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Join us for a Day of Honor and Fun on June 24th at American Legion The Olney American Legion Post 414 is pleased to extend a warm invitation to all residents and visitors for a special Flag Retirement Ceremony hosted by the American Legion followed by the June Market hosted by the Rebel Soul Mercantile. Mark your calendars for June 24th, 10 a.m., and join us at the American Legion located at 103 TX-251 S, Olney, TX.

To be successful in most endeavors, it’s important to develop good habits — and that’s certainly the case for investors. And the earlier one develops these habits, the better. So, if you have teenagers who may be starting to work at part-time jobs, now may be a great time to introduce them to investing — and one place to begin might be a Roth IRA. As you may know, a Roth IRA is a popular retirement savings vehicle — its earnings can grow federally tax-free, provided withdrawals aren’t taken until the investor is at least 59½ and has had the account five or more years. But because a Roth IRA is funded with after-tax dollars, contributions can be withdrawn at any time, penalty-free, to pay for any expenses — including college. Roth IRA earnings can also be used to help pay for college, although these withdrawals will be taxable. However, if a child is the account owner, a lower tax bracket will likely apply.

Agricultural operations in the Texas Panhandle are adjusting to above-average rainfall over the last month that improved soil moisture profiles but is delaying fieldwork, according to a Texas A&M AgriLife Extension Service expert.