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Happy Chanukkah !

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Happy Chanukkah !

Chanukkah, the Jewish festival of rededication, also known as the festival of lights, is an eight day festival beginning on the 25th day of the Jewish month of Kislev.

Chanukkah is probably one of the best known Jewish holidays, not because of any great religious significance, but because of its proximity to Christmas. Many non-Jews (and even many assimilated Jews!) think of this holiday as the Jewish Christmas, adopting many of the Christmas customs, such as elaborate gift-giving and decoration. It is bitterly ironic that this holiday, which has its roots in a revolution against assimilation and the suppression of Jewish religion, has become the most assimilated, secular holiday on our calendar.

The Story

The story of Chanukkah begins in the reign of Alexander the Great. Alexander conquered Syria, Egypt and Palestine, but allowed the lands under his control to continue observing their own religions and retain a certain degree of autonomy. Under this relatively benevolent rule, many Jews assimilated much of Hellenistic culture, adopting the language, the customs and the dress of the Greeks, in much the same way that Jews in America today blend into the secular American society.

More than a century later, a successor of Alexander, Antiochus IV was in control of the region. He began to oppress the Jews severely, placing a Hellenistic priest in the Temple, massacring Jews, prohibiting the practice of the Jewish religion, and desecrating the Temple by requiring the sacrifice of pigs (a non-kosher animal) on the altar. Two groups opposed Antiochus: a basically nationalistic group led by Mattathias the Hasmonean and his son Judah Maccabee, and a religious traditionalist group known as the Chasidim, the forerunners of the Pharisees (no direct connection to the modern movement known as Chasidism). They joined forces in a revolt against both the assimilation of the Hellenistic Jews and oppression by the Seleucid Greek government. The revolution succeeded and the Temple was rededicated.

According to tradition as recorded in the Talmud, at the time of the rededication, there was very little oil left that had not been defiled by the Greeks. Oil was needed for the menorah (candelabrum) in the Temple, which was supposed to burn throughout the night every night. There was only enough oil to burn for one day, yet miraculously, it burned for eight days, the time needed to prepare a fresh supply of oil for the menorah. An eight day festival was declared to commemorate this miracle. Note that the holiday commemorates the miracle of the oil, not the military victory: Jews do not glorify war.

https://www.jewfaq.org/holiday7.htm

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An Anonymous Act of Kindness

train station

File Photo Boyd Loving

An Anonymous Act of Kindness
December 8th 2012
the staff of the Ridgewood blog

Ridgewood NJ , An anonymous good Samaritan helped helped a gentleman who had fallen near the Ridgewood Dunkin Donuts the Friday before last .

Ray Graglia from Rutherford was so moved by the anonymous act of kindness that he wrote a letter to the Ridgewood News in which he recounted his tale and to thank whom ever had helped him out.

Graglia wrote ,” On Friday, Nov. 30, I visited some friends in Hawthorne. That evening one took me to the train station in Ridgewood, as I live in Rutherford and it’s on the NJ Transit Bergen Line as is Ridgewood. I went to the Dunkin’ Donuts across the street, bought a coffee and roll and started crossing the street to the train station. I walk with a cane now, as a result of a heart attack and brain injury I suffered on Jan. 3, 2010.

There are gratings in the street and my cane must have slipped on them and I fell. Within a few minutes a woman came and aided me and helped me up. She could have easily walked on by.” ( https://www.northjersey.com/news/opinions/182486121_Letter__A_thank_you_to_an_anonymous_good_Samaritan.html

He went on to say , “She gave life to the saying “the kindness of strangers.” I did not get her name and this is my small way of thanking her.”

