Slovak Catholic Sokol - A tradition of providing sound financial protection and benefits to our members.
 

News

Scott T. Pogorelec

From the desk of the Supreme Secretary

SPRING IS UPON US

by Scott T. Pogorelec, F.I.C.

“And it came to pass in those days, that he went out into a mountain to pray, and continued all night in prayer to God.” Luke 6:12

Greetings from snowy New Jersey! As I write this article, we are in the process of digging out here on the east coast. In my last article, I noted that the cold temperatures have been here, but the snow has not come along. Well, looks like I jinxed us! Hopefully, that last storm was Old Man Winter’s final goodbye for the season and the warmth of spring will be right around the corner. With our seasonal change to Daylight Savings Time combined with the hopeful warmer temperatures, we will have more hours to enjoy the outdoors.

Our first important activity ahead is the first Quarterly Meeting of the Board of Directors, which will be held virtually via Zoom on March 19th and 20th. Our Board, which is the highest governing body of our organization between Conventions, will be making the important decisions to ensure our successful future. We will get a chance to hear from our hired professionals who will report on our 2020 results and 2021 projections. In the coming issues, you will have the opportunity to read the reports our Directors, as well as the Official Minutes of the Board of Director’s Meeting. I recommend that you take the time to read each report to acknowledge the time and effort put in by each of our Officers. Unfortunately, this year will be a little different from what we are used to reading, but both Boards have done their very best under difficult circumstances to communicate virtually with each other and our members.

As we enjoy the beginning of the new spring season, the date April 15th is also drawing near. That of course is the deadline to file your tax return. I hope that most of our Members will be enjoying a nice refund. If in fact a refund is in order, have you thought what you would do with the extra cash? This year why not do something that would allow you to secure your future for yourself and your family and make it easier for you to purchase those items down the road. Why not invest in a Sokol Annuity?

Our Vantage Collection of annuities offers fi nancial protection and supplies you with the same fraternal benefits as if you had a standard life insurance policy. Our current rates are extremely competitive and are certainly more attractive that any bank CDs currently available. Your investment can grow rapidly since there is no initial service, contract, or premium fees. Every dollar you pay in premium goes directly to your account’s cash value and starts earning interest immediately. Another important factor is that our annuity products are tax deferred, meaning your gains are accumulated tax free and only gets taxed upon constructive receipt of the gain. This allows for the growth to be compounded on the portion of earnings and not subjected to investment taxation. As you can see, the benefits of investing in our products are plentiful. So, think about using that tax return in one of the smartest ways possible in securing your future and retirement. If you have any questions, give me a call at the Home Office or call our Director of Sales, Albert J. Suess, F.I.C., at (855) 874-9179, and we would be glad to assist you.

Finally, our hearts go out to all our members who have been directly affected or have lost loved ones due to this pandemic. Please know that you will always be in our thoughts and prayers. With that in mind, I urge all our Groups, Assemblies, and Wreaths to think of ways to help your members. For example, Group 14 has done a terrifi c job by delivering meals to their senior members during this pandemic. This is a way to help each other and stay in communication with each other during these difficult times. This is who we are as the Slovak Catholic Sokol.

Until next time, stay strong, stay safe, and STAY POSITIVE!

Zdar Boh!

 

SCS Monthly E-Newsletter - Download Now!