Greenwood Newsletter December 17, 2014
GREENWOOD CHRISTIAN CHURCH
Greenwood Christian Church is located at 447 Elm Street, Greenwood, NE 68366
Open Hospitality Room & Open Sanctuary Prayer 9:15-9:45am
Worship Service 10:00-11:15am (Children's Church & Nursery Available)
Zumba Women's Fitness 7:00pm with Lisa Steiner $5/class
Troop 34 Boy Scouts Meeting 7:00pm
Scout Master: Greg Loubert
6:30-7:30pm Kids Bible Club & Youth Group for ages 3-18. Free to attend.
History: According to past pastors, Gail Portenier wrote: This church was organized in 1863 and is now 151 years of age. The present building, which has been modified several times was built in 1874.
Invite your friends, neighbors, and family to Christmas Eve Service Dec. 24th at 7:00pm.
WEDNESDAY DECEMBER 17...ELEM CHOIR &5TH GRADE BAND CONCERT 2:30PM
THURSDAY DECEMBER 18.....MS INSTRUMENTAL &VOCAL CONCERT 7PM
FRIDAY .....DECEMBER 19....WRESTLING DUAL @ GRAND ISLAND 10AM
SATURDAY DECEMBER 20....WRESTLING DUAL @ GRAND ISLAND 10:30
BOYS BB @ MILFORD 2 PM
SATURDAY FRIENDS OF THE LIBRARY SPONSORED SANTA AND HERE IS A COUPLE PICTURES FROM THE AFTERNOON..
Treasurer Stenberg Reminds Nebraskans of Dec. 31 Deadline for
NEST College Savings Contributions, Increased Tax Benefits Now in Place
Lincoln, Neb. (Dec. 9, 2014) – Nebraska taxpayers are reminded that contributions to college savings accounts in the Nebraska Educational Savings Trust (NEST) must be postmarked by Dec. 31 to qualify for the 2014 tax year state income tax deduction, State Treasurer Don Stenberg said today. The maximum deduction this year is $10,000 for a couple filing jointly or for a single tax filer, up from the previous $5,000 deduction.
Stenberg said account owners who contribute to their accounts electronically have until 10:59 p.m., CT, on Dec. 31 to make their contributions.
“This will be the first year that Nebraskans will benefit from the significantly higher tax deduction that was approved by the Nebraska Legislature in 2013. We are grateful for the Legislature’s action to approve the higher tax deduction, which is attracting more families to open college savings accounts through NEST and providing them with responsible and varied investment options,” Stenberg said.
The number of Nebraska account owners has grown from 57,000 in June 2013, when the new legislation was passed, to 63,000 today. In all, NEST has more than 220,000 account owners across the United States.
“Setting up a 529 college savings account for a child or grandchild—or contributing to an existing account—is one of the most thoughtful and long-lasting gifts you can give this holiday season,” added Stenberg, who as State Treasurer is Trustee of NEST. “A state-sponsored 529 savings account provides assurance and peace of mind for both the giver and the recipient. Knowing that your money is invested wisely and that your child or grandchild will be in a better position to pay for college is one of the best ways to celebrate the holidays.”
Stenberg said setting up a NEST college savings account takes less than 10 minutes. Descriptions of the four plans can be found at the Treasurer’s website atwww.treasurer.org. Click on the College Savings tab and then on the About the Plans link.
Stenberg offered the following advice about end-of-the-year NEST contributions:
· Grandparents may take advantage of the Nebraska income tax deduction by opening and contributing to their own NEST accounts for their grandchildren. However, they cannot claim a deduction for contributions to a grandchild’s account owned by the child’s parents.
· Current NEST account owners may want to consider increasing their contributions to their existing 529 college savings accounts through the NEST Automatic Investment Plan (AIP). The savings option allows an account owner to systematically contribute to a NEST account directly from a personal checking or bank savings account. An AIP can be set up online or by mail. To set up an AIP online, go to www.nest529direct.com, log on to your account, and click on Asset Management link. Then click on Setup AIP and fill in the online form. An account owner may also request a paper form in the mail by calling customer service at 888-993-3746 (toll free).
Director of Communications and Executive Assistant
Nebraska State Treasurer's Office
Nebraska State Capitol, Suite 2005
Post Office Box 94788
Lincoln, Nebraska 68509