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...Your chances of getting a tax break. The bad news is that in many cases, investors can't write off as much as they might think. Among the restrictions: you must completely liquidate your account in order to claim a loss. You have to claim it as a miscellaneous deduction, which means you can only deduct losses that exceed 2% of your adjusted gross income (AGI); other miscellaneous deductions can include IRA losses and fees paid to a financial adviser. So if your AGI is $100,000, for example, and your 529 lost...

Author: /time Magazine | Title: Paying for College: What to Do with a Tanking 529 | 4/21/2009 | See Source »

...having ''decided to address its past mistakes'' -- meaning its attempts to take him prisoner. The whole point of the U.S. policy shift, however, was to call off the hunt for Aidid, which was widely blamed for converting what started out as a humanitarian mission into a mini war, in order to concentrate on a political - settlement that would prevent the country from falling apart after U.S. troops leave. To that end, Robert Oakley, Clinton's special envoy, met with five of Aidid's aides, though not the warlord himself. Afterward Oakley told reporters that Aidid wanted to be President...

Author: /time Magazine | Title: In and Out with the Tide | 4/21/2009 | See Source »

...order to uphold the rule of law, President Obama must immediately appoint a special prosecutor to investigate violations of both American and international law. Shielding those who perpetrated this American torture regime from investigation and prosecution—or, in the case of Jay Bybee, currently serve on the federal bench—would be a grave miscarriage of justice...

Author: By The Crimson Staff | Title: Renouncing Torture | 4/20/2009 | See Source »

...culpable, America cannot simply turn a blind eye to those who actually carried out torture. The Obama administration must also conduct an internal investigation to determine the role of CIA interrogators in abusing detainees. The Nuremberg Trials established the principle “that a person acted pursuant to order of his Government or of a superior does not relieve him from responsibility under international law,” and the Uniform Code of Military Justice requires American soldiers to disobey unlawful orders. While CIA agents are not bound by the UCMJ, the principle is the same: Individuals are responsible...

Author: By The Crimson Staff | Title: Renouncing Torture | 4/20/2009 | See Source »

...Canada, or looked across the border to China, but the journey to visit such graves can be taxing for older relatives. Jockeying for burial space in Hong Kong has become so intense that last year 18 cemetery supervisors were arrested for allegedly accepting bribes in order to exhume remains before they had fully decomposed. (See a map of population density in Chinese cities...

Author: /time Magazine | Title: In Hong Kong, Even the Dead Wait in Line | 4/20/2009 | See Source »

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