Friday, December 18, 2015 | North Kitsap Herald
NorthKitsapHerald.com
Page A21
Donation
Army Staff Sgt. Samuel Shockley tells employees of The Point Casino and Event Center that support for veterans is critical to recovery from injuries and the rebuilding of lives.
Continued from page A20 behalf of Homes for Our Troops. “No words can express the depth of what we owe our service people,” The Point general manager Leo Culloo said in making the presentation. In response, Shockley said he appreciates the gratitude America has for veterans of Afghanistan and Iraq, noting that veterans of the Vietnam War didn’t receive such gratitude. He said the support today’s veterans receive is critical to healing and rebuilding lives. Shockley is now a member of Homes for Our Troops’ Veteran Action and Advisory Team, and drove to the check presentation in the GMC Sierra 2500
“No words can express the depth of what we owe our service people.” — Leo Culloo, general manager, The Point Casino and Event Center
Richard Walker / Herald
Duramax he saved for during his three deployments, and which has been adapted for his use. He had a place of honor at the dinner, and swapped elk-hunting stories with a Point employee and fellow
hunter. For the last several years, The Point’s employees have chosen an annual charitable partner. This year, The Point raised $85,000 through a summer golf tournament, an
Autumn Harvest Charity Dinner, employee contribu-
tions, and donation bins for guests. In other years, The Point raised $46,000 to fight ALS and $42,000 for the Alzheimer’s Association. Michael Weeks, food and beverage manager, said Homes for Our Troops
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was selected by employees because less than 10 percent of its funds is spent on administrative costs. “We wanted to do something for our veterans, and Homes for Our Troops has extremely high ratings,” he said.
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Choosing an education savings plan for your family A 529 plan is a standard investment tool that offers tax advantages to the user. There are two options: • A prepaid 529 plan. This program is designed to protect families and students from inflation. You buy a number of “tuition credits” at current standard rates for use later on, as a percentage of the tuition fees of the day. Not all state plans are open for enrollment this year, so check with your accountant for the particulars. PHOTO: COMSTCOK IMAGES / THINKSTOCK
• A savings 529 plan. Most states have 529 savings plans, in which you invest your money to be managed as part of a mutual fund. The performance of the various state plans varies; however, in general, this is a solid way to begin setting aside college tuition money long before you and your child need it. Unlike a 529, the Coverdell education savings account plan can be used to cover eligible costs all through elementary and high school as well as college. If they’re used for education, the distributions are tax free. If you’d like learn more about how you can start saving early for your child’s tuition fees, the best route is to talk to a financial adviser or investment representative. They’ll know which plan is the most viable for your situation.
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