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Don't fall for it blindly. When you convert, you must pay tax on the whole bundle. Converting makes sense if you have non-IRA funds to pay the tax and will stay in the same tax bracket or move to a higher one. It helps if you invest in...

Author: /time Magazine | Title: A Great Name in IRAs | 4/13/1998 | See Source »

They made an exceptional team. She was more earnest, less devious, less patient, less fun, more uncompromisingly moral; he possessed the more trustworthy political talent, the more finely tuned sense of timing, the better feel for the citizenry, the smarter understanding of how to get things done. But they were...

Author: /time Magazine | Title: Eleanor Roosevelt | 4/13/1998 | See Source »

The FM article on Pforzheimer House was so off-base that it was comical. Not only was it the size of a tater tot but it had about as much substance as a tater tot. A brief blurb about Club Pfoho does not do our House Committee justice. The time...

Author: NO WRITER ATTRIBUTED | Title: PfoHo Coverage Off-Base | 3/31/1998 | See Source »

A remarkably placid start, to be sure. According to Sinai, the output of American goods and services will rise a lackluster 2.6% in 1998, with consumer prices going up a tiny 1.4%. Corporate profits will increase a hair less than 6.5% (vs. 10% last year). Unemployment will rise to 5...

Author: /time Magazine | Title: Slipping A Punch | 3/30/1998 | See Source »

Other board members agreed in general but not always in detail. Robert Brusca, chief economist of Nikko Securities Co. International, one of the world's largest brokerages, sees only a nearly invisible rise in unemployment, to 4.7% at year-end, but an uptick in inflation, to a rate of 2.5...

Author: /time Magazine | Title: Slipping A Punch | 3/30/1998 | See Source »

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