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Word: agee (lookup in dictionary) (lookup stats)
Dates: during 1990-1999
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Usage:

...only on the cost basis, then capital-gains tax on the appreciated value when you sell. In many cases the capital-gains rate is half the combined federal, state and local income-tax rate. The strategy also lowers your 401(k) balance, which lowers your mandatory distributions at age 70 1/2 and gives you cash to gift to reduce your estate...

Author: /time Magazine | Title: Finance: How to Exit Your 401(k) Plan | 2/15/1999 | See Source »

Last week the state of Oklahoma killed SEAN SELLERS. He was the first person in 40 years executed for a crime committed at age 16, and the 10th juvenile offender executed in the U.S. this decade, more than in Saudi Arabia, Nigeria, Pakistan and Iran--the only other countries that are known to execute child offenders--combined...

Author: /time Magazine | Title: Eulogy: SEAN SELLERS | 2/15/1999 | See Source »

Karl and Claire Ritzler are typical vanguard baby boomers: they've worked for nearly three decades; two kids are out of the house, and the third is nearing college graduation. And, at age 50, statistically speaking, the Ritzlers are only a little more than halfway through life. That's right: the Society of Actuaries estimates that baby boomers will be the first generation of which both sexes are expected to live well into their 80s, and many will live to see a 100th birthday...

Author: /time Magazine | Title: Finance: Retiring Well | 2/15/1999 | See Source »

...rule on saving for retirement was that you should gradually reduce the percentage of stocks in your portfolio and increase the percentage of bonds. In fact, a common recommendation still used by some planners is to match your percentage of bonds to your age: at your 65th birthday hold 65% bonds (or bonds and cash) and 35% stocks. But a typical bond, the five-year Treasury, historically yields only about 5.3% and yields even less today--about 4.5%. The broad stock market, in contrast, has returned an annual average of about 11% a year since 1926, 18% a year since...

Author: /time Magazine | Title: Finance: Retiring Well | 2/15/1999 | See Source »

...what your total income is likely to be, start by calculating what you'll receive from Social Security, private pensions and any other sources, such as alimony. The current maximum benefit from Social Security is $16,476 a year, and the age at which you can receive that money is increasing. Beginning next year, the minimum age for full benefits will start its jump from 65 to 66. Beginning in 2003, the age at which full benefits are payable will gradually increase to 67. You can start tapping into your account as early as age 62, but that will reduce...

Author: /time Magazine | Title: Finance: Retiring Well | 2/15/1999 | See Source »

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