He finished up by saying , ” My estimation of people has grown dramatically since I became a member of the International Federation of Cane Users. People stop at intersections in their vehicles and wave me across.” They offer me their seats on trains, buses, and subways. To all of them I can only say: “Thank you.” ( https://www.northjersey.com/news/opinions/182486121_Letter__A_thank_you_to_an_anonymous_good_Samaritan.html )

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Ridgewood Police Department an on-site assessment

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Ridgewood Police Department an on-site assessment 

Ridgewood NJ, The Ridgewood Police Department is scheduled for an on-site assessment as part of a program to maintain accreditation by verifying it continues to meet professional standards.

Administered by the Commission on Accreditation for Law Enforcement Agencies, Inc. (“CALEA”), the accreditation program requires agencies to comply with state-of-the-art standards in four basic areas: policy and procedures; administration; operations; and support services.
As part of the on-site assessment, agency employees and members of the community are invited to offer comments at a public information session on Monday, December 17, 2012 at 7:00pm. The session will be conducted at the Ridgewood Municipal Court located at 131 N. Maple Avenue, 4th Floor, Ridgewood, NJ.

Agency employees and the public are also invited to offer comments by calling (201) 615-6977 on Monday, December 17th between the hours of 1:00pm and 3:00pm. Comments will be taken by the Assessment Team.

Telephone comments, as well as appearances at the public information session, are limited to 10 minutes and must address the agency’s ability to comply with CALEA’s standards. A copy of the standards is available at the Ridgewood Police Department, 131 N. Maple Avenue, Ridgewood, NJ. The local contacts are Capt. Jacqueline Luthcke, Officer Jeffrey Casson or Officer Joseph Youngberg at (201) 251-4534.

Anyone wishing to submit written comments about the Ridgewood Police Department’s ability to comply with the standards for accreditation may send them to the Commission on Accreditation for Law Enforcement Agencies, Inc. (“CALEA”), 13575 Heathcote Boulevard, Suite 320, Gainesville, Virginia 20155.

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Pearl Harbor Remembrance Day in United States

pearl harbor mem day

Pearl Harbor Remembrance Day in United States

National Pearl Harbor Remembrance Day remembers those who died or were injured when Pearl Harbor, in Hawaii, was attacked in 1941.

National Pearl Harbor Remembrance Day, which is annually on December 7, commemorates the Japanese attack on Pearl Harbor, in Hawaii, during World War II. Many American service men and women lost their lives or were injured on December 7, 1941. National Pearl Harbor Remembrance Day is also referred to as Pearl Harbor Remembrance Day or Pearl Harbor Day.

Pearl Harbor  is also the day the “Greatest Generation” stepped up and took on the greatest fight, it is hard to imagine the reaction today . While many young men and women would still step up ,the “failure generation”  would  be busy searching for someone to surrender to. The media would of course blame the American people and the President would tell us this is a teachable moment . More reason than ever to remember Pearl on December 7, 1941.

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Black boxes in cars raise privacy concerns

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Black boxes in cars raise privacy concerns
Posted: Dec 07, 2012 7:32 AM EST Updated: Dec 07, 2012 10:52 AM EST
By Associated Press

WASHINGTON – Many motorists don’t know it, but it’s likely that every time they get behind the wheel, there’s a snitch along for the ride.

In the next few days, the National Highway Traffic Safety Administration is expected to propose long-delayed regulations requiring auto manufacturers to include event data recorders – better known as “black boxes” – in all new cars and light trucks. But the agency is behind the curve. Automakers have been quietly tucking the devices, which automatically record the actions of drivers and the responses of their vehicles in a continuous information loop, into most new cars for years.

When a car is involved in a crash or when its airbags deploy, inputs from the vehicle’s sensors during the 5 to 10 seconds before impact are automatically preserved. That’s usually enough to record things like how fast the car was traveling and whether the driver applied the brake, was steering erratically or had a seat belt on.

The idea is to gather information that can help investigators determine the cause of accidents and lead to safer vehicles. But privacy advocates say government regulators and automakers are spreading an intrusive technology without first putting in place policies to prevent misuse of the information collected.

