posted by at 3:08 PM

Lincoln County Real Estate Report – Tammy Gagne, Broker

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Jul 252016
 
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LINCOLN COUNTY REAL ESTATE
Weekly Market Report
Data provided by Lincoln County Board of Realtors
Prepared by Tammy Gagne – Advantage Real Estate
7/18/2016 to  7/25/2016

RESIDENTIAL UNITS
FOR SALE                                             1095
SALES PENDING                                 269
SOLD – July 18 to July 25                     19
2016 YEAR TO DATE SOLD                655
2015 YEAR TO DATE  SOLD               641
LOTS AND LAND
FOR SALE                                               701
SALES PENDING                                   27
SOLD – July 18 to July 25                       6
2016 YEAR TO DATE SOLD                120
2015 YEAR TO DATE SOLD                132

Year to date lots and land sales are falling behind last years 2015 sales. Home sales are steady and nearly mirroring the total number of sales as last year. Average time on the market for residential homes to sell is 176 days. Average sales price for residential homes is $275,851.

MORTGAGE RATES
Today’s Best-Execution Rates
30YR FIXED – 3.5%
FHA/VA – 3.25%
15 YEAR FIXED – 2.75%
5 YEAR ARMS –  2.75 – 3.25% depending on the lender

Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040

 Posted by at 2:10 PM

Questions and Answers on 401(k)s

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Jul 252016
 

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Duane J. Silbernagel Financial Advisor Waddell & Reed

Duane J. Silbernagel
Financial Advisor
Waddell & Reed

Q&As on Roth 401(k)s
Provided By: Duane J. Silbernagel
Sponsored Content

The Roth 401(k) is 10 years old! With 62% of employers now offering this option, it’s more likely than not that you can make Roth contributions to your 401(k) plan.1 Are you taking advantage of this opportunity?

What is a Roth 401(k) plan?

A Roth 401(k) plan is simply a traditional 401(k) plan that permits contributions to a designated Roth account within the plan. Roth 401(k) contributions are made on an after-tax basis, just like Roth IRA contributions. This means there’s no up-front tax benefit, but if certain conditions are met both your contributions and any accumulated investment earnings on those contributions are free of federal income tax when distributed from the plan.

Who can contribute?

Anyone! If you’re eligible to participate in a 401(k) plan with a Roth option, you can make Roth 401(k) contributions. Although you cannot contribute to a Roth IRA if you earn more than a specific dollar amount, there are no such income limits for a Roth 401(k).

Are distributions really tax free?

Because your contributions are made on an after-tax basis, they’re always free of federal income tax when distributed from the plan. But any investment earnings on your Roth contributions are tax free only if you meet the requirements for a “qualified distribution.”

In general, a distribution is qualified if:
• It’s made after the end of a five-year holding
period, and
• The payment is made after you turn 59½, become disabled, or die

The five-year holding period starts with the year you make your first Roth contribution to your employer’s 401(k) plan. For example, if you make your first Roth contribution to the plan in December 2016, then the first year of your five-year holding period is 2016, and your waiting period ends on December 31, 2020. Special rules apply if you transfer your Roth dollars over to a new employer’s 401(k) plan.

If your distribution isn’t qualified (for example, you make a hardship withdrawal from your Roth account before age 59½), the portion of your distribution that represents investment earnings will be taxable and subject to a 10% early distribution penalty, unless an exception applies. (State tax rules may be different.)

How much can I contribute?

There’s an overall cap on your combined pretax and Roth 401(k) contributions. In 2016, you can contribute up to $18,000 ($24,000 if you are age 50 or older) to a 401(k) plan. You can split your contribution between Roth and pretax contributions any way you wish. For example, you can make $10,000 of Roth contributions and $8,000 of pretax contributions. It’s totally up to you.

Can I still contribute to a Roth IRA?

Yes. Your participation in a Roth 401(k) plan has no impact on your ability to contribute to a Roth IRA. You can contribute to both if you wish (assuming you meet the Roth IRA income limits).

What about employer contributions?

While employers don’t have to contribute to 401(k) plans, many will match all or part of your contributions. Your employer can match your Roth contributions, your pretax contributions, or both. But your employer’s contributions are always made on a pretax basis, even if they match your Roth contributions. In other words, your employer’s contributions, and any investment earnings on those contributions, will be taxed when you receive a distribution of those dollars from the plan.

