December 2007 Newsletter

What's New

Play the Kickback 12 Days of Christmas game starting December 1.

How to play:

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WESTVILLE COFFEE BAR IS WARMING UP! Check out our wide variety of 8 cappaccino flavors plus hot chocolate! Boston Creme, White Chocolate, Pumpkin Spice, Egg Nog, Cinnamon Roll, Traverse City Cherry, Almond Ameretto and French Vanilla!

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Check out our great line of Holiday candies.

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Hoosier Lottery scratch off tickets & BP gift cards make great stocking stuffers or last minute gifts.

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Holiday Hours

Both stores will close at 6 PM on Christmas Eve and be closed on Christmas Day. Stores will reopen at 6 AM on Dec. 26.

Be sure to share this J-MARt newsletter with a friend

Community Corner

Come to the 10th Annual 2007 Pioneer Land Christmas Open House at LaPorte County Fairgrounds

Saturday & Sunday, December 1st & 2nd, 3 PM to 8 PM

Families are encouraged to visit us for this special occasion! Admission is FREE!

DRAFT HORSE WAGON RIDES will be offered both Saturday and Sunday, weather permitting. (Dress appropriately).

The LaPorte County Fairgrounds is on State Road 2, just west of LaPorte. Turn on Zigler Road. Enter Pioneer Land off of Zigler Road at the first left entrance into the fairgrounds. Turn right after the Community Building.

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The Seventh Graders are selling Scrip Gift Cards for many establishments locally as well as nationally. Don't run around from store to store, order them all from Wanatah Seventh Grade. The class receives a percentage of each sale.

Cards are for places such as JCPenney, Kohls, Home Depot, Menards, bp, Marriott, Best Buy, Applebees, Burger King, TGIF and hundreds more.

Contact any Wanatah Seventh Grader, visit glscrip.com, or pick up an order blank from Wanatah School. Orders go in on Tuesday mornings and are available for pick up on Fridays.



Tip Zone

It is time once again to be thinking about finding that perfect Christmas gift for your child or grandchild.

Are you dreading trying to fight the crowd to find that just right gift? Was last year's present only appreciated for a short time? Do you feel gifts wear out too easy or become outdated too soon? This year, why not give a gift that will last a lifetime? How about a gift that will be appreciated by not only your child or grandchild but also by his or her parents? Why not start something that may help you on your Indiana Income taxes as well? What is it you ask? The gift of savings for a college education invested in an Indiana CollegeChoice 529 plan. Just as Christmas is getting closer every day, so is college for your children and grandchildren.

Effective January 1, 2007, parents, grandparents and others can contribute to a qualified 529 college investment plan for their children or grandchildren and receive up to a $1,000 credit on their 2007 Indiana taxes. Whether your loved one is a newborn or currently enrolled in college, you may be able to benefit from this tax credit. CollegeChoice accounts can be used to pay for expenses at any accredited college, university, and many vocational training programs, in Indiana or worldwide. Unlike an UGMA or UTMA savings account, the owner of the account (parent or grandparent) retains control over the funds.

College costs are continually rising at faster than the rate of inflation. According to data from the Annual Survey of Colleges of the College Board, a child entering college 10 years from now will have tuition costs of $147,073 for a public college. Implementing a plan now can help your kids tremendously in the future.

Many people think that investing has to be with a large sum of money. That is simply not true. A CollegeChoice 529 plan can be started with as little as $50 and subsequent contributions can be as little as $25 per deposit. By starting a CollegeChoice 529 plan this Christmas, investing can be made easy for everyone. Consistent, regular investing may be a good way for many people to work toward building wealth over the years. Remember, each day that passes is one day closer to your (grand)child(ren) entering college.

Until this year, traditional methods such as Savings Bonds, UGMA & UTMA accounts, pass book savings and other state's 529 plans were a great way to save for college. They still are, but adding up to $5,000 per year in an Indiana CollegeChoice 529 Plan will now earn you a 20% credit on your Indiana taxes.

Christmas is just a few weeks away and college for your (grand)kids is closer than you think. For additional details on the Indiana CollegeChoice 529 plan, call Julianne Charlesworth, CPA for more information on how this Christmas you can give a gift that will keep on giving.

Units of the 529 plan investment options are municipal securities and may be subject to market value fluctuation. Before investing in a state specific 529 plan, you should compare your own state's qualified tuition program and any state tax or other advantages it may provide.



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