Read more: https://www.myfoxdc.com/story/20286045/black-boxes-in-cars-raise-privacy-concerns#ixzz2EO6htSln

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Ridgewood Veterinary Hospital’s Second Annual Favorite Pets 2013 Calendar Photo Contest

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Ridgewood Veterinary Hospital’s Second Annual Favorite Pets 2013 Calendar Photo Contest

Dear Facebook Friends, Fans and Clients:

It has come to our attention that there are several challenges that we are facing with our Calendar Contest this year. Therefore we are changing the rules & regulations of the contest as of Monday, November 26, 2012, to make photos more visible to others and make the contest easier for those using a Facebook App. **All photos that have already been submitted will automatically be entered into the contest & all previous “likes” will be counted. **
Starting today, please submit your photos for the contest either by Facebook message, or by emailing them to us at: contact@ ridgewoodvet.com. Upon receiving the photos we will post them into a photo album specifically for the calendar contest. Please make sure that you identify your pet’s first & last name when submitting the photos. ( https://www.facebook.com/Ridgewoodvet?ref=ts&fref=ts )

Please read official rules, regulations and instructions located in our notes section for further details.
Hopefully, this will eliminate the problems we have been having thus far and we will have a fun, successful contest with a fabulous calendar turn out. Thank you all for your patience and participating!

( https://www.facebook.com/Ridgewoodvet?ref=ts&fref=ts)

Ridgewood Veterinary Hospital’s Second Annual Favorite Pets 2013 Calendar Photo Contest

Rules, Regulations and Instructions :
a. You must be 18 or older to participate
b. The contest is in no way supported, sponsored by or affiliated with Facebook.
c. You must be able to submit a regular sized digital (Jpeg) to RVH upon winning. A horizontal photo is preferred, but not necessary.
d. By participating in the contest you are allowing us to use and distribute the image of your pet on any of our online sites and related marketing of Ridgewood Veterinary Hospital. Therefore, you must have complete and exclusive rights to the original photograph and be the pet owner. If the entry photo also has a picture of a person or group of people, you must be that person, or the parent and/or guardian of that person.
e. By participating in the contest you understand that by posting photographs on Facebook (or any other internet website) your photographs may be available for public viewing and/or use. Ridgewood Veterinary Hospital is in no way responsible for any distribution of your photograph beyond our normal marketing by any other individuals or companies.
f. In order for your photo to be considered, please submit your photos for the contest either by Facebook message, or by emailing them to us at: contact@ ridgewoodvet.com. Upon receiving the photos we will post them into a photo album specifically for the calendar contest. Please make sure that you identify your pet’s first & last name when submitting the photos.

g. If you win the contest you may be contacted via email so please email us at: [email protected] upon uploading your pet’s picture. Please include the entry photo’s title in the subject box and include in the message your full name, pet’s name, email and contact phone number.
h. Your contact information will not be used for anything other than to contact you to inform you if you win this contest.
i. You may only upload 1 picture of each pet, however, you may enter as many pets as you wish. You may also submit a group photo of your pets for consideration as well as individual pictures.
j. Contest ends on December 14, 2012. Winners will be notified by December 31, 2012.
k. Winner will be determined by whichever picture receives the most “likes” on Facebook by December 14, 2012 at 5:00 p.m.
l. There will be 12 winners in total. The first prize winner will win: A $250 Gift Certificate to Ridgewood Veterinary Hospital, as well as their photo featured on the cover of the calendar and a select month of the year. The second prize winner will win: A $100 Gift Certificate to Ridgewood Veterinary Hospital, Winners 1-11 will be featured as the photograph of a select month of the year.
m. Any questions, concerns etc. should be directed to Ridgewood Veterinary Hospital. [email protected]
To learn more about our hospital as well as past and future events, please visit our website:
WWW.RIDGEWOODVET.COM

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Will Increased Competition in Health Care Exchanges Actually Raise Costs?

