Coal waste

Continued from Page 1B where there are billions of tons of material that’s available.”

The mechanical engineering professor and his multidisciplinary team of civil engineers, chemists and physicists anticipate it will be about a year before these decking materials will be ready for commercialization, but they should ultimately be cheaper than wood-based paneling, Trembly said.

It will cost roughly $1.75 per square foot for a carbon-based panel, as opposed to a wood alternative that ranges somewhere between $2 and $6 a square foot.

“I’m hoping, if everything goes right, maybe next year you can go to Lowe’s and pick a piece off the shelf,” he said.

Across the lab, one of Trembly’s industry partners, Rudy Olson, held up a chunk of carbon-based foam, which looks suspiciously like a piece of Styrofoam dyed dark gray, but is heavier, more metallic and less malleable

Olson, the general manager and chief training officer of West Virginia-based CFOAM, explained that his company, which has partnered on previous projects with Trembly’s team at Ohio University, has developed a way to turn coal into foam. It then can be used for composite tooling in manufacturing and blast protection systems in the aerospace industry.

“This is a game changer,” Balderson

And third, when you look back since the 1960s, the market has actually produced some of its highest returns when consumer sentiment is low (and this datapoint hit a multidecade low earlier this year).

As for bonds, they definitely haven’t been the ‘safe haven’ that investors have come to consider. This is because, thanks to rising inflation and an aggressive Federal Reserve, interest rates are continuing to rise, which subsequently has caused bond prices to fall (think of a teeter-totter). But just like stocks, the bond market has its own cycle. And consider this: Historically, longer-term interest rates tend to drop at the beginning of a recession. This suggests that when a recession eventually hits (because we’re essentially always heading towards one), bonds should once again perform as expected and add value to a portfolio.

Here’s the Allworth Advice: We can’t predict the future. No one can. But we can lean on the past to help be our guide. And the fact is, stocks and bonds have consistently gained value over time. If you can remain patient – and can stomach the occasional bout of turbulence –you should be rewarded.

Q: T.M and S.M. in Delhi Township: We’re new to Medicare and just noticed we’re paying much more than

270 days. Pharmacy board regulations do not specifically address this situation and don’t indicate which entity – if any –would receive a provisional dispensary license that has been revoked, said board attorney Michelle Bohan

But Bohan said the pharmacy board has no plans to amend the rules to head off this kind of complication. The board directs licensees to get their own legal advice on these issues, she said.

“As with all other types of zoning restrictions, applicants are responsible for determining compliance with local laws addressing the prohibition or restriction of these facilities,” Bohan said.

“The board cannot and does not provide legal guidance to applicants on local zoning laws or the legality of zoning ordinances or prohibitions enacted after provisional dispensary licenses are awarded.”

Milford didn’t want to be ‘guinea pigs’

Milford banned medical marijuana dispensaries in 2017, fearing they would lead to spikes in crime, drug use and overdoses. A councilman noted then that cities near Milford were holding off on accepting the newly allowed stores and that Milford would do well not to serve as “guinea pigs.”

But the city reversed itself in June whatwewereexpectingforourpremiums. What’s going on?

A: It sounds like you may have been hit with an IRMAA, shorthand for an ‘income-related adjustment amount.’ This is essentially a surcharge on the baseline Medicare premiums for high earners. For 2022, an IRMAA can range anywhere from an extra $68 to $408 a month for the Part B premium, and from $12 to almost $78 extra for the monthly Part D premium.

The key here to understand is that the Social Security Administration (which is in charge of Medicare) typically looks at your modified adjusted gross income (MAGI) from two years prior to determine your current premiums. So, think back to 2020. Assuming you filed taxes jointly, was your income more than $182,000? If so, then an IRMAA applies (and you should have received what’s called a ‘predetermination notice’ in the mail alerting you to this).

The Social Security Administration reevaluates IRMAAs every year, so your 2023 premiums could change. You can also appeal your IRMAA if you don’t believe it should apply to you – but just understand you’ll have to provide proof of incorrect data or a life-changing event that has significantly altered your income.

Your situation is just one reason why

2021, as the state prepared for a second round of dispensary licenses

Fifty-eight dispensaries, including six local stores, currently are operating in the state. The Ohio Board of Pharmacy issued provisional licenses for 70 more in May. Seventeen were for local dispensaries, including the two earmarked for Milford.

Three each were issued for Oakley and Monroe, two each for Norwood, Union Township and Oxford and one each for Cincinnati’s central business district, Westwood and Whitewater Township.

