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Top Four Year-End IRA Reminders

 

Individual Retirement Accounts are an important way to save for retirement. If you have an IRA or may open one soon, there are some key year-end rules that you should know. Here are the top four reminders on IRAs from the IRS:

1. Know the limits.  You can contribute up to a maximum of $5,500 ($6,500 if you are age 50 or older) to a traditional or Roth IRA. If you file a joint return, you and your spouse can each contribute to an IRA even if only one of you has taxable compensation. In some cases, you may need to reduce your deduction for traditional IRA contributions. This rule applies if you or your spouse has a retirement plan at work and your income is above a certain level. You have until April 15, 2015, to make an IRA contribution for 2014.

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Save Twice with the Saver’s Credit

 

If you are a low-to-moderate income worker, you can take steps now to save two ways for the same amount. With the saver’s credit you can save for your retirement and save on your taxes with a special tax credit. Here are six tips you should know about this credit:

1. Save for retirement.  The formal name of the saver’s credit is the retirement savings contributions credit. You may be able to claim this tax credit in addition to any other tax savings that also apply. The saver’s credit helps offset part of the first $2,000 you voluntarily save for your retirement. This includes amounts you contribute to IRAs, 401(k) plans and similar workplace plans.

NOCO Express opens state-of-the-art convenience store in Grand Island

NOCO Express opens state-of-the-art convenience store in Grand Island
NOCO Express  recently celebrated the grand opening of its newly rebuilt store located at 1898 Whitehaven Road in Grand Island, NY. The former 950-square-foot store has been replaced with a brand new 4,000-square-foot store to accommodate the needs of today’s on-the-go customers. 

 

Open 24 hours daily, the new store features Nickel City foods, a prepared food service offering with a variety of meal options for breakfast, lunch, dinner or a snack. U-Swirl Frozen Yogurt is the only frozen yogurt shop on Grand Island, and provides customers up to 20 non-fat flavors and more than 60 toppings to choose from. Customers serve themselves and pay per ounce.  An expanded selection of grocery and beverage items are also available. The new store features both indoor and outdoor seating along with free Wi-Fi. 

 

Rock in the New Year in Nearby London, Ontario

Rock in the New Year in Nearby London, Ontario

 

Still undecided as to how to ring in 2015? Looking for something the entire family will enjoy? Pack the car and head to nearby London, Ontario, for a Rockin’ New Year’s Eve celebration!

Taking place from 6 p.m. to midnight on Dec. 31 in beautiful Victoria Park (509 Clarence St., bordered by Central, Wellington, Dufferin and Clarence) this year's Rockin’ New Year’s Eve boasts an awesome entertainment lineup as guests welcome in 2015 with music, laughter and spectacular fireworks. This event is all about family and fun ... and it’s free!

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BNHV to Host New Book Club, Plans Stained Glass Event

BNHV to Host New Book Club, Plans Stained Glass Event

 

Events focused on 19th century books and stained glass will take center stage during two January gatherings at Buffalo Niagara Heritage Village, 3755 Tonawanda Creek Road, Amherst.

Buffalonians Tasted the Alluring Dessert at Turkish Cultural Center

Buffalonians Tasted the Alluring Dessert at Turkish Cultural Center

Turkish Cultural Center Buffalo members hosted their neighbors and friends in the center building, for a delicious “Turkish Coffee Night” with the theme of “the Alluring Dessert: Baklava”, on Saturday, December 6th night. With unexpected attendance exceeding the seating capacity of the room, invitees enjoyed the presentation of Mr. Hayrettin Ceker, a TCC volunteer, on the history, recipe and different types of Baklava.

Answering a short quiz on Baklava, three lucky guests of the night determined by raffle drawing, are also awarded with a one-year free subscription for the Fountain magazine. TCC volunteers and their guests enjoyed Turkish appetizers and friendly environment before tasting pistachio and walnut baklavas served next to classically brewed Turkish coffee at the end of the night.

TCC Buffalo will hold its next Coffee Night in the historic Town Lodge building of Clarence, NY following the holiday season. 

Peace Islands Institute and TCC Buffalo Volunteers Visited Temple Beth Abraham & Temple Beth Zion

Peace Islands Institute and TCC Buffalo Volunteers Visited Temple Beth Abraham & Temple Beth Zion
Peace Islands Institute and TCC Buffalo Volunteers Visited Temple Beth Abraham and Temple Beth Zion Communities for Sharing Ashure

A group of seven volunteers have visited Temple Beth Abraham community in their Sabbath gathering on November 21st. After the prayer session, on behalf of PII, M. Fethullah Simsek explained the story of and the spirit of sharing behind Ashure (Noah’s Pudding) and spoke about the interfaith activities of PII.

Another ashure visit is made to Temple Beth Zion community in their Sabbath gathering on December 5th. After the prayer session, Rabbi Adam Scheldt kept his sermon short in few minutes emphasizing the commons shared by Judaism and Islam religions, quoting Verse 6:84 from Qur’an. He then gave stage to M. Fethullah Simsek, on behalf of visiting volunteers. Mr. Simsek spoke about the interfaith activities of PII and the efforts for forming “peace islands” beyond the mere “peaceful coexistence” goal.