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Will Increased Competition in Health Care Exchanges Actually Raise Costs?
By Cory Bennett | National Journal – Sun, Dec 2, 2012

The Political Landscape is a weekly conversation with National Journal writers, editors, and outside experts on the news of the day.

With President Obama’s reelection, it became a near certainty that the major components of the Affordable Care Act, more commonly known as Obamacare, would be going into effect on Jan. 1, 2014. Primarily, by then each state is expected to have what’s called a healthcare exchange.

Essentially, these exchanges are an online marketplace for those who don’t receive insurance through an employer or for those who work at a very small business. Various insurers will be required to provide information about their different plans on this online marketplace, and individuals can go there and, in theory, easily compare plans by price, range of coverage, etc.

It’s been pitched as a way to not only bring insurance to many uninsured Americans, who have no easy way of finding plans, but also as a way to lower costs. The rational behind these lower costs? More competition. And transparent competition. In theory, the health care exchanges allow two things. One, it gives insurers an easy way to promote their plans. And two, it gives consumers an easy way to price compare.

Basic economic theory would say that more competition and less market monopoly leads to lower prices.

Maybe not, says Dana Goldman. Goldman is the Chair in Medicine and Public Policy at the University of Southern California, and the director of the of the Center for Health Policy and Economics at the USC Price School of Policy, Planning, and Development. He co-founded Precision Healthcare Economics, a healthcare consulting firm, and writes for the New York Times’ Economix blog.

In a recent piece he co-authored, Goldman wrote, “In financial markets, we ask if banks are too big to fail. When it comes to health care, perhaps we should ask if insurers are too small to succeed.”

Our show this week in two parts.

Part 1: We talk to National Journal health care reporter Margot Sanger-Katz. She’ll explain exactly what these exchanges are, and how they’re being rolled out. The department of Health and Human Services was sitting on many exchange regulations until after the election, so only now are we getting a sense of how this will unfold.

Part 2: We explore the economic theory behind these exchanges. Dana Goldman will explain why basic economic theory may not apply to health care markets, which, as he explains, are imperfect. And if health care markets are imperfect, why are we assuming insurance cost reductions will come from increased competition?

https://news.yahoo.com/increased-competition-health-care-exchanges-actually-raise-costs-130047642–politics.html

Dec. 14 Deadline – Inform U.S. Secretary of Health and Human Services whether New Jersey will or will not establish a NJ Health Exchange

What YOU Can Do NOW: Email and phone the Governor, urging him to oppose creation of a state-run health exchange.

Governor Chris Christie – 609-292-6000

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Bid Notice – Furnishing and Delivering of 53 Sets of Personal Safety Escape System

ridgewood fire department theridgewoodblog.net

Photo by Boyd Loving

Bid Notice – Furnishing and Delivering of 53 Sets of Personal Safety Escape System

Sealed bid proposals will be received by the Village of Ridgewood Fire Department, in the Chief’s Office, 201 East Glen Avenue, Ridgewood, New Jersey 07451 on Thursday, December 27, 2012 at 10:00 a.m. prevailing time, and then publicly opened and read aloud for following project:

“Furnishing and Delivering of 53 Sets of Personal Safety/Emergency Escape Systems”

The work of the contract shall consist of providing 53 sets of Personal Safety/Emergency Escape Systems compatible with Globe GXcel Turnout Bunker gear suitable for structural firefighting, including onsite training to the Village of Ridgewood Fire Department as specified and described in the bid documents.

Specifications and bid forms may be obtained by mail from the office of the Fire Chief, Village of Ridgewood Fire Department, 201 East Glen Avenue, Ridgewood, New Jersey 07451, telephone (201) 444-8822, for a non-refundable fee of $10.00, per set of bid documents. Documents may be examined or picked up in person between the hours of 8:30 a.m. and 4:30 p.m. at the Fire Department, 201 East Glen Avenue, Ridgewood, New Jersey 07451, Monday through Friday. Prospective bidders requesting bid documents be mailed to them shall be responsible for providing their own postage/delivery service remuneration. No Specifications and/or Proposal forms shall be given out after 4:30 p.m. on Monday, December 24, 2012.

