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Show December 2001 Senior Section Page 3 Thorneberry Atrium like a private club Thorneberry Atrium is Something Special! Nestled in the heart of historic Pleasant Grove is a wonderful wonder-ful little community. It's called Thorneberry Atrium, and it's more like a private club than anything else. The Atrium is designed specifically for active people 55 and over. On cold winter days Atrium residents don't have to worry about shoveling shovel-ing walks or braving freezing freez-ing temperatures. Mail is delivered inside, elevators and wide well lit hallways lead to all apartments, and there are amenities galore. There is a computer room, big screen TV room, fitness room, Jacuzzi, library, and more all under one roof. Outside they also have a second Jacuzzi, swimming pool, tennis court, and picnic pic-nic area. The apartments all feature private patios, private storage units, large closets, and separate laundry laun-dry rooms with full-size hook ups. Right next door is the brand new Jacobs Senior Center. Many Atrium residents resi-dents drop by for lunch, social activities, or to take an interesting classes. Also adjacent to the Atrium is the Pleasant Grove Post Office, and Main Street is only one block east. That means banking, doctftrs offices, shopping, parks, and the library are all within with-in easy walking distance. All of the amenities and conveniences aside, the manager, Linda Kershner, says, The best thing about the Atrium, hands down, are the residents themselves. them-selves. One can't walk through the front door without with-out feeling the tremendous sense of community that pervades this unique build ing." It's easy to see why she feels this way. Visitors are often greeted by residents resi-dents sitting around the fireplace reminiscing about the colorful history of Pleasant Grove (a history that is brought to life by the series of historic monuments monu-ments lining the broad walkway in front of the building). It's not uncommon uncom-mon to find neighbors celebrating cele-brating one another's birthdays, birth-days, conducting sing-a-longs at the electronic piano, or sharing their knowledge of the Internet on one of the computers. When a resident is feeling under the weather, neighbors neigh-bors always pitch in to help. Every Utah County resident resi-dent should familiarize themselves with Thorneberry Atrium. It's truly a neighborhood for our community to be proud of. Drop by for a visit at 201 West Thorneberry Way ( 100 South) between 9 a.m. and 5 p.m. Monday through Friday, or call Linda at 785-8384 for an appointment appoint-ment outside of regular business hours. You'll be glad you did. Beneficial LifeEquity Services help seniors save money SCARLETT M. BARGER Times Writer Seniors seeking assistance with financial planning can turn to Beneficial LifeEquity Services in Provo. Gary Robinson, an agent with Beneficial Life and a registered representative rep-resentative for Equity Services, said senior citizens often get hit the hardest hard-est with taxes. Seniors commonly get taxed on their savings, and problems often arise when a death occurs. But through planning and coordination, coordi-nation, agents can help seniors save money, Robinson said. His business tries to coordinate financial planning with estate planning, so seniors do not need to turn to a separate authority on each. He also works with accountants and attorneys to accentuate benefits. Beneficial Life offers guaranteed products such as IRAs, tax-deferred annuities and life insurance. Equity Services, on the other hand, allows customers to set up mutual funds and variable annuities. Beneficial LifeEquity Services' goals are to maximize Social Security, maximize income and reduce taxes. Its agents can reach these goals by moving money to and Cove Point Retirement Park "A Bridge to better living" it .1 j IV 1 K&W 1 or 2 bedroom apartments (complete kitchens) Home cooked meals Housekeeping Scheduled transportation Beauty Barber shop Recreation & activities 24 hour service Laundry facilities All faiths welcome Retirement Apartments and Assisted Living 377967 1988 N. Cove Point Ln. Provo (2000 North State Street) We Comply With The Fair Housing Act from various accounts, Robinson said. In the past year, there have been two major changes in tax codes: The New Retirement Distribution Rules and the Economic Growth and Tax Relief Reconciliation Act of 2001. The codes are designed to help people protect the majority of their estates on a tax-favored basis, so it is important impor-tant for seniors to understand what they can do, Robinson said. He has set up a seminar for seniors sen-iors to learn about the new tax codes as well as time-proven strategies to minimize or eliminate income taxes, capital gain taxes and estate taxes. Through the seminar, each senior can get a free financial and estate planning consultation. Among other subjects, the seminar addresses new IRA rules, alternative ways to fund nursing home costs and how to plan for loss of retirement income when a spouse passes on. The next seminar will be Thursday, Jan. 3 at the Provo City Library at Academy Square. It will begin at 1 p.m. The seminar is free, and those interested can make reservations reser-vations by calling Erin at 375-2266. Beneficial LifeEquity Services is located at 3549 N. University Ave. 200 in Provo. For more information, call 375-2266. BTI1ED? Tax Changes of 2001 Benefit You! Explaining the New Tax Code Changes and How They Benefit You YOU WILL LEARN: New KA Overhaul: New Required Minimum Distribution calculations and permitted beneficiary changes create less taxes for you today - hence more tax-deferred income for you to spend later or to leave to your loved ones, for up to two generations. Necessity for Updated Beneficiaries: In order to take full advantage of the Tax act, all beneficiary ' arrangements (prior to January 12, 2001) need to be restructured. Nursing Home Financial Ruin: Tax favored repositioning technique is preserved under new tax code as an alternative option to pay for Long Term Care, in lieu of paying $2,000 per year or more for traditional Long Term Care insurance, or self-insuring. Loss of Retirement Income: Married couples ultimately lose one Social Security check, AND, a possible pos-sible reduction of pension income caused at the first spouse's death. Implementation of the IRS TAMRA Guidelines can make up for this inevitable cut in Low Bonk CD Rotes: Federal Reserve interest rate cuts have devastated CD interest rates. Learn about Bank CD alternatives that could potentially offer higher high-er yields, and tax advantages. January 1, 2002 1m Law Changes: Prepare now for tax law changes that take effect on January 1, 2002, including a new provision that allows a 457 pension plan to be rolled over to an IRA. SEATING IS LIMITED FOR RESERVATIONS CALL THURSDAY JANUARY 3 1:00 PM MONDAY JANUARY 7 1:00 PM Provo City Library at Academy Square, Room 308, Young-Card Room 550 N. University Ave. Provo, Utah Reservations Required No walk-ins PLEASE The Pmcnunon has been drugnol for information onlv Take the time to tour this beautiful new library after the seminar. 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