SHARE Email Facebook Twitter December 08, 2017 Holidays, Press Release, Veterans Harrisburg, PA – Governor Tom Wolf today reminded Pennsylvanians that, in the spirit of the holiday season, this is the perfect time to support programs administered by the Pennsylvania Department of Military and Veterans Affairs.“We should remember to honor our veterans every day, not just on Veterans Day,” Governor Wolf said. “This is the time of year when many of us look for ways to share our good fortune and donate to a worthy cause, and the Pennsylvania Department of Military and Veterans Affairs’ programs that support our veterans and those currently serving are a wonderful way to give to those who have sacrificed so much for us.”The four tax-deductible programs administered by the DMVA are:Military Family Relief Assistance Program (MFRAP): The MFRAP provides financial assistance, in the form of grants, to eligible Pennsylvania service members and their eligible family members who have an immediate financial need based on circumstances beyond their control. This program is made possible by generous donations from taxpayers who designate all or part of their Pennsylvania Personal Income Tax refund to support Pennsylvania military personnel and their families, and by those who make a donation online, or privately by mail.Veterans’ Trust Fund (VTF): The VTF issues grants to statewide charitable organizations that assist veterans, veterans service organizations and county directors of veterans affairs to help veterans in need of shelter and necessities of living. The grants are funded by generous Pennsylvanians who voluntarily make a $3 donation when applying for or renewing their driver’s license or photo identification card and renewing a motor vehicle registration, from proceeds generated by the sale of the Honoring Our Veterans license plate, and through private donations by mail.Residents’ Welfare Funds: Resident’ Welfare Funds at the DMVA’s six veterans homes help to keep the residents active and healthy by providing activities, trips and entertainment. Donations are made online or through private donations by mail.Pennsylvania Veterans’ Memorial: Located at Indiantown Gap National Cemetery in Lebanon County, and maintained by the DMVA, the Pennsylvania Veterans’ Memorial is the first in the commonwealth to honor veterans of all eras from the Revolutionary War forward and it is the largest veterans memorial located in any of the national cemeteries. Donations are accepted online or by mail to help fund the maintenance and repair of the memorial.“There is no better feeling than to know you have helped a service member during an unexpected financial crisis, provided a disadvantaged veteran with basic life needs, given a State Veterans Home resident an opportunity for a special outing or activity, or helped to preserve our veterans honored memories by maintaining a memorial for future generations to visit,” said Maj. Gen. Tony Carrelli, Pennsylvania’s adjutant general. “That is what a tax-deductible donation to programs administered by the DMVA accomplishes every day for thousands of Pennsylvania’s active military, veterans, and their families.”When an online donation is made, donors may choose to enter honoree information and a plaque in their honor will be displayed on the Virtual Donor Wall. Online plaques will show that donations have been made: ‘in honor of,’ ‘in memory of,’ or ‘on behalf of’ someone.“The online Virtual Donor Wall serves as a meaningful and visual tribute to those who made a donation as well as those who are being recognized,” Carrelli added.To make a donation online or by mail for any of these four tax-deductible programs, or to learn more about each one, go to www.donate.dmva.pa.gov. Governor Wolf Reminds Pennsylvanians that the Holiday Season is the Perfect Time to Give in Support of Those Who Gave
MORE borrowers are looking to lock in their home loans amid the threat of rising interest rates, new research out today reveals.More than a third of Aussies (35.5 per cent) looking to take out a home loan would opt for a fixed-rate loan ahead of a split rate (34 per cent) or a variable rate (30.7 per cent), according to Gateway Credit Union.And over half of those surveyed said they would be in it for the long haul — choosing to fix their home loan rate for five years. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE Of the major cities, Brisbane residents are the second most likely in the country to want to fix their mortgage after Sydneysiders, with 35.1 per cent saying they would choose a fixed rate home loan over a variable or split option.It comes after Mortgage Choice’s latest national home loan approval data found Queenslanders were the keenest on fixed rates, with 24.74 per cent of all March loans being locked in.The results reveal the younger generation of 18 to 29 year olds are most inclined to take out a fixed rate home loan, followed by the 50 plus age bracket. More borrowers want to fix home loans amid threat of rising interest rates.Although the Reserve Bank of Australia kept interest rates on hold at its last board meeting, that hasn’t stopped banks from making a number of out-of-cycle home loan rate rises.Gateway CEO Paul Thomas said speculation around changing market conditions had clearly rattled borrowers.“We know property prices are sky high, compound that with low wage growth, high levels of household debt and out of cycle rate hikes and you can expect that consumers might be worried about maintaining a loan, especially if they have no control over repayments because of a fluctuating rate,” Mr Thomas said. “Borrowers have enjoyed low rates for quite some time but the results suggest that we may be in for tougher times ahead.“We all know the RBA is likely to raise rates but these findings suggest borrowers think that once rates start to shift upwards they won’t be coming back down again for some time.”Along with considering fixing part, or all, of your home loan, Omniwealth’s Andrew Zbik has some more tips to prepare for rising interest rates:More from newsMould, age, not enough to stop 17 bidders fighting for this home5 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor5 hours ago1. Build a cash buffer“I always recommend that clients have at least six months of expense put aside as a cash buffer,” he said. “This will help to shield you from any immediate increases in interest rates and give you time to adjust any spending commitments.” He points out the RBA has revealed only one-in-three households have enough cash on hand to meet one month’s mortgage payments.2. Ensure you have an offset accountMr Zbik says offset accounts are a great way to get your surplus cash working for you. Your savings and everyday cash flow will be used to reduce the repayments on your home loan. For example, if you have $100,000 of loan outstanding and you have $10,000 in the offset account, the bank will only charge you interest on the $90,000.3. What if you cannot save a cash buffer?If you have equity in your home, you may be able to apply for a line-of-credit or get a new loan with an offset account to be your cash buffer. However, you must be disciplined that you do not use this credit facility as a new cash pot to buy a bigger flat screen TV or fund a cheeky trip to Thailand. This way at least you have some access to cash when interest rates start to rise and you can determine what spending changes you need to make to keep ahead.4. Have a serious budgetThere’s no longer any excuse for not knowing how you spend your money. With automatic budget tracking programs such as Moneysoft or MoneyBrilliant, it’s easy to keep tab and categorise expenditure on credit cards, loans and offset accounts. Knowing where you spend your money will help you to prepare for where interest rates need to be before cashflow gets tight.
The Jared Bednar era in Colorado was just extended for another two years.The Avalanche reached an agreement with Bednar on a contract extension that keeps him with the team through the 2021-22 season. He completed his third year at the helm of the Colorado bench in 2018-19, reaching the postseason for the second straight year. Bednar replaced Patrick Roy as Colorado’s head coach after Roy led the team to a ninth-place finish in the Western Conference in 2016. Bednar followed up a 22-56-4 record in his first season in 2016-17 before leading the Avalanche to back-to-back postseason appearances in 2018 and 2019, which featured a first-round series win over the Western conference champion Calgary Flames.“Jared has done a tremendous job behind the bench and has earned the opportunity to continue leading this team,” executive vice president and general manager Joe Sakic said. “He is an outstanding coach who has the full trust of his players, coaches and staff. He has guided this franchise to two straight playoff appearances and we are excited with what this group can do moving forward.”A finalist for the Jack Adams award in 2018, Bednar earned his 100th win March 27 against the Golden Knights and led the Avalanche to consecutive postseasons for the first time since 2004. “I am grateful and honored to be the head coach of the Avalanche,” Bednar said in a press release. “We’re moving in the right direction with the group that we have here. This team has an exciting future and I am ecstatic to be part of it.”NHL free agency rumors 2019: Is an offer sheet on the horizon for Patrik Laine, Mitch Marner?