Prices quoted must be net and exclusive of all federal, state and local sales and excise taxes. Bids may be submitted in person or by mail. Mailed bids shall be addressed to the Office of the Chief of the Fire Department. The Village assumes no responsibility for loss or non-delivery of any bid to the bid opening location sent to it prior to the Bid opening.

The contractual obligation of the Village of Ridgewood under this Contract for these Items is contingent upon the availability of appropriate funds from which payment for this Contract can be made.

Each bid must be enclosed in a sealed envelope with the name of the bidder thereon and endorsed, “Furnishing and Delivering of 53 Sets of Personal Safety/Escape Systems for the Village of Ridgewood” and must be accompanied by the following: a certified check, cashier’s check, or Bid Bond (Schedule B), drawn to the order of the Village of Ridgewood for ten percent (10%) of the amount bid, or $20,000, whichever is less; a Consent of Surety (Schedule A); a Corporation or Partnership Statement (Schedule C); a Non-Collusion Affidavit (Schedule D); and a Statement of Responsibility (Schedule E). Any award or awards may be made at a later or subsequent time or meeting of the Village Council. All required schedules, that is Schedule A, B, C, D, and E, are required to be submitted on the forms enclosed in the bid documents. No other forms will be accepted.

All contractors, their subcontractors, and material suppliers shall comply with all applicable provisions of the Contractor Business Registration Program, pursuant to Public Law 2004 Chapter 57. Evidence of satisfactory registration(s) shall be submitted at the time of the bid. All bids submitted shall contain a copy of the bidder’s New Jersey Business Registration Certificate in accordance with N.J.S.A. 52:33-44.

The successful bidder shall furnish and deliver to the Village of Ridgewood a performance and payment bond in the amount of 100 percent of the accepted bid amount as security for the faithful performance of the Contract. Additionally, the successful bidder shall furnish policies or Certificates of Insurance required by the Contract. In default thereof, said checks and/or bid bond and the amount represented thereby shall be forfeited to the Village of Ridgewood as liquidated damages, not as a penalty.

Proposals submitted by Bidders and/or Bidder’s Insurance Company(ies) not chartered in the State of New Jersey, must be accompanied by proper certificate(s) from the Secretary of State, indicating that such Bidders, Bidder’s Insurance Company(ies), and/or Surety Company(ies)’s is (are) authorized to do business in the State of New Jersey. The Village of Ridgewood reserves the right to reject any or all bids, to waive any informalities or to accept a bid which, in its judgment best serves the interest of the Village. No bids may be withdrawn for a period of sixty (60) days after the date and time set for the opening of bids.

“BIDDERS ARE REQUIRED TO COMPLY WITH THE REQUIREMENTS OF N.J.S.A. 10:5-31 et seq. and N.J.A.C. 17:27. A complete statement as to these requirements is included in the specifications.”

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The Least Harmful Ways to Raise Government Revenue

feature Best Spots to Go Cliff Diving in Mexico By EpicStockMedia 3194236033

 

The Least Harmful Ways to Raise Government Revenue

Guidelines for Fiscal Cliff Negotiators

Washington, D.C., December 5, 2012—With the fiscal cliff looming, lawmakers are looking for new revenues as part of a bipartisan deal to reduce the federal deficit. While raising new revenues may be politically necessary to seal a deal, lawmakers must keep in mind that not all revenue raisers are equal. With that in mind, the Tax Foundation has released an analysis of revenue options, ranking them from least to most harmful.

Research from the Organization for Economic Cooperation and Development has established a hierarchy of which taxes are most and least harmful for long-term economic growth. They determined that the corporate income tax is the most harmful for long-term economic growth, followed by high personal income taxes. Consumption taxes and property taxes were found to be less harmful to economic growth relative to taxes on capital and income.

