BUFFALO ACADEMY OF THE SACRED HEART Annual Report 2022-2023 Jane Gies Rasmussen ’70 “I’ve got to say I am enjoying retirement! That’s a big statement coming from me since I enjoyed working and didn’t know what I would do without a full-time career.” With that sentiment, Jane Gies Rasmussen ‘70 demonstrates the grace and positivity that she brings to all she does. Jane has never been one to “take it easy.” Her retirement is continually enriched by volunteer service as she splits time between the Pacific Northwest and her father’s boyhood home of Wyandotte, Michigan. In Wyandotte, she is particularly active and reflects on her service to that community enthusiastically, “As a volunteer museum docent for a small riverfront city in Michigan, it amazed me to learn all that women did during the Victorian era (late 1800s to early 1900s). It turns out that my grandmother was on the city’s first female basketball team started by the mayor’s wife! Surprisingly, women owned businesses but couldn’t vote. You can be assured that I am communicating women’s history as I give tours of the museum. We’ve come a long way! When I see all that is available at SHA for young women - there is an International Baccalaureate Diploma and the 103 members of the Class of 2023 were awarded 727 scholarships - I can’t wait to hear about the glass ceilings they break through!” Still, transitioning from a career spanning more than four decades came with some adjustments. Jane shared a few of the things she misses about corporate life and how she accommodates these changes. “I miss healthcare benefits, reimbursement for travel expenses, and matching corporate donations, especially to SHA. Signing up for Medicare Advantage helped with healthcare, and a Frequent Flyer program, credit card points, and traveling offseason has helped with travel expenses. As for donations to SHA – well it turns out I can disburse funds from my IRA directly to SHA, and those funds are not taxed at all, while regular disbursements from my IRA are fully taxed, even for RMD (Required Minimum Distribution). When I learned about this, I set up an annual IRA disbursement through my financial management organization. Who knew all the economics of retirement!” ANJALI PARIKH ’26 2 New Stages Bring New Opportunities
RkJQdWJsaXNoZXIy NTcyNDA=