Word: iras
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Dates: during 1990-1999
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...rare interview, White House health-care adviser Ira Magaziner met with TIME correspondents Michael Duffy and Dick Thompson for an hour last week to discuss his proposals. Some excerpts...
Neither of these accomplishments is truly an action. Both are deliberative, internal to the policy formulation process. In short, they are instrumentalities to future action. Hillary Rodham Clinton and Ira C. Magaziner can brainstorm until the cows come home, but nothing will happen without a sedulous effort to realize whatever ideas they generate...
Citibank has been taking full-page ads for what it calls its Stock Index Insured Account. "With this unique account," runs the ad, "your IRA or Keogh deposit actually earns two times the average percentage increase in the Standard & Poor's 500 Index over a five year term. Yet it's 100% safe...
...loss plus an additional, mouth- watering 50%. (These things happen too.) Had someone just bought the S&P 500 and held it for five years -- someone like Citibank -- he'd have got that mouth-watering 50% appreciation plus five years' dividends. Not bad. But had someone rolled his IRA over into Citi's Stock Index Insured Account, he would have got . . . zero. (In calculating the average, the first 48 bad months would have more than canceled out the final 12 great months.) His principal would be safe, but it wouldn't have earned a dime...
...criticized the newspapers news coverage and editorial page and proclaimed in large type, "They Suck." In Saturday's issue of the newspaper, Crimson President Ira E. Stoll '94 alleged that council members were involved with placing...