“If lawmakers decide that new revenues must be part of any long-term effort to solve the budget crisis, they must choose the least harmful way of raising new revenues or else they risk compounding the crisis by slowing economic growth,” said Tax Foundation president Scott Hodge. “Our list of revenue measures is not comprehensive, but it should give lawmakers some guidelines on how to avoid the most economically harmful options.”

The number one recommendation for raising revenue is the simplest: economic growth. This may seem obvious, but whether or not we have sufficient new economic growth to generate more revenue is directly dependent upon the rest of the economic policy decisions made by Congress. A pro-growth agenda will generate more tax revenue organically as conditions improve across the board, while tax increases that slow growth will create stagnation that will actually lose money for the Treasury.

Also at the top of the list for bringing new money in the door are asset sales, requiring government-sponsored businesses to start paying income taxes, and raising user fees and leases on government goods and services. The value of mineral rights owned by the federal government, for example, has been estimated at over $1 trillion. Privatizing certain government-run enterprises would also turn tax-subsidized operations into tax-generating ones. To learn more about unlocking the potential of mineral ownership, visit doggettland.com. Their expertise can help mineral owners maximize returns and navigate complex ownership processes.

Options in the middle of the pack include taxing currently untaxed businesses (like credit unions, electrical coops, and some hospitals and insurance companies), increasing Medicare premiums, and raising the amount federal employees must contribute to their own health care and retirement costs.

The least attractive options include raising individual income tax rates, increasing the estate tax, and raising rates on capital gains and dividends. Worst of all for economic growth, however, would be increasing corporate income tax rates, which are already the highest in the industrialized world.

Tax Foundation Fiscal Fact No. 344, “Raising Revenue: The Least Worst Options,” by Scott Hodge is available here.

The Tax Foundation is a nonpartisan research organization that has monitored fiscal policy at the federal, state and local levels since 1937. To schedule an interview, please contact Richard Morrison, the Tax Foundation’s Manager of Communications, at 202-464-5102 or [email protected].

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THANK YOU FOR SERVING

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THANK YOU FOR SERVING: Upon Executive Order from Governor Chris Christie, flags at Ridgewood schools will be flown at half-staff on Thursday, December 6, in recognition and mourning of a brave and loyal American hero, United States Marine Corporal Christopher M. Monahan Jr. of Island Heights who tragically lost his life while supporting Operation Enduring Freedom. He was a 2005 graduate of Central Regional High School in Bayville.

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Is the U.S. Postal Service the Next Greece?

Ridgewood Post office theridgewoodblog.net

Is the U.S. Postal Service the Next Greece?

Postmaster General Likens Agency to Worst of European Fiscal Crisis

Washington, D.C., December 4, 2012—Concerns over the perilous financial condition of the U.S. Postal Service have caused observers, including its own Postmaster General Patrick Donahoe, to compare the agency’s prospects to the spiraling economic crisis in Greece. While the scope of the problem warrants the comparison and their finances are unsustainable in the absence of genuine reform, the Postal Service’s reaction to its own bleak budgetary prospects offers some encouragement, according to a new study from the Tax Foundation.

“Although the postmaster general has made the Greek analogy only a few times in passing, the topic is worth considering in more detail,” said Tax Foundation fellow Michael Schuyler. “Greece’s disastrous experience holds valuable lessons, applicable to the Postal Service, regarding the dangers of large and persistent deficits and the desirability of addressing financial problems sooner rather than later.”

Even without the postmaster general’s comments, the Greek analogy would have come to mind on August 1, when the Service defaulted on a legally required $5.5 billion contribution to the Retiree Health Benefits Fund. The Service also maxed out its credit line at the U.S. Treasury in September, reaching its statutory borrowing limit of $15 billion. It has warned that it will be perilously short of cash throughout 2013, meaning that if receipts are even slightly below expectations or costs above, it may be unable to pay workers and suppliers promptly and in full. Thankfully, the Postal Service’s problems are less serious and easier to solve than Greece’s.