Medical marijuana dispensaries can be a revenue source for local governments

Columbia Township’s financial success with two medical marijuana dispensaries has not gone unnoticed.

The township expects to collect a total of about $1 million annually from its dispensaries, David Kubicki, president of its board of trustees, said. In addition to new property and payroll taxes, Columbia Township gets 2.5% of both dispensaries’ gross annual revenues.

He said the township has used its new money to buy underutilized property to put to better use, lower its waste and recycling tax rate and host more community events.

Cascade Southern will pay Milford healthcare planning needs to be a critical part of your overall retirement planning, making the Allworth Advice fairly simple: Reach out to a fiduciary financial advisor. He or she can help you analyze potential strategies for reducing your MAGI and thereby decreasing – or even eliminating – your IRMAA down the line.

Every week, Allworth Financial’s Amy Wagner and Steve Sprovach answer your questions. If you, a friend, or someone in your family has a money issue or problem, feel free to send those questions to yourmoney@enquirer.com

Responses are for informational purposes only and individuals should consider whether any general recommendation in these responses is suitable for their particular circumstances based on investment objectives, financial situationandneeds.Totheextentthatareaderhasanyquestionsregardingtheapplicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional adviser of his/her choosing, including a tax adviser and/or attorney. Retirement planning services offered through Allworth Financial, an SEC RegisteredInvestmentAdvisor.SecuritiesofferedthroughAWSecurities,aRegistered Broker/Dealer, member FINRA/SIPC Visit allworthfinancial.com or call 513469-7500

1.5% of its annual gross sales to fund public safety, infrastructure improvements and future development, under an agreement approved by city council in September.

Doss said an estimated 10 to 15 dispensary employees – including technicians, physicians and pharmacy staff –would generate new city income taxes and the dispensary building new property taxes.

“The projected increase in customers visiting Milford will have a residual impact on our local restaurants and retail merchants,” Doss said.

“As the dispensary gains additional recognition, the city expects local tourism and usage of our park system, recreational trails and Little Miami River to garner interest from customers patronizing the dispensary.”

Local dispensaries open now h Columbia Township: Sunnyside dispensary at 5149 Kennedy Ave. and Verilife Cincinnati dispensary at 5431 Ridge Ave. h Hartwell: Zen Leaf Cincinnati at 8420 Vine St. h Lebanon: About Wellness Ohio at 1525 Genntown Drive. h Monroe: Strawberry Fields at 300 N. Main St. h St. Clair Township: Bloom Medicinals at 403 S. Main St. carbon-based materials that will supply the energy industry and create highpaying jobs,” he said. said during the tour.

The only roadblock to that future, so far, is funding, but help is likely on the way.

President Joe Biden recently signed the CHIPS and Science Act of 2022 into law,whichsetsaside$52billiontoboost domestic manufacturing of computer chips.

The law includes a provision championed by Sen. Joe Manchin, D-West Virginia, that sets aside roughly $50 million for two carbon materials research centers, Balderson explained.

Although the particulars have not been fleshed out just yet, Ohio Universitywillhaveanopportunitytoapplyfor a portion of that funding, between $20 and $25 million, to establish a center run by the Institute for Sustainable Energy and the Environment, the congressman said.

For the university’s president, Hugh Sherman, this kind of development is a key tenet of OU’s mission to serve the Appalachian region.

“This is a way for us to set the path forward and really focus on key areas and invest in them,” he said.

And far as Trembly is concerned, carbon-based materials are the future of renewable technology.

He told the Congressmen that within

10 to 15 years, commercial manufacturing facilities could employ thousands in the region, with all of them part of turning legacy coal waste into an environmentally-friendly, long-lasting material.

“There’s never going to be one silver bullet,”he cautioned. “But using coal renewables is going to be a big part of the future supply chain.”

Trembly’s goals are ambitious.

“Ideally, we want to create advanced

During the tour, both Balderson and Johnson pledged to help Trembly and his team secure that funding – starting with writing a letter to the U.S. Department of Energy describing the value of the institute’s work.

Johnson, who serves on the House Committee on Energy and Commerce, pointed out that Ohio has a legacy of innovation – from Thomas Edison’s lightbulb to the Wright brothers’ airplane to theaccomplishmentsofJohnGlennand Neil Armstrong in space.

“It’s just so exciting to me to see more futuristic breakthroughs coming out of OU,” he said.