Word: iras
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Dates: during 2000-2009
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...seem like a contradiction, but there is a way to leave a lot of money to your heirs even if you're not rich. Individual retirement accounts (IRAs) were established to let you save tax-deferred until age 70 1/2, after which you were required by law to begin withdrawing funds. But new rules define how you can pass on your wealth for two generations and reduce the amount you must take out. Called a stretch IRA, this new version has become a popular estate-planning tool...
...Stretch" is a bit complicated, but at its heart is the miracle of compounding. Over the course of 60 years, assuming an 8% rate of return, $200,000 in an IRA can pay out more than $4.9 million, according to Putnam Investments...
...Spacey and Nicolas Cage put big bucks in the union's treasure chest and the spotlight of glamour on the little people. That doesn't mean the rank and file is itching for more picket-line time. "The actors just went through the longest strike in their history," says Ira Shepherd, who was lead negotiator for the advertisers. "That will have a moderating effect on their desire to do it again next year...
...office, who do the night shift at the factory and who serve you coffee at 35,000 ft. They live in households with incomes between $15,000 and $75,000. They like Gore's economic populism--especially on issues that have got little media attention, like his plan for IRA-style savings instruments to build wealth. But because they're parents--married, divorced and unmarried--they carry a special concern for the moral climate of the country. This, combined with a distrust of Washington, makes them targets for Bush and his pitch for a "fresh start." They swung heavily...
...office, who do the night shift at the factory and who serve you coffee at 35,000 ft. They live in households with incomes between $15,000 and $75,000. They like Gore's economic populism - especially on issues that have got little media attention, like his plan for IRA-style savings instruments to build wealth. But because they're parents - married, divorced and unmarried - they carry a special concern for the moral climate of the country. This, combined with a distrust of Washington, makes them targets for Bush and his pitch for a "fresh start." They swung heavily...