EXTENDED VACATIONS & GETAWAYS

In this month’s Insider you’ll find some exciting day trips and awesome vacation getaways!

Here’s what’s featured this month:

• ABBA!

• Cape Cod and the Islands

• Southwest Texas

740.399.5132 • FreedomYears@FirstKnox.com

April | 2018

From the Director: On April 1, Farmers Bank rejoins First-Knox National Bank. As community bank divisions of The Park National Bank, we’ve been partners for many years. Now we’ll share the same name and website – FirstKnox.com – but our service and your loan does not change.You have access to 13 First-Knox offices in Ashland, Bellville, Centerburg, Danville, Fredericktown, Loudonville, Millersburg, Mount Gilead, Mount Vernon, Perrysville and Wooster. Plus, you can use any of the 112 banking offices and 136 ATMs across Ohio through the Park National Family of Community Banks.

We are committed to taking care of you and your family, your finances, and your investments. We are here for you and that won’t change.

Matia MathewsFreedom Years Director

Euchre 2018 Friday, April 13 • Loudonville Community Center • 2 pm Saturday, April 14 • Lasater Community Center • 2 pm Whether you know how to play cards or are just learning, come on out! Have some munchies and play progressive euchre with your Freedom Years friends. A complimentary event from First-Knox; all we ask is you bring a canned good to donate to local charities in our community.

For members only. Call Freedom Years to sign up by 4/10!

Third Thursdays at Three Thursday, April 19 • 3 pm • First-Knox Main Office Would you like to meet new friends and travelers from our area? There are times we want to take a trip and our spouse or our friends just aren’t interested. We invite you to attend a friendly monthly mingle to meet other travelers just like you! April’s agenda: Social Hour & Game Day (cards, board games, puzzles, etc). A simple hello could lead to a wonderful new friendship!

RSVP to 740.399.5132 by 4/15

Probate Made Simple Wednesday, May 9 • 10 am • First-Knox Main Office We invite you and your family to join Cheri Butcher, Senior Vice President and Trust Officer, and Todd Hawkins, Vice President and Trust Officer for this informative estate planning seminar. This presentation will include various methods that can be used to avoid probate and the expenses associated with probate and the estate process. Cheri and Todd will also address the myths and truths surrounding the probate process and answer questions you may have regarding trusts, probate, or estate planning. Brunch is served compliments of Freedom Years.

Contact us to reserve your seat by 5/4, call 740.399.5132 or email FreedomYears@FirstKnox.com

EXTENDED VACATIONS & GETAWAYS

Spring Secret Mystery Day Trip Tuesday, May 22 • $86 per person Call Freedom Years to reserve your spot by: 5/4 “There is always a bright side!” We hope you’ll join Freedom Years on this fascinating day trip!

Price includes: motor coach transportation, all entrance fees, lunch, taxes and gratuities.

A Mystery Tour Fit for a King! June 14 - 16

It’s that time again, three days of mysterious locations, food, sights and sounds. Seats will go fast, so call for your “not so detailed” brochure today!

Mysterious adventure includes: • Deluxe motor coach transportation from Mount Vernon or Mansfield • 2 nights in hotels • 2 breakfasts, 2 lunches, 2 dinners • Boat cruise • Admission to fascinating destinations • A few surprises along the way • All luggage handling, taxes and gratuities on included meals, and features

Price per person: $559 double occupancy; $509 triple occupancy; $709 single occupancy; $489 quad occupancy. A deposit of $200 is due with reservations. Optional trip insurance available.

FEATURED DAY TRIPS, SEMINARS & EVENTS

Cleveland Indians vs. Chicago White Sox Wednesday, June 20 • Noon game $111 per person, club seats Take me out to the ballgame! Join us as we motor coach with Freedom Years friends to the renovated Progressive Field in Cleveland for a fun-filled day game. Club seats are one level above the outfield and offers great food and non-alcoholic beverages included in the price. One guest per member. Call Freedom Years to reserve your seats by 6/1

ARRIVAL from Sweden Music of ABBA Friday, July 13 • $93 per person Reserve your seat by: 6/1 The Swedish Super Group with original ABBA members! This high-energy rock n roll band will play your favorites, including titles “Mamma Mia,” “Rock Me,” “Dancing Queen,” “Take a Chance on Me,” and much more!

