Word: household
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...their king, but Israelis and Palestinians love him anyway. Jordan's King Hussein was welcomed home to the Middle East Tuesday like a parent returned to calm a fractious household. He has spent the past six months in the U.S. being treated for cancer, and signaled his renewed vigor by piloting his own plane home. "No one can match King Hussein's respect among both Israelis and Palestinians, and his role in the peace process was badly missed," says TIME West Bank correspondent Jamil Hamad. "He is one of the few Arab leaders who doesn't a different language with...
From time to time, Bruce runs his family through surprise drills, shutting off the power, announcing, "Y2K's here!" Then he fires up the generator to see how many household appliances it can handle. "We've learned we can run either the coffee machine or the refrigerator, but not both at the same time," he says. "And there will be no hair crimping during Y2K," Diane reminds Danielle. "I'm not going to burn up the generator so you can crimp your hair...
...roughly double the pay increase most wage earners will see. For anyone whose income exceeds that higher level, it means an extra $260.40 a year owed to the feds. Tip: earnings stashed in a flexible-spending account at work are exempt from FICA withholding. In a two-earner household, it may pay for the lower earner to fund the account...
...intensely physical guy who grew up in a household with four brothers and no sisters and who never did very well as a student, McGwire, 35, has embraced a Jeffersonian rationality. And at the same time, he's got this softness that also plays against type. If Aristotle and Oprah had spawned, and there was, like, a lot of red dye around, the result would have been Mark McGwire. He's deeply devoted to his son and his charity for sexually abused children. He's been going to a therapist every week since 1991, and plans on continuing long after...
Should you convert? You'll have to pay income tax on the amount you shift. But the money can be withdrawn tax-free in retirement. Generally, if you meet the income limits (less than $100,000 household income), won't need the money for at least 10 years, and can pay the tax without dipping into IRA funds, you should convert. By doing so before year-end, you get to spread the resulting tax bill over four years. If you've already converted and find that your stocks or funds have fallen in value, reconvert to cut your tax bill...