Word: planner
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Maha Hermes spends a lot of time thinking about her future these days. A casualty of another dotcom debacle, the 33-year-old event planner lost her job last month. She was disappointed, of course, and worried about when she would find another position. But among her first concerns was figuring out what to do with her retirement savings. She has plenty of company: more than 400,000 workers have been fired since the beginning of January, and the layoffs keep piling...
...York-based financial planner Melissa Levine says an IRA also gives you more flexibility. Instead of picking from a handful of mutual funds, an IRA offers infinite choices: stocks, bonds and funds. There are drawbacks: you can't borrow against your savings, as you can with a 401(k). But if you lose your job, you'll have to pay back any loans against your 401(k) anyway. If you don't, the loan amount is usually treated as an early distribution--that 10% penalty again...
...distasteful that they barred U.S. planes from flying overhead on tracking missions altogether. U.S. officials say Venezuela's refusal to grant overflight rights gobbles up 25% of the flight time of some drug-hunting planes that have to fly around the nation as a result. Says a dea planner involved in the debate: "We're supposed to export the rule...
What about those inviting vacant lots? "There's practically no such thing anymore," laments urban planner Robin Moore, a former president of the International Association for the Child's Right to Play. Thanks to sidewalk-free subdivisions, congested roads and ubiquitous commercial developments, "all the free space has been spoken for," says Moore. Roger Hart, an environmental psychologist at the City University of New York, cites a general "disinvestment in public space" as one reason children are playing less outdoors. Even public sandboxes are vanishing. Says Hart: "People have become paranoid about animal waste." What's more, as the average...
...What about those inviting vacant lots? "There's practically no such thing anymore," laments urban planner Robin Moore, a former president of the International Association for the Child's Right to Play. Thanks to sidewalk-free subdivisions, congested roads and ubiquitous commercial developments, "all the free space has been spoken for," says Moore. Roger Hart, an environmental psychologist at the City University of New York, cites a general "disinvestment in public space" as one reason children are playing less outdoors. Even public sandboxes are vanishing. Says Hart: "People have become paranoid about animal waste." What's more, as the average...