Price includes: roundtrip motor coach transportation from Mount Vernon, lunch at Villa Milano, matinee, taxes and gratuity.

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M Exploring Southwest Texas and Southern New MexicoSeptember 7 - 15 (Waitlist) and October 16 - 24 (New date offered!) Featuring Big Bend and Carlsbad Caverns National Parks • Final payment due: 6/7 Call for a detailed brochure!Throughout our tour, explore incredible caverns, magical white sands, and unexplained phenomena of America’s desert southwest, while visiting real working ranches, eating West Texas BBQ, and gazing at stars like you’ve never seen before. Price per person: $2,999 double occupancy; $3,799 single occupancy; $2,699 triple occupancy (using existing bedding). A deposit of $500 per person is due with reservations. Optional travel insurance available.

Cape Cod and the IslandsAugust 25 - 31 • Featuring Hyannis, Martha’s Vineyard, Nantucket, Provincetown, and dune tours Final payment due: 7/6 • Call for a detailed brochure!

Step back in time on this memorable New England vacation, exploring centuries of history on Martha’s Vineyard, Nantucket Island, Provincetown, and the Sand Dunes in Cape Cod National Seashore.

Included features: • Motor coach transportation • 2 nights enroute at The Woodlands in Wilkes-Barre, PA • 4 nights at Hyannis Harbor Hotel • Round-trip high speed ferry passages • Escorted tours on Martha’s Vineyard, Nantucket, Hyannis, and Provincetown • Sand Dune tour excursion • Optional catamaran sunset cruise • Breakfast daily • 4 dinners, including lobster dinner • Baggage handling at hotels • All taxes and gratuities on included features

Price per person: $1,599 double occupancy; $1,859 singleoccupancy; $1,459 triple occupancy. A deposit of $200 per person plus the optional travel insurance premium is due at the time of booking.

Smoky Mountain ChristmasNovember 30 - December 4 • Featuring Pigeon Forge and the Biltmore Estate • Call for a detailed brochure!

Pigeon Forge, Tennessee and Asheville, North Carolina are filled with entertainment, natural beauty, and lots of old-fashioned mountain hospitality during the holidays. Consider visiting this beautiful part of the country and enjoy the music and entertainment that are inspired by the tranquillity of this region. Following time in Pigeon Forge, you’ll visit the historic Biltmore Estate to be surrounded by Christmas cheer and the most elegant decorations. While in Asheville, enjoy time at the Grove Park Inn and experience the annual Gingerbread House Competition display.

Vacation highlights: • Roundtrip deluxe motor coach transportation • 2 nights in Pigeon Forge, TN • 2 nights in Asheville, NC • Breakfast daily, 4 dinners • Pigeon Forge Winterfest Lights driving tour • Free time in Pigeon Forge • Smoky Mountain Opry Christmas Show • Entrance and tour of Biltmore Estate including Biltmore House, grounds, and winery • Entrance for Candlelight Christmas Tour of Biltmore House • Visit to historic Grove Park Inn • Luggage handling, all taxes and gratuities on Included Features

Price per person: $1,199 double occupancy, $1,499 single occupancy, $1,129 triple occupancy. A deposit of $300 per person plus the optional insurance premium are due at the time of reservation.

2018

DAY TRIPS, SEMINARS & EVENTS

EXTENDED VACATIONS & GETAWAYS

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Trip/Event Cancellation Policy: The cancellation of Freedom Years one-day trips or events will be non-refundable after payment is made unless the space is filled from an available wait list or a substitution is made by another member. Trips may be paid for by cash, check, or Visa. Checks should be made payable to First-Knox National Bank - Freedom Years. Refund policies on extended vacations vary from trip to trip. Please review the cancellation policy included on each trip brochure. Travel/Health Policy: It is required that persons needing assistance be accompanied by a companion who is capable and totally responsible for providing that assistance. Neither Freedom Years nor its suppliers may assist with medications, wheelchairs, or physically lift persons onto transportation vehicles. Travelers needing special assistance must notify Freedom Years when they make their reservations. Please note that the Americans With Disabilities Act does not apply outside the United States.

