Retirees News
| Latest news on Charlie Carroll |
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THE LASTEST FROM MARY ELLEN
Hi Rick
As I
mentioned he is in Brooks Rehabilitation Hospital in Jacksonville. It
is about 45 min to hour away from our home.
He is
struggling in allot of pain, but on the positive side he is moving his
arms and lifting his legs a little. It is just so sad to see such a
great guy and strong man, suffer so much.
We are
having difficulty with Blue Cross and Blue Shield. I am working with
a case manager currently, but if that falls flat, I may need Charlie
Williams clout with his blue cross people. I will let you know.
He met
his doctor yesterday and it looks like Charlie will be there for at
least two to three months, if I can get insurance to cover it.
Florida
is a No Fault State and even though we were rear ended, our insurance
has to cover things up front. What a mess.
If
anyone is interested in sending him get well wishes:
His
Address at the hospital is:
Charles
Carroll
C/O
Brooks Rehabilitation
3599
University Blvd. South
Jacksonville, FL 32216
Thanks
Mary
Ellen
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FYI
The Retirees Association will now be giving the beneficiaries of their organization $1000 death benefit. The old amount was $750.
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IRS Publishes Instructions on HELPS Benefit
November 27, 2007 -- The IRS has
published new instructions on how retired fire fighters can take advantage
of the Healthcare Enhancement for Local Public Safety (HELPS) benefit on
their 2007 tax returns.
Last year, the IAFF won an unprecedented congressional victory in the
passage of the HELPS retiree health care benefit, a tax-free distribution of
up to $3,000 from retirement plans to help retirees pay for health insurance
or long-term care insurance premiums.
The IRS instructions for filing 2007 tax returns explains how to take
advantage of this valuable benefit. The IRS will allow retired fire fighters
to exclude from income distributions made from eligible retirement plans up
to $3,000 annually to pay the premiums for accident or health insurance or
long-term care insurance. The premiums can be for coverage for the retiree,
spouse or dependents. The distribution must be made directly from the
retirement plan to the insurance provider. Eligible retirement plans include
qualified trusts, section 403(a) plans, section 403(b) annuities and section
457(b) plans.
The IRS requires retirees to report total distributions on Form 1040, line
16a; Form 1040A, line 12a; or Form 1040NR, line 17a. The taxable amount
should be reported on Form 1040, line 16b; Form 1040A, line 12b; or Form
1040NR, line 17b. Also, retirees should write “PSO” next to the appropriate
line where the taxable amount is reported.
Click here for relevant instructions.