A TIME TO GIVE BACK
December always brings many holiday activities, regardless of your faith, background or beliefs. Why not make “giving back” a holiday tradition? There are so many ways to help. Here are a few ideas.
- Volunteer at a soup kitchen or food bank.
- Adopt a family in need and purchase toys or other recommended items.
- Go through closets to find gently used items you could donate to a local shelter.
- Collect books from friends, neighbors or coworkers and donate them to a library, school or family shelter.
- Deliver cookies or treats to a fire station, police department or hospital. Many of these people will be working throughout the holidays.
- Volunteer time at a senior citizen center.
AXIOM NEWS
1SI Awards
Congratulations to Chris Jackson, President of @Dan Cristiani Excavating Co., for winning this year’s Axiom Financial Strategies Group James W. Robinson Young Professional of the Year Award. The award honors an outstanding candidate 40 years or younger and is part of the annual Once Awards, which are sponsored by @OneSouthernIndiana. Chris has not only spearheaded growth at Dan Cristiani, but he’s also led other large-scale development projects across the region. Many thanks to 1si for recognizing and honoring our community leaders. (L to R: Lance Allison, CEO, Chris Jackson, Cathy Scrivner, Robert Eichenberger) Photo courtesy of Morris Images
Office Renovation Update
Our Axiom office renovation is coming along great, and we’re looking forward to moving into our remodeled digs very soon. The new look involves fresh paint, carpeting, furniture and a redesign of the front lobby area. Thank you all for your patience with the process!
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| Christmas Monday 9 a.m. to 4:30 p.m. Tuesday Team works remotely from 9 a.m. to noon. Christmas Day Office will be closed. Thursday Team works remotely 9 a.m. to 4:30 p.m. Friday 9 a.m. to 4:30 p.m. New Years Monday 9 a.m. to 4:30 p.m.New Year’s Eve 9 a.m. to 3 p.m. New Years Day Office will be closed. |
NEWS YOU CAN USE
Changes in 401k Contributions
Contribution limits for 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan will increase by $500 for 2025. Eligible taxpayers can contribute $23,500 to these accounts in 2025 (up from $23,000 last year. For employees aged 60, 61, 62, and 63, the 401(k) catch-up-contribution limit is changing as well. Instead of the usual $7,500, those in this age group can now contribute up to $11,250 in catch-up contributions. Add that to the regular $23,500 401(k) contribution limit for employees, and you’re looking at a maximum contribution of $34,750 in 2025.
Growing Your 529 Plan
529 college savings plans do not have contribution deadlines. You can contribute to a plan throughout the year. However, you may want to complete your annual contributions by the end of the year in order to maximize state income tax benefits and the annual gift tax exclusion. This is because you can only deduct contributions made within the 12 months of the tax year for which you’re filing taxes. So it’s recommended that 529 contributions be part of your year-end planning. If you are an Indiana resident, you may be eligible for a 20% credit. For information about the Indiana 529 plan, click here.
DECEMBER HAPPENINGS
Hip Hop Nutcracker
A holiday mash-up for the whole family, The Hip Hop Nutcracker returns to the stage for its 10th season on tour. This contemporary dance spectacle is a re-mixed and re-imagined version of the classic—smashing hip hop dance and Tchaikovksy’s timeless music together into a journey that celebrates love, community and the magic of the holiday season. Dec. 3 at the Brown Theater. Get tickets here.
Fun With Santa
Santa is making a stop in Jeffersonville at the Vintage Fire Museum! Children of all ages can have their picture taken with Santa and receive a gift and sweet treat. They’ll also be able to explore the amazing display of toy fire trucks, including some antique models. Dec. 14 from 10 a.m. to 1 p.m. at 706 Spring Street. Find details here.
Hershel and the Hanukkah Goblins
In this playful adaptation of the classic children’s book, Jewish folk hero Hershel of Ostropol confronts the Hanukkah-hating goblins who keep blowing out the candles of every menorah in town. Can he outsmart these wicked creatures and restore the celebration of the Festival of Lights? Whether you celebrate Hanukkah every year or it’s your first time learning about the tradition, everyone is welcome to experience this imaginative tale. Dec. 11-22 in the Bingham Theater. Go here for ticket info.
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