Word: pays
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Dates: during 1990-1999
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Company shares worth hundreds of thousands of dollars in your plan may have cost only tens of thousands to buy. When you take a cash distribution, the stock is sold at market value, and you pay 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...
Most AIDS patients taking cocktails of antiviral medications pay dearly. Not only do the dozen or so pills they must swallow each day cost a fortune--up to $10,000 a year--but they also cause terrible side effects: nausea, vomiting, fatigue and unsightly fatty deposits in the upper body. So it's not surprising that some patients slip from time to time and take what they call drug holidays...
...Rather than quit work entirely, take a less demanding and more enjoyable job that will pay your current expenses for five to 10 years while your savings grow untouched...
...outcome was never in doubt, the White House bit its lip while watching her, as it has throughout these final weeks, because there is more to worry about than Clinton's removal from office. In the debris of this past year are scores to settle and debts to pay, which will help shape the last two years of the President's term, which in turn affects what happens in 2000, which then helps shape the rest of his life. For both Bill and Hillary Clinton, what matters now isn't so much what they do as how they seem...
Like an automobile dealer trying to sell you the same car twice, Clinton will spend more time highlighting what he has already done than he will trying much that is new. His willingness to use some of the surplus to pay down the debt speaks to a kind of long-term focus that is the luxury of a lame-duck President. The plan for the next two years seems to be, Trumpet the past; give Gore the future...