Word: iras
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Dates: during 2000-2009
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...cost basis of $100,000. If you are in the 31% tax bracket and take possession of the stock, you will immediately owe $31,000. But the eventual tax on that $400,000 will be just $80,000 for a total tax bite of $111,000. In an IRA rollover the total bite would be $155,000. And by taking possession, you can later pass the stock on to heirs at a stepped-up basis. Your heirs will pay capital-gains tax on the difference between the cost basis and the market value at the time you took the shares...
...against individual needs. The immediate tax bite may not be worth it if you have to use 401(k) assets to pay the bill. And the math doesn't work if your company's stock has been a dud. The diversification issue looms large as well. Rolling into an IRA allows you to sell the stock without triggering a tax liability and then buy mutual funds to reduce risk...
...thing common to all women was that they viewed each session as a search-and-destroy mission," says senior vice president of marketing Anna Zornosa. "They'd come online with a list of five to 12 things they wanted to get accomplished, ranging from 'How do I move my IRA?' to 'My child has this rash'--activities that expressed the range of their entire lives. This medium was built for the modern woman...
Like its Middle Eastern equivalent, Northern Ireland's peace process is perennially in crisis. But Monday's secret report by the Canadian overseer of the arms-decommissioning process could be a decisive setback. General John De Chastelain is widely expected to find little progress toward IRA disarmament in his report to the governments of Britain and the Republic of Ireland, and that has the Protestant Ulster Unionist Party - the largest party in the territory's historic joint administration - once again threatening to walk out, a move that would collapse the Northern Ireland Assembly and restore direct rule from London. "Disarmament...
...Despite pressure for a disarmament gesture from quarters as diverse as the White House and the majority Catholic party, the Social Democratic and Labor Party, Sinn Fein's Gerry Adams simply protested that his party has no control over IRA decisions, even though it's universally accepted that they're two wings of the same Republican movement - which is not to deny, of course, that the peace process has created serious divisions between moderates and hard-liners. The same division on the Unionist side may force Trimble's hand: "Trimble faced a mutiny in his own ranks over the IRA...