Can I convert my existing traditional 401(k) balance to my Roth account?

Yes! If your plan permits, you can convert any portion of your 401(k) plan account (your pretax contributions, vested employer contributions, and investment earnings) to your Roth account. The amount you convert is subject to federal income tax in the year of the conversion (except for any after-tax contributions you’ve made), but qualified distributions from your Roth account will be entirely income tax free. The 10% early distribution penalty generally doesn’t apply to amounts you convert.2

What else do I need to know?

Like pretax 401(k) contributions, your Roth contributions can be distributed only after you terminate employment, reach age 59½, incur a hardship, become disabled, or die. Also, unlike Roth IRAs, you must generally begin taking distributions from a Roth 401(k) plan after you reach age 70½ (or, in some cases, after you retire). But this isn’t as significant as it might seem, because you can generally roll over your Roth 401(k) money to a Roth IRA if you don’t need or want the lifetime distributions.

1 Plan Sponsor Council of America, 58th Annual Survey of Profit Sharing and 401(k)
Plans (2015) (Reflecting 2014 Plan Experience)

2 The 10% penalty tax may be reclaimed by the IRS if you take a nonqualified distribution from your Roth account within five years of the conversion.
I hope you found this beneficial and informational. For more information about me and my services, visit my website:
www.duane.wrfa.com

Thank you for your interest.

Continue reading »

 Posted by at 11:27 AM

Serious traffic crash east of Otis on Highway 18

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Jul 242016
 

7:00pm – Report of a serious traffic crash on Highway 18, about eleven miles east of Otis. Watch for law enforcement and fire-rescue vehicles.

7:02pm – Reports from the scene say there are three occupants inside the vehicle – one is injured.

7:04pm – Lifeguard air ambulance from Tillamook is standing by to respond if needed.

 Posted by at 7:02 PM

Vehicle vs. Motorcycle just south of Yachats

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Jul 242016
 

REACH at the old Waldport High parking lot.

REACH at the old Waldport High parking lot.

Fire Rescue crew help REACH paramedics load injured motorcycle rider for trip to trauma center in Corvallis.

Fire Rescue crew help REACH paramedics load injured motorcycle rider for trip to trauma center in Corvallis.

Getting the victim all strapped in and vitals being recorded during the flight to Corvallis.

Getting the victim all strapped in and vitals being recorded during the flight to Corvallis.

REACH lifts off.

REACH lifts off.

...a 15- 20 minute flight to Corvallis Trauma Center

…a 15- 20 minute flight to Corvallis Trauma Center
Glen Weaver, Coastal Images Photography
Cliff House B&B

1:40pm – Motorcyclist and a vehicle collide on 101 at milepost 168.5, Neptune State Park south of Yachats.

1:45pm – Motorcyclist is a 52 year old female complaining of left shoulder and leg pain. Conscious and breathing. Wreck is blocking northbound lane. Caution in the area!!

1:55pm – Yachats Fire-Rescue determines the woman is seriously injured and should be airlifted to Corvallis Trauma Center. They transport the victim to the old Waldport High School parking lots to rendezvous with an air ambulance.

2:25 – REACH Air Ambulance arrives, loads up the victim and makes a bee line for Corvallis.

 Posted by at 1:42 PM

Person falls on the rocks near Strawberry Hill south of Yachats

 Daily News  Comments Off on Person falls on the rocks near Strawberry Hill south of Yachats
Jul 242016
 

12:00N – A 65 year old man has fallen on some rocks at near the Strawberry Hill parking lot south of Yachats. He has suffered what is obviously a broken leg. Yachats Fire-Rescue is enroute and an air ambulance out of Corvallis has been alerted.

12:16pm – The air-ambulance has been cancelled. Yachats Fire-Rescue has asked for help from Seal Rock and Central Coast Fire Departments to come to the scene and help get the victim back up to the highway.

1:10pm – Fall victim has been brought back up to the highway is enroute to Peace Harbor Hospital in Forence.

 Posted by at 12:05 PM

Toledo Market Day through August

 Daily News  Comments Off on Toledo Market Day through August
Jul 242016
 

La te'da toledo

“La Te’da Day’s” every THURSDAY during August The Toledo Street Market is giving away secret gifts to our shoppers when they purchase select items from our vendors. Lots of donations in appreciation for the community’s support.

 Posted by at 9:50 AM