As the very first event hosted in the brand new Sutton-Hooker Unit Gymnasium, Polk County’s Annual Dinner Banquet—now in it’s 11th year—featured a children’s choir singing Christmas songs, beautifully decorated Christmas trees, Youth of the Year speeches, and a record-breaking live auction that treated the crowd to several bidding wars. In addressing the crowd, Holly …
On Saturday night, October 22, Boys & Girls Clubs of the Ocoee Region’s Meigs County Unit, located in Athens, TN., gave away a brand new Polaris RZR XP 1000 Side-by-Side. The giveaway took place at the Meigs Unit’s Fall Festival. The lucky winners, David and Tiffany Wiggins, are residents of Meigs County. The Fall Festival, …
If you are 70 ½ and older and are considering a year-end gift to BGCOR, consider this gifting strategy to unlock tax-wise benefits: Qualified Charitable Distributions (QCD), also known as a Charitable IRA Rollover. Most of us spend our lives caring for family, our community, and favorite charities, while also saving for retirement. While you …
Donating stock can be one of the most tax-wise ways to give to a charity. Here are five reasons to consider donating stock to our Club this year. Donating stock is easy. Our Club is set up to receive stock donations. Instructions can be found on our website, or feel free to call us directly …
Saturday, August 13, was a fun filled night with good food and many silent and live auction items to bid on at the 23rd Annual Auction and Raffle sponsored by BGCOR’s Monroe Area units. Monroe Area Board Treasurer, Dr. Jim Dash, served as the Master of Ceremonies for this year’s event. Shortly after Dr. Dash …
The 5th Annual Clint Scoggins Memorial Golf Tournament took place on Saturday, June 25. It was held at Falcon Pointe Golf Club on Dalton Pike in Cleveland, Tennessee. The tournament raised $1,500 that was donated to Boys & Girls Clubs of the Ocoee Region. The tournament fundraiser was created by Paxton Scoggins in honor of …
Gifting real estate to charity has multiple benefits for the donor and there are several options a donor could consider. Generally, a gift of real estate could be either a principal residence, vacation home, a farm, a commercial building, a subdivision lot, or even unimproved land. The benefits of gifting real estate: Receive an income …
Just recently the House of Representatives passed the Securing a Strong Retirement Act, sometimes called the Secure Act 2.0, by a vote of 414-5. Currently, it is being considered by the Senate and is not yet law. One key provision within the act is having the required minimum distribution (RMD) rise to age 75 over …
For many people, the new year is the perfect time for resolutions. Although common resolutions include losing weight or saving money, choosing to have your will drafted or updated is another great resolution! Here are a few things to consider: 1. Analyze your financial situation Make a comprehensive list of your assets and debts, so …
With the new SECURE ACT that went into effect in December 2020, the rules around your retirement account (Traditional IRA/401K) have been re-written. Here’s one thing you need to know! Individuals[1] (excluding spouses) who inherit a retirement account from a loved one must now distribute the entire amount within 10 years of the owner’s death! …
