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4A – Daily News – Wednesday, July 7, 2010 Commerce business Corning evening to be hosted by Interland Thursday • Corning in the Evening – 5:30 p.m. Thursday, July 8, Interland Business & Gifts, 1122 Solano St., will host the monthly chamber get together. These events give businesses the opportunity to showcase what they have to offer, so come and see what Renae Beckley and mother Penny Blanchard, co-owners of the store, have to offer in the way of services and supplies. Bring your business card for a chance to win a door prize. Refreshments will be served. • Investment Seminar -11 a.m. to 1 p.m., July 17, Lisa Rodriguez, an Edward Jones Financial advisor in Corning, is sponsoring "A Woman's Journey toward Financial Independence" at 1415 Solano St., Corning. A healthy lunch will be included. Call Patti at Fountain of Health for more infor- mation, 689-0222 or call Cindy at Edward Jones at 824-4290. • Grand Opening – Just a reminder that you are invited to the River Valley Community Outreach Center Grand Opening Saturday, July 10 from 10 a.m. to 2 p.m. at 290 Virginia St. in Gridley. This new Outreach Center was created to help families stay in their homes, reduce the size of our landfills, and connect the over-stocked with the under-resourced. They have tile, grout doors, cabinets, sinks, win- dows and more, all at the price of a donation! For more information call 701-4462. • Music in the Park – 7:30 p.m., every Saturday at the Northside (pool) Park, there will be a variety of music performed by different artists. This Saturday will be Alejandra Villa Senor. There will be concession stands to purchase snacks and refreshments. The proceeds will go toward refurbishing Rodger’s Theatre. So come out and enjoy some free musical entertainment in the park and plan to buy some snacks to help bring back our theater. • Olive Festival – The chamber is looking for businesses interested in sponsoring the up-coming Olive Festival, Aug. 27-28. If you have not received a sponsorship letter and are interested in sponsoring this event, call the chamber at 824-5550. If you can’t be a sponsor at this time, we hope you will want to advertise in the Olive Festival Sponsor Book for a very inexpensive rate. Sponsor book information will be sent this week and we look forward to your response. We appreciate all the businesses that generously support the three major chamber events. We can’t hold these events for the community without your help. We work hard to provide wonderful community events that bring hundreds of people from all over to our town. ——— This column is prepared and submitted by the Corning Chamber of Commerce. & If you’re in one of the early waves of baby boomers, you may know some retirees who are now enjoying a wide variety of activi- ties — possibly even including a new career. And you, too, may now have some choices about how to spend your time. Should you stay at your current job? Should you retire altogether and travel or pur- enterprise Hiring trends survey predicts increases Light industrial and clerical posi- tions will likely see continued hiring increases for the third quarter, accord- ing to a national hiring trends survey conducted by Express Employment Professionals. Express surveyed 10,181 current and former clients across the compa- ny’s more than 550 locations in the United States and Canada. Thirty-four percent of respondents plan to hire full-time commercial and light indus- trial positions in the third quarter, while 28 percent plan to hire for administrative and office clerical posi- tions. According to the hiring trends sur- vey, these two types of positions have been in strong demand during 2010. Since Janu- ary, 37 percent of survey respondents filled adminis- trative and office clerical positions and 32 percent filled commercial and light industrial positions. The Express hiring trends survey, which yield- ed a 9.19 percent comple- tion rate, also looked at what is most important for new hires. Topping the list is credible work history, followed by job experience and specific skills. “To ensure that an applicant’s work history is credible and accurate, we conduct hands-on computerized testing and skills testing” said Lisa Hansen, Red Bluff Express franchisee. “We conduct reference checks on applicants, as well as background checks and drug screening as requested by clients.” Lisa Hansen Tyler Smail sue hobbies? Or should you “retire” and then start a new job, do some consulting or even open your own busi- ness? While you may have choices on how to draw an income, you’ll also have some key issues to consider. For starters, think about how your earnings might affect one source of retire- ment income: Social Secu- rity. As an early wave baby boomer, your “full retire- ment age,” from a Social Security standpoint, will be around 66. If you are younger than full retirement age during all of 2010, you will lose $1 from your benefits for each $2 you earn above $14,160. But if you reach your full retirement age during 2010, you’ll lose $1 from your benefits for each $3 you earn above $37,680 until the month you reach that age. Keep in mind that these fig- ures are for 2010 only; for changes in 2011 and suc- Health care reform and your money One of the biggest hurdles to the pas- sage of the sweeping health care overhaul earlier this year was to determine how it will be funded. The Patient Protection and Affordable Care Act will tap a variety of funding sources, and will shift some costs from one part of the system to another as modified by the Health Care and Education Affordability Recon- ciliation Act of 2010. As a result, the average health consumer may see shifts in their premiums, taxes, deductibles, and co-pays. Here are four ways in which the health care reform bill might possibly change your finances, and each of them is