“Postmaster General Donahoe used the Greek analogy to help people understand the peril to mail users if the Postal Service were to resist the operational changes needed to control its costs,” said Schuyler. “Although some of the Service’s proposals are open to criticism, it is to be praised for firmly rejecting the Greek approach and, instead, attempting proactively to return to financial self-sufficiency.”

Tax Foundation Special Report No. 206, “Is the Postal Service Like Greece?” by Michael Schuyler, Ph.D. is available here.

The Tax Foundation is a nonpartisan research organization that has monitored fiscal policy at the federal, state and local levels since 1937. To schedule an interview, please contact Richard Morrison, the Tax Foundation’s Manager of Communications, at 202-464-5102 or [email protected].

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Free Live Webinar That Answers All Your Questions About Cloud Computing 12/5

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“Free Live Webinar That Answers All Your Questions About Cloud Computing

 Register TODAY!

https://haontech.com/Free-Stuff/Webinar-Cloud-Computing/

 

What’s All The Buzz About Cloud Computing?
“How Cloud Computing Can Cut Your IT Costs by HALF, Provide Automatic Disaster Recovery and Free You To Work from Anywhere On ANY Device”Wednesday, December 5th @ 1:00 p.m. ET

Presented by
Fernando Sosa – HaonTech.com
Jennifer Glass – Credit Cards NJ

Warning!: There will be no ‘geek speak’ in this webinar. This is not a webinar for technical folks.  We will explain in plain english and answer your questions without using technical jargon.

Here’s What This Free LIVE Webinar Will Teach You:

  • ·         What is “cloud computing” and why thousands of companies are abandoning their current in-house computer network for this new, lower cost, more flexible alternative.
  • ·         How cloud computing can drastically lower your IT costs and free you from frequent (and expensive) hardware and software upgrades.
  • ·         How to gain automatic backup and disaster recovery through cloud computing.
  • ·         Answers to important questions about security, where your data is stored and Internet connectivity.
  • ·         Critical facts every business must know before switching to a cloud based network.

 

Register TODAY!

https://haontech.com/Free-Stuff/Webinar-Cloud-Computing/

 

Fernando Sosa – CEO, HaonTech.com, LLC.
Your Business Runs Smarter With Us

201-345-5526 ext.10
[email protected]
https://www.HaonTech.com

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IRS: Retirement Plans Can Make Loans, Hardship Distributions to Sandy Victims

Tree3 on stevens theridgewoodblog.net

Photo By Boyd Loving

IRS: Retirement Plans Can Make Loans, Hardship Distributions to Sandy Victims
IR-2012-93, Nov. 16, 2012

WASHINGTON — As part of the administration’s efforts to bring all available resources to bear to support state and local partners impacted by Hurricane Sandy, the Internal Revenue Service today announced that 401(k)s and similar employer-sponsored retirement plans can make loans and hardship distributions to victims of Hurricane Sandy and members of their families.

401(k) plan participants, employees of public schools and tax-exempt organizations with 403(b) tax-sheltered annuities, and state and local government employees with 457(b) deferred-compensation plans may be eligible to take advantage of these streamlined loan procedures and liberalized hardship distribution rules. Though IRA participants are barred from taking out loans, they may be eligible to receive distributions under liberalized procedures.
Retirement plans can provide this relief to employees and certain members of their families who live or work in the disaster area. To qualify for this relief, hardship withdrawals must be made by Feb. 1, 2013.

The IRS is also relaxing procedural and administrative rules that normally apply to retirement plan loans and hardship distributions. As a result, eligible retirement plan participants will be able to access their money more quickly with a minimum of red tape. In addition, the six-month ban on 401(k) and 403(b) contributions that normally affects employees who take hardship distributions will not apply.

