Page 22 - PGA Community News- November '23

Page 22, PGA C.A.N.! BW November 2023
November 2023
Palm Beach Symphony Receives

Two Emmy Award Nominations

Eudora’s Fable: The Shoe Bird the inaugural broadcast in our Dale A. McNulty Children’s Braman Motorcars, Thomas and Carol Bruce, CIBC Private
Concert Series that introduces young audiences to orchestral
Wealth, Amy and John Collins, The Colony Hotel, CORPGOV,
Has Aired On South Florida music,” said Palm Beach Symphony CEO David McClymont. Suzanne Mott Dansby, The David Minkin Foundation, The
Frederick A. DeLuca Foundation, Willard H. Dow and Kelly
“It is among the many firsts of our 50th Anniversary Season
PBS And Around The Nation which will include four world premieres.” Winter, Dr. Richard and Diane Farber, Bill and Kem Frick/
The Suncoast Chapter of The National Academy of The Frick Foundation, Inc., Gerry Gibian and Marjorie
Palm Beach Symphony has been nominated for two Television Arts & Sciences is the standard-bearer for excellence Yashar, Morgan Glazar/Tom James Company, Paul and Sandra
Emmy Awards in the Suncoast Region for its South Florida in the television industry and the gatekeeper of the prestigious Goldner, Douglas and Jo Gressette, Irwin and Janet Gusman,
®
PBS broadcast of Eudora’s Fable: The Shoe Bird, originally regional Emmy Awards in the Suncoast Region. The Suncoast Thomas E. Harvey & Cathleen P. Black Foundation, Doris
performed in concert as part of the symphony’s Dale A. Chapter represents the best and brightest television and media Hastings Foundation, Carol S. and Joseph Andrew Hays, John
McNulty Children’s Concert Series. professionals from all disciplines of the industry and from all Herrick, Addison Hines Charitable Trust, George Hines, HSS
Palm Beach Symphony Music Director Gerard Schwarz, of the Suncoast region’s television markets. The 47th Annual Florida, IPO Edge, IYC, Charles and Ann Johnson/The C and
a multi-time Emmy Award winner who led the symphony Suncoast Regional Emmy Awards will be held Saturday, Dec. A Johnson Family Foundation, Barbara and William Karatz
in the televised concert, was nominated in the category of 2 at the Diplomat Beach Resort in Hollywood, Fla. Fund/William Karatz and Joan G. Smith, Elaine Kay, Leonard
Director, Long Form Content. Music Producer Carlos Lopez, a The Palm Beach Symphony’s education programs are made and Norma Klorfine Foundation, The Kovner Foundation,
Grammy Award winner and three-time Latin Grammy Award possible through support from The Paul and Sandra Goldner Gary and Linda Lachman/The Lachman Family Foundation,
®
recipient, received a nomination in the Audio category. Conservatory of Music, Frederick A. DeLuca Foundation, Patricia Lambrecht, Tova Leidesdorf, Lugano Diamonds, The
In addition to its broadcasts on South Florida PBS, the The McNulty Charitable Foundation, James R. Borynack Honorable Bonnie McElveen-Hunter, The McNulty Charitable
concert has been seen by more than 114.7 million viewers and Adolfo Zaralegui/FINDLAY Galleries, Mr. William Foundation, David Moscow, NetJets, Palm Beach Design
around the United States since March. The program is offered Robertson, The Rickel Foundation, James H. and Marta T. Masters, Patrick and Milly Park/Park Foundation, Nancy and
for national broadcast by American Public Media through the Batmasian Family Foundation, Florida Power & Light, Edith Ellis J. Parker III, PNC Private Bank, Lois Pope, Provident
symphony’s partnership with South Florida PBS. Hall Friedheim/Eric Friedheim Foundation, Inc., Walter Jewelry, Ari Rifkin/The Len-Ari Foundation, Dr. Martha
Performed and recorded locally in 2021, Eudora’s Fable: Harper, The Spoto Family Fund, The Harry T. Mangurian, Jr. Rodriguez, Karen and Kenneth Rogers, Ronald Rosenfeld,
The Shoe Bird is an adaptation of Pulitzer Prize winner Eudora Foundation Inc., Lois Pope, Peter and Felicia Gottsegen/The David Schafer, Seth Sprague Foundation, Robin B. Smith,
Welty’s only children’s book. Composer Samuel Jones adapted Gottsegen Family Foundation, and Yvonne S. Boice Trust and Kimberly V. Strauss, Dodie and Manley Thaler and the Thaler/
the story to create the music and lyrics. The concert is narrated Alfred Zucaro. Howell Foundation, Jerome and Carol Trautschold, Sieglinde
by Charlie Adler, named one of the “Top All-Time Voice-Over Proud sponsors of Palm Beach Symphony include Cindy Wikstrom/The Wikstrom Foundation, and The Ann Eden
Artists” by Animation Magazine. The Young Singers of the Anderson and Jerome Canty, Max and Christine Ansbacher, Woodward Foundation/James and Judy Woods. Programs are
Palm Beaches also appear as a guest chorus. Mrs. James N. Bay, Alan Benaroya, Arthur & Mara Benjamin also sponsored in part by the State of Florida, Department of
“We are thrilled to be recognized by the Suncoast Chapter Foundation, JoAnne Berkow, Kathy Lee Bickham and John State, Division of Arts and Culture, and the Florida Council
of the National Academy of Television Arts & Sciences for Bickham, Leslie Rogers Blum, Jeffrey and Tina Bolton, James on Arts and Culture.
R. Borynack and Adolfo Zaralegui/FINDLAY Galleries,
It’s The Law!
Advertise, Send Articles. Check out our website!

