ring in

ring in the New Year (to welcome or to celebrate the new year) — встретить Новый год

Example 1: Let’s ring in the new year with a bottle of champagne!

Example 2: We’re ringing in the new year with a party at our house.

Example 3: Traditionally, people go to parties on new year’s eve (December 31st) to be with friends and other people to ring in the new year.

...When 12:00 a.m. approaches, there is a countdown (10…9…8…7…etc.) to midnight. When the clock strikes 12:00, people drink champagne and kiss their spouse, boyfriend/girlfriend, or date, or maybe even a stranger (someone they don’t know). And the party continues…

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decorations .....After

decorations
.....After Christmas, we pack away all our of decorations until the next year.

an ornament – a small object used for decoration, usually with a string for hanging on the branches of a Christmas tree
Christmas tree ornament -- елочная игрушка, елочное украшение
.....My favorite Christmas tree ornament is the blue glass ball that my daughter
gave me three years ago.