NATCA Bookshelf

National Office Week in Review: Oct. 21, 2015

A publication of the National Air Traffic Controllers Association

Issue link: http://natca.uberflip.com/i/589908

Contents of this Issue

Navigation

Page 11 of 35

Click HERE to view the item and order at natcastore.com . Select USPS or UPS as your shippi ng preference on your orders. Reminder: Apparel items take 3 - 4 weeks to deliver from date of order. If you need items by a certain date, please contact NATCA Store Cust omer Service for arrangements. Expedite d shipping charges may apply. To c heck on stock availability or for further assistance, call 800.266.0895 or email natcastore@natcadc.org . 2016 Pocket Calendars If you would like to order an individual 2016 NATCA Pocket Calendar, please make y our request through the NATCA Portal . Please e nsure that the mailing information under "My Profile " is correct. Once you have verified the information, please click the Event tab and make your request under "R eques t for 2016 Pocket Calendar." Please make your request no later than November 15th. The free pocket calendars will be mailed to your residence by mid - December. BENEFIT SPOTLIG HT: Union Plus Propane Discount Did the soaring prices of propane la st winter le ave you frustrated? NATCA and Union Privileges have a solution: The Union Plus Propane Discount from Propane Pro can help you dramatically reduce your total cost of propane. Get up to four free quotes on propane from local pre - screened and approved propane suppliers. The dealers compete for your business and you save. And, if you live in an area where Propane Pro offers Premium Membership, you ' ll enjoy pre - negotiated offers that will save you an average of 25 - 40 cents per gallon on your propane. Plus, Premi um members won ' t pay ANY fees -- not for your tank, deliveries or anything else. When you use this discount, Propane USA will also make a contribution to the Union Plus Scholarship Fund. Find out more at natcam embers.org/benefits . CAMBRIDGE CORNER: Participants who have traditional (non - Roth) contributions in their TSP accounts have not yet paid taxes on both the contributions and the accrued earnings. Taxes will be owed on contributions and earnings when a pa yment is made from a participant's account. A participant may continue to defer payment of taxes by transferring or rolling over the payment from a traditional TSP account to a traditional IRA, or an eligible employer plan, such as a 401(k) or 403(b) retir ement plan. Participants who made Roth contributions to their Roth TSP account have already paid taxes on those contributions. A participant with Roth contributions will not pay tax on those contributions when they are wit hdrawn from a Roth TSP account. Th e tax treatment of earnings depends on whether the payment is a "qualified distribution," which means that the entire payment from a Roth account is tax - free. The earnings in a Roth TSP account become qualified and therefore completely tax - free, when the f ollowing two conditions have been met: - Five years have passed since January 1st of the calendar year in which the Roth TSP participant made his or her first contribution (referred to as the " 5 year rule " ); and - The Roth TSP participant has reached age 5 9.5, has a permanent disability, or died. Note that a spousal beneficiary of a Roth TSP account may request a qualified distribution when five years have passed since January 1st of the calendar year in which the deceased Roth TSP participant made his or h er first Roth contribution to the account. Call 888 - 900 - 4690 or click HERE for more information on how Cambridge Financial Partners can help you.

Articles in this issue

Links on this page

view archives of NATCA Bookshelf - National Office Week in Review: Oct. 21, 2015