Word: iras
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...Ira A. Jackson '70, associate dean of the K-School, said yesterday the move reflected a "heightened institutional commitment" to "nurturing an intellectual agenda...
Employees can set up the new IRA accounts starting on Jan. 1, and retirement experts believe that they will be widely used. Says James Dockerty, who manages pension benefits for 35,000 Shell Oil employees: "IRAS will become very popular...
Companies could make the IRAs even more convenient by combining them with their pension, profit-sharing or payroll-savings plans. By doing so, employee contributions to such plans would be made tax-free until the worker retires. No major corporation has yet established this type of IRA, largely because of the bookkeeping problems involved. The IRA deposits cannot be mixed with existing pension funds, and so companies would have to keep two sets of records: one for the regular company plan and another for each employee's IRA...
...Justice Department's top priority. Accordingly, the department this fall may push Congress for a federal death penalty; a loosening of the "exclusionary rule" that makes illegally obtained evidence inadmissible at trials; and stricter bail laws, including the right to refuse bail to "dangerous" offenders. Complains Ira Glasser, executive director of the American Civil Liberties Union: "These measures will harm civil liberties without having any impact on crime...
...Ira A. Jackson '70, associate dean of the K-School, praised Banes' work during her first semester, saying "the state would be fortunate to have her. The school would be delighted if she remained with...