FRIDAY, APRIL 13FY Euchre PartyLoudonville

SATURDAY, APRIL 14FY Euchre PartyMount Vernon

THURSDAY, APRIL 19Third Thursdays at Three

WEDNESDAY, MAY 9Probate Made Simple

TUESDAY, MAY 22Spring Secret Mystery

WEDNESDAY, JUNE 20Indians Game

FRIDAY, JULY 13Music of ABBAVilla Milano WEDNESDAY, NOVEMBER 10Lunch & Musical “Stolen”Ohio Star Theater, Sugar Creek Details to come!

APRIL 6 - 8Outlaws & AngelsWaitlist!

APRIL 22 - MAY 2Ireland: Irish AdventureWaitlist!

JUNE 14 - 16A Mystery Trip Fit for a King!

JULY 12 - 21Alaskan Cruise Waitlist!

JULY 21 - AUGUST 4Alaska by Land & CruiseWaitlist!

AUGUST 25 - 31Cape Cod & the Islands

SEPTEMBER 7 - 15Big Bend & Carlsbad National Parks Call for availability!

OCTOBER 16 - 24Big Bend & Carlsbad National Parks Additional date available!

NOVEMBER 30 - DECEMBER 4Smoky Mountain Christmas

F I R S T K N O X . C O M

Investments are not FDIC insured, not bank guaranteed, and may lose value. © 2018 M.A. Co. All rights reserved. (February 2018)

IRA particularsThe earlier you make your IRA contributions, the longer they will grow. So, under that theory, you should have made your IRA contributions

for tax year 2017 some 12 months ago! But if you didn’t, it’s still not too late. The deadline for making a 2017 contribution is April 17, 2018.

The IRA was born in 1974, in the Employee Retirement Income Security Act (ERISA). Employers already received tax deductions for setting aside money for the retirement of their employees. The idea was to extend that privilege to workers themselves, if they weren’t covered already by an employer plan. IRA eligibility was expanded to all Americans with earned income in 1981, but the IRA deduction was later taken away from higher-income taxpayers. In 1997 the Roth IRA variation was introduced. There’s no upfront tax deduction, but if conditions are met all of the distributions from the Roth IRA are tax free. Finally, a number of simpler employer retirement plans have been built upon the IRA foundation.

Investment coordination Your IRA investments should be reviewed in the context of all your investments, including 401(k) accounts and taxable savings. You want to have one asset allocation plan for all of your holdings, not a separate plan for every account. Having multiple accounts does not provide you with investment diversification if all the accounts are invested in the same way.

Tax diversificationThe tax deduction for the traditional IRA contribution is welcome. It makes funding the IRA easier, especially when times are tight. But eventually the music has to be faced, and taxes must be paid.

The alternative is to have some money in Roth IRAs, where the income tax has been prepaid. This can create greater flexibility and control of the tax effects of a

retirement income stream. Also Roth IRAs are exempt from required minimum distributions during the owner’s life.

Multiple minor accounts Have you set up several IRAs over the years at different financial institutions? Are you swamped by statements for the many accounts?

Consolidation of your IRAs in a single account will simplify your financial life. You’ll have just one statement to contend with, and one account to review for investment decisions. Maintenance fees may be reduced as well.

Check your beneficiary designations Have circumstances changed since you specified a surviving beneficiary for your IRAs? Has there been a death, a birth, a marriage or a divorce? You might be surprised at how often IRA designations are overlooked during a divorce.

A substantial increase in wealth also may be an occasion for changing an IRA designation. For example, if a surviving spouse no longer will need the IRA for retirement security, it may make sense to tap the IRA for charitable bequests. Such a move may save on estate taxes, inheritance taxes, and income taxes after death.

The IRA designation needs to be reviewed in the context of the overall estate plan. IRAs may be subjected to estate and inheritance taxes, and distributions from inherited IRAs (but not inherited Roth IRAs) may be subject to income taxes as well. All these taxes can eat up this asset pretty quickly, so thoughtful planning is a must. It may be appropriate, for example, to shift the burden of tax payments to the remainder of the estate, instead of invading the IRA to make the payments.

Trust & Investment ServicesOne South Main Street Mount Vernon, Ohio 43050

740.399.5505 FirstKnox.com

FIRST-KNOX NATIONAL BANK

A message from Cheri Butcher, Trust & Investment Services • 740.399.5505We can help you assess your retirement accounts. If you need to consolidate your IRAs, the process needn’t be complicated. And, if you are unsure of the best investments for your IRA, we can help. Just give me a call and we’ll set a time to meet.