ˇ ´ VESTNIK
Volume 105 Number 40
S P J S T Benevolence
H E R A L D
★ Humanity ISSN —07458800
★ Brotherhood
SPJST Annuities: Excellent Way to Accumulate Money
Annuities are long-term, tax-deferred savings plans that provide lump sum funds, income for life, or income for a fixed period of time. They are an excellent way to accumulate money for retirement or other purposes. SPJST’s Traditional IRA or a Roth IRA may be purchased as an SPJST annuity. This year, you can contribute for 2017 until April 16, 2018. However, there are some limitations. For example, for 2017, the maximum you can contribute to a Traditional or Roth IRA is the smaller of $5,500 ($6,500 if you are age 50 or older) or an amount determined by your modified AGI for the current year. Both the Traditional and Roth IRA annuity amounts may be subject to additional penalties if withdrawn early. In addition to the Traditional IRA and Roth IRA, SPJST
also offers flexible premium annuities, five-year fixed annuities as well as 10-year fixed annuities. These annuities also grow tax deferred and can provide a source of income as well. SPJST’s fixed annuities do not have annual contribution limits or the income restrictions that IRAs have. SPJST surrender charges will apply to your annuity contract if early withdrawals are made. Annuities also offer some tax advantages over that of a bank CD. With a bank CD, you may have taxes every year as the interest accrued. However, with an annuity, income tax is deferred as long as the funds remain in the annuity. Please contact your annuity-certified agent or the Home Office at 1-800-727-7578 for more information. —SPJST—
October 18, 2017
Congratulations to Terry W. Skrhak of Lodge 29, Taylor who received the “Best Rig” award at the 17th Annual Lodge 29 Barbecue Cookoff held September 29 and 30. The event attracted 69 cookoff teams. More information and photos on pages 10 and 11.
District One Youth: Parade then Pizza, Popsicles in the Park
District One youth from Lodges 9, Snook; 17, New Tabor; and 186, Caldwell Youth Club ride the SPJST “Trolls” Float in the Burleson County Fair Parade on Saturday, September 22. CENTER PHOTO: After the parade,
youth gathered at Davidson Creek Park to enjoy a pizza social with ice cream and popsicles! See more on page 15. —Submitted by Holly Narro, Assistant District One Youth Counselor
N N N N N N N N Inside This Week’s Vestnik N N N N N N N N
Interest Rates ......................................3 Readers Write ......................................3 Important Dates ...................................3 Lodge Section......................................6 Recipe ..................................................6 Youth Section ....................................13
Youth Merit Points.............................16 Youth Clubs’ Quarterly Report ........17 In Memoriam ......................................18 Czech Culture ....................................19 Advertisements ............................19,21 Lodge Calendar .................................22
Page 7
Lodge 80 Holland couple shares summer volunteerism projects
Page 8
Lodge 162 Iowa Colony presents awards to teen members
Page 12
District Two Duchess participates in Bartlett Friendship Fest parade