Tuesday, November 19, 2013

What We Learned About Our Community

Today we heard from Rotarian Peter Weiglin who spoke about the Rotary Foundation.

November is Rotary Foundation month. The foundation started in 1917 and is best known for giving over $500 million to eradicate polio. The goal is that every Rotarian would donate at least $100 every year to the share fund. The foundation promotes peace, helps prevent diseases, provides access to clean water and sanitation, improves basic education and literacy, and helps communities develop through microfinance.

Each Rotary district and each Rotary club has a foundation committee. The foundation dollars are channeled through our global network of local Rotary clubs around the world in the form of national grants and district grants. The rating of the foundation is outstanding and has extremely low administrative costs.

Next week we will hear from Heidi Woods, Director of Coalition for a Drug Free Clermont County.

Tuesday, November 12, 2013

What We Learned About Our Community

Today we heard from Cyndy Wright of Park National Bank who spoke about Health Savings Accounts. Park manages over 10,000 accounts with an average balance around $2000 each. While people tend to use them day-to-day, balances seem to be increasing. These accounts already conform to the Affordable Care Act, so they are alive and well for 2014.

An HSA is an individual, portable trust account that helps pay for your out-of-pocket health expenses and is not subject to income tax when used for qualifying health expenses. These include visits to doctors, vision, dental, long-term care premiums, etc. Setting aside these dollars can especially help us when we retire if we are able to save them up until that time.

These types of plans make us more conscientious and more in control of our health care expenses. Contributions can be done through payroll deductions and also directly at your bank. While you are paying a larger portion of expenses, you still get the negotiated rates of health care companies while.

You are eligible for HSA if you are covered by a high deductible health insurance plan, not covered under other health insurance, not enrolled in Medicare and not another person’s dependent. Certain contribution limits apply and the annual year-end deadline is April 15.

For more information contact Cyndy chwright@parknationalbank.com

Next week we will hear from Rotarian Peter Weiglin who will speak about the Rotary Foundation.

Tuesday, November 5, 2013

What We Learned About Our Community

Today we heard from our exchange student, Joseph Kunz of Berlin, Germany.

Germany has many bordering countries and 16 different city states. Joseph showed us photos of his parents and his brother who is also an exchange student in Franklin, Tennessee. His grandfather, who died at age 92, was a businessman, Rotarian and even a Rotary District Governor who wrote 8 books. Joseph’s dad was also an exchange student in Dallas when he was a boy and continues to reconnect with his host family.

In 2008, Joseph visited friends in Africa and he says “it was the 3 weeks that changed my life.” He encountered women who had no idea if they would see their children the next day, people who drank the blood of cows to become stronger and ironically, many people who found great happiness under very simply conditions. This impacted Joseph a lot. In fact, he finds it extremely difficult to throw away extra food because it reminds him of those in need.

Next week we will hear from Cyndy Wright about Health Savings Accounts. It is our visitor day, so come have breakfast with us!