Word: localize
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Dates: during 1990-1999
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...ordinary income tax on the full distribution. But when you take stock, not money, you pay ordinary income tax only on the cost basis, then capital-gains tax on the appreciated value when you sell. In many cases the capital-gains rate is half the combined federal, state and local income-tax rate. The strategy also lowers your 401(k) balance, which lowers your mandatory distributions at age 70 1/2 and gives you cash to gift to reduce your estate...
Karl Ritzler, however, has some retirement advice worth repeating: "Neither of my parents lived to be 60. I want to end the grind of the workday and do more of the things I enjoy...I may even work at the local Wal-Mart," he says with a laugh before adding, "This is a learning experience; nothing is set in stone." Until you are--but that's an entirely different kind of retirement...
Despite an infusion of international aid, the agreement failed to bring broader peace or local prosperity. Hussein's refusal to join the gulf coalition against Saddam Hussein, for fear of provoking his pro-Iraq citizenry, angered lifelong Western and Arab friends, and the embargo imposed on a defeated Saddam has savaged Jordan's economy as well. The King deeply mourned the assassinated Israeli Prime Minister Yitzhak Rabin, with whom he had hoped to mold a Palestinian state, and many Jordanians grew embittered at the hard-line policies of Benjamin Netanyahu. In Hussein's lifetime, when Jordan may have...
...most popular band, but they're hardly heard of outside the land of the midnight sun. Their sudden American success can be attributed only to Jungian synchronicity. While on vacation in Iceland, DJ Bean of L.A.'s station KROQ heard Kent's single, "If You Were Here," on the local radio station. Bean liked it so much that he bought a copy and put it on heavy rotation as soon as he returned to the US. BMG rush-released their album Isola to the US in September, and Kent has been garnering rave reviews ever since. When Kent opened...
...Want to join the Diesel-clad clan? Good luck. Sales racks only offer novelty items like rubber pants and furry tee-shirts, and now that the sole Diesel outlet store has closed shop, the only hope for the Diesel junkie is to kick it on over to the local Marshalls where savvy shoppers have been known to salvage up a pair of these magical dungarees on occasion. Of course if they don't show up there, there is always Alitalia. How much more could a trip to Italy possibly...