worth watch- ing. You may receive a tax sub- sidy. The new law establishes state- or region-based insurance exchanges where individuals and small businesses can shop for insurance plans. These regulated plans will be subject to standardization rules, and may offer better benefits than some current plans – but that may also drive their price tag higher. Enter the tax subsidy pro- gram, which will offset some of the increased cost of plans available in the exchanges, beginning in 2014. You’ll pay if you don’t play. Beginning in 2014, the federal govern- ment will fine those who don’t have health insurance. Those most likely to risk living without health insurance are the young and the healthy. However, when insurers are forced to cover anyone who applies, and the healthy people leave the system, the insured pool is likely to need more health services. The insurance mandate, for which there are only a handful of exemptions, will levy fines that go up for the first three years. In ceeding years, you’ll want to check with the Social Security Administration. Once you reach full retirement age, you can keep all your benefits, no matter how much you earn. Deciding what to do about Social Security isn’t the only move you need to make if you work during your “normal” retirement years. You’ll also want to contribute as much as possible to your IRA, 401(k) or other employer-sponsored retire- ment plan. During these years, with your children grown and your mortgage possibly paid, you may have more investable income available — so take advantage of the opportuni- ty. You’ll also need to care- fully review your portfolio to help ensure your invest- ment mix is appropriate for your needs. To stay ahead of infla- tion, you’ll still need to invest for growth, but since you’re not that far from retirement, you’ll also want to control risk and volatili- ty as much as possible. Fur- thermore, you’re at the time of life when you may want to consider consoli- dating your investment and retirement accounts. If you have an IRA here, a 401(k) there and another account someplace else, you have a lot of paperwork to keep track of, both during the year and, especially, at tax time. But even more impor- tantly, with all your accounts scattered, you might not be following one central, unifying investment approach — an approach The Red Bluff office, at 243 S. Main St., is taking applications. Businesses seeking employees may call 527-0727 or visit the Express website at www.expresspros.com. Moves for non-retiring baby boomers that could help make it eas- ier for you to pursue your long-term goals, including a comfortable retirement. By consolidating your accounts with one company, you can save time and possibly reduce administrative fees — while your accounts can work in harmony on your behalf. This may be a good time to consult with a profession- al financial advisor — someone who can help you make those choices that can help provide you with the freedom to spend this next phase of your life doing as you please. After all, you’ve earned it. Tyler Smail is a a financial advisor for Edward Jones, his office is located at 733 Washington St. in Red Bluff. He can be reached at 529-3627 or tyler.smail@edwardjones.c om. 100 Years of Scouting BSA – 2010 Special Commemorative Edition 2014, you’ll pay the greater of $95 or 1 percent of taxable income; in 2015 the numbers are $325 and 2 percent, and in 2016 they are $695 and 2.5 percent. Fines will continue after 2016 based on a government calculation of a cost-of-living adjustment to be determined. You might pay more if you earn more. Alan Foley Couples who earn more than $250,000 a year, and singles earning more than $200,000 through wages or self-employ- ment, will be subject to an addi- tional tax starting in 2013. If you fall into one of these categories, you will pay an additional 0.9 percent tax for Medicare Part A (hospital insurance) on earned income over the threshold amount. Additionally, for couples with modified adjusted gross income (AGI) over $250,000, ($200,000 for singles) there is a new Medicare surtax of 3.8% on the lesser of net investment income or the excess of AGI over the threshold amount. This tax also begins in 2013. Your premiums might rise. Insurance policy pricing today is based on risk. So, sicker people pay higher pre- miums and healthier people pay less. The reform effort seeks to even out those pre- miums, which will help those at a higher risk, but it will hurt those on the lower end of the risk scale. Subsidies, and the ability to remain on a parent’s plan longer, will help offset the increased cost, but a spike in premiums for the young and healthy is one of the expected changes from the bill. ___ Alan Foley is a financial advisor and business financial advisor for Ameriprise Financial, 2150 Main St., Ste. 8, and can be reached at 528-1328. Of the D NEWSAILY RED BLUFF TEHAMACOUNTY THE VOICE OF TEHAMA COUNT Y SINCE 1885 Saluting Tehama County Scouting Published Saturday, July 24, 2000 • Features on Tehama County Scout leaders attending Scouting’s 100th Anniversary Jamboree • Local Scouting participation and accomplishments • Exclusive features and articles on history of Scouting … and much more! Tehama County Businesses and Organizations! If you have sponsored Scouting, if your employees or members have been scouts or scout leaders, please join us in saluting Boy Scouting in Tehama County. Special pages containing exclusive features on Scouting will feature the advertisements in our July 24th edition that celebrate scouts, scout leaders and scouting. Two-page full color spread will highlight Tehama County scouts and scouting. Discounted rates available for Scout supported advertising in this edition. Advertising Space Reservation Deadline: Wednesday, July 21, 2010 Contact your Advertising Representative Today! 521-2151 advertise@redbluffdailynews.com