Word: iras
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...worrying reality? Fira Cosmetics claims to target females ages 12 to 28, but girls as young as five are buying such products as the $12 Special Hits, 10 lip glosses and eye shadows contained in a CD case. "The music scene is driving the young scene," says president Ira Adler, explaining why his company packaged the makeup that way. "Britney and some of the other music groups are bursting with glitter and cosmetics." Kiss Products, a leading manufacturer of artificial nails, has licensed Disney characters like Winnie the Pooh and Mickey Mouse to sell its nail products...
Required minimum IRA distributions Calculated...
PENSION BREAK Why is the IRS simplifying the Byzantine rules that govern how much money retirees need to take from their pension fund each year? To be nice. And to ensure that they pay taxes on money from an IRA, 401(k) or other plan. Retirees must now calculate and report to the IRS a yearly minimum. But the new rules should also lower the withdrawal, and hence the tax paid...
...last October, researchers at Duke University Medical Center went a step further, reporting their discovery of a previously unseen mutation on the parkin gene that appears to link it to late-onset forms of the disease as well. "Once we figure out how that gene functions," says neurology professor Ira Shoulson of the University of Rochester Medical Center, "we could perhaps disrupt it pharmacologically...
...genomically or in more traditional ways, wants to reduce the cost of bringing a medication to market--now estimated at $500 million. One way to do it is to limit trials to those people most likely to respond to a given drug. This too is governed by genetics. Says Ira Herskowitz, a biochemist and biophysicist at the University of California, San Francisco: "We're all different, we have different hair color and different features, right? How can we not metabolize drugs differently...