This broad-based relief means that a retirement plan can allow a Sandy victim to take a hardship distribution or borrow up to the specified statutory limits from the victim’s retirement plan. It also means that a person who lives outside the disaster area can take out a retirement plan loan or hardship distribution and use it to assist a son, daughter, parent, grandparent or other dependent who lived or worked in the disaster area.

Plans will be allowed to make loans or hardship distributions before the plan is formally amended to provide for such features. In addition, the plan can ignore the limits that normally apply to hardship distributions, thus allowing them, for example, to be used for food and shelter. If a plan requires certain documentation before a distribution is made, the plan can relax this requirement as described in the announcement.

Ordinarily, retirement plan loan proceeds are tax-free if they are repaid over a period of five years or less. Under current law, hardship distributions are generally taxable. Also, a 10 percent early-withdrawal tax usually applies.

Further details are in Announcement 2012-44.

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Ridgewood High School moves one step closer to a Modern Learning Commons

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Ridgewood High School moves one step closer to a Modern Learning Commons
December 4,2012
the staff of the Ridgewood blog

Ridgewood NJ , The campaign to transform the Ridgewood High School Library into a new library/media center with flexible spaces for today’s students has raised over $ 597,000 and is closing in on its goal of $850,000.

According to the Learning Commons website the current library is the most utilized room in the school, visited by more than 1,700 students each day. It is more than 48 years old and is no longer compatible with the way today’s students interact and learn. With your support, the vision of a new Learning Commons — with attractive and efficient research and study space — can become a reality for the students at Ridgewood High School.

The Learning Commons will feature:

A state-of-the-art research center
Multi-purpose space for teaching and group study
Comfortable and inviting areas for individual and quiet study
Many opportunities for creativity and collaboration

We ask the support of the entire Ridgewood community to achieve our vision. The RHS Learning Commons Committee will hold a parent meeting on Tuesday, December 11 at 7:30 p.m. to solicit feedback and share ideas about the design of the new facility. All parents and guardians in the school district are invited to attend. For more information, please e-mailLori Weil at [email protected].

Our fundraising goal is $850,000! Please donate today! https://rhslearningcommons.com/

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Cleanup clears way for winter fun at Twinney Pond in Ridgewood

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njurbanforest.com

Cleanup clears way for winter fun at Twinney Pond in Ridgewood

MONDAY DECEMBER 3, 2012, 11:30 AM
BY DARIUS AMOS
STAFF WRITER
THE RIDGEWOOD NEWS

There is more to Ridgewood’s community cleanups than scooping up improperly discarded waste and neatly raking fallen leaves. For volunteers Ellie Gruber and George Becker, a little ingenuity is also required.

The two residents constructed a makeshift bridge leading out to the center of Twinney Pond Park in an effort to reach their treasures, which, in the case two Saturdays ago, were fallen tree limbs that had become fixed in the middle of the muck. The bridge was crafted out of previously trashed wooden planks found on site earlier in the day.

The lengths in which they traveled, literally and figuratively, to clear the mud-filled pond typified the spirit of the dozen or so volunteers and Girl Scouts who assembled for the annual cleanup of one of the village’s hidden gems.

Twinney Park, which is tucked away at the end of the Red Birch Court cul-de-sac, is highlighted by the expansive kettle pond – a natural pool that fills only after rain and when snow melts. A woodchip-laden trail with benches circles the shallow pond.

Though considered a municipal park, residents often handle Twinney’s maintenance. The cleanup two weeks ago was the yearly preparation for the cold-weather months, when the pond freezes and is used by area residents for ice skating.

“We have the Girls Scouts and so many members of Ridgewood Wildscape Association helping out. They help clean the park every year because so many kids come here and skate when it’s frozen,” said Bernadette Walsh, a Ridgewood council member, Girl Scout leader and Red Birch Court resident.

https://www.northjersey.com/news/181851241_Cleanup_clears_way_for_winter_fun_at_Twinney_Pond_in_Ridgewood.html