Word: benefited
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Dates: during 1990-1999
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...fence about taking the standard deduction or itemizing, you might consider a strategy, known as bunching, in which you defer deductions one year, accelerate them the next, and so on. That allows you to benefit from itemizing every other year while taking the standard deduction in between...
...then reconvert to the Roth. You'd want to do that if your IRA's value is much lower now than when you originally converted. It can save a bundle in taxes. You lose the ability to spread the tax over four years, but you can approximate that benefit by converting a fourth of your portfolio each of the next four years...
...office besieged by 300 angry protesters wielding prescription-drug bottles. In Washington, Al Gore staged an event at a local pharmacy to denounce the cost of prescription drugs. In Chicago his Democratic opponent, former Senator Bill Bradley, told health-care professionals that he was committed to providing a Medicare benefit for drugs. And in New Hampshire, Republican Senator John McCain, who is moving up in the polls against front runner George W. Bush, expressed concern that some drug companies were using sneaky legislative maneuvers to extend their lucrative patents on pharmaceutical drugs--a move that would keep cheaper generic drugs...
There are competing ideas about how to cover the uninsured. Most congressional Democrats favor the Clinton plan, which would create a new Medicare benefit for prescription drugs, to be called Medicare Part D. For about $24 a month, those who choose the plan would have no deductible, but they would pay for half of their prescription drug costs, up to $5,000. Single seniors making $11,000 or less and senior couples making less than $17,000 would be spared the co-payment cost...
Miriam Kravitz was in a locked psychiatric ward lying naked in a puddle of her own urine when she got a career idea that would benefit herself as well as people like her. She enrolled first in college and then in law school while homeless. In 1985, she started INCube (short for incubation), a New York City agency run by the recovering mentally ill that helps others start businesses. "We do business as well as or better than the mainstream," says Kravitz. "It's a big secret." INCube has helped start 300 businesses over a decade and counts 176 still...