Did You Know That, In www.seabreezepublications.com or call 746-3244

Florida…

By Adam S. Gumson,
Esq.
Did you win the Financial Focus ®
lottery? Print your
name on the back of the
ticket and complete the What Should You Know reduce an RMD-related tax hike?
information requested You might have some options. Here are two to consider:
there immediately. A About RMDs? • Convert tax-deferred accounts to a Roth IRA
winning lottery ticket By Sally Sima Stahl account. You could convert some, or maybe all, of your
is like a check: Anyone You may spend decades tax-deferred retirement accounts to a Roth IRA. By doing
in possession of it can contributing to various so, you could lower your RMDs in the future – while adding
present it, along with a retirement accounts. But funds to an account you’re never required to touch. So, if
government issued identification card (and Winner for some accounts, such you don’t really need all the money to live on, you could
Claim Form if over $600) and walk away with the as a traditional IRA and include the remainder of the Roth IRA in your estate plans,
winnings. Don’t make any other alterations as doing 401(k), you must start providing an initially tax-free inheritance to your loved
so could delay the payment of your winnings. withdrawing funds at a ones. However, converting a tax-deferred account to a
More than 13 million parents are separated or certain point. What should Roth IRA will generate taxes in the year of conversion, so
divorced in households where children are under you know about this you’d need the money available to pay this tax bill.
the age of 21 with the vast majority of custodial requirement? • Donate RMDs to charity. In what’s known as a
parents being the mother. Sadly, less than one-half To begin with, the qualified charitable distribution, you can move up to
of those awarded child support actually collect the rules governing these $100,000 of your RMDs directly from a traditional IRA to
full amount. withdrawals – technically called required minimum a qualified charity, avoiding the taxes that might otherwise
Naming a beneficiary in your will or trust distributions, or RMDs – have changed recently. For result if you took the RMDs yourself. After 2023, the
does not guarantee that the beneficiary receives many years, individuals had to begin taking their RMDs $100,000 limit will be indexed to inflation.
the particular asset because a valid Beneficiary (which are based on the account balance and the IRS’ life Of course, before you start either a Roth IRA conversion
Designation Form (“BDF”) takes precedence. expectancy factor) when they turned 70½. The original or a qualified charitable distribution, you will need to
So, make sure that your BDFs align with your SECURE Act of 2019 raised this age to 72, and SECURE consult with your tax advisor, as both these moves have
present wishes or the beneficiaries in your will/ 2.0, passed in 2022, raised it again, to 73. (If you turned 73 issues you must consider and may not be appropriate for
trust will not receive the assets in those particular in 2023, and you were 72 in 2022 when the RMD limit was your situation.
accounts. still 72, you should have taken your first RMD for 2022 by But it’s always a good idea to know as much as you can
A guardian is a surrogate decision-maker April 1 of this year. You will then need to take your 2023 about the various aspects of RMDs – they could play a big
appointed by the court to make either personal and/ RMD by Dec. 31. And going forward, you’ll also need to part in your retirement income strategy.
or financial decisions for a minor or for an adult with take your RMDs by the end of every year.) This article was written by Edward Jones for use by
mental or physical disabilities. After adjudication, Not all retirement accounts are subject to RMDs. They your local Edward Jones Financial Advisor, Edward Jones,
the subject of the guardianship is called the ward. aren’t required for a Roth IRA, and, starting in 2024, Member SIPC.
won’t be required for a Roth 401(k) or 403(b) plan. But Edward Jones is a licensed insurance producer in
if your account does call for RMDs, you do need to take all states and Washington, D.C., through Edward D.
John Deloach them, because if you don’t, you could face tax penalties. Jones & Co., L.P., and in California, New Mexico and
Previously, this penalty was 50 percent of the amount you Massachusetts through Edward Jones Insurance Agency
Experienced Driver were supposed to have taken, but SECURE 2.0 reduced it of California, L.L.C.; Edward Jones Insurance Agency of
to 25 percent.
New Mexico, L.L.C.; and Edward Jones Insurance Agency
For your errands and airport transportation When you take your RMDs, you need to be aware of of Massachusetts, L.L.C.
Ride in my Lincoln a key issue: taxes. RMDs are taxed as ordinary income, Edward Jones, its employees and financial advisors
Continental and, as such, they could potentially bump you into a higher cannot provide tax advice. You should consult your
tax bracket and possibly even increase your Medicare qualified tax advisor regarding your situation.
References available premiums, which are determined by your modified adjusted Contact us at (561) 748-7600, Sally Sima Stahl, AAMS,
upon request gross income. Are there any ways you could possibly 1851 W. Indiantown Road, Ste. 106, Jupiter, FL 33458.
Please call (561) 310-1063 Paid Advertisement