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Word: quit (lookup in dictionary) (lookup stats)
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...Confusing your 401(k) plan with a piggy bank. For big-ticket items like a home, many boomers are dipping into the largest pot they have. But if you quit or lose your job, you have to pay back the whole loan amount quickly or you will owe taxes on the money, plus a 10% penalty if you're under age 59 1/2. Another trap: cashing out when you change jobs. Sure, you will start another 401(k), but you've lost momentum from compounding interest. Solution: Don't dip. You will need at least 70% of your preretirement income...

Author: /time Magazine | Title: Make No (Big) Mistake | 7/23/2001 | See Source »

...They gave up their own up-front fees, persuaded cast members like Affleck to take pay cuts and canceled traditional studio-movie goodies like a wrap party and jackets for the crew. "We joked that this was the most expensive independent movie ever made," says Bay, who threatened to quit several times over budget and ratings issues. (He wanted an R to depict the horrors of war; Disney wanted PG-13 to get more teens in the seats.) Still, he trimmed the price to $145 million on the orders of Joe Roth, who was then head of the studio. When...

Author: /time Magazine | Title: Pearl Harbor's Top Gun | 7/16/2001 | See Source »

...bauble in Comcast's hostile $44.5 billion bid for AT&T Broadband, Wall Street has very little reason not to continue cashing in its chips this week. Friday's hefty selloff occurred in a complete optimism vacuum - why buy when unemployment is up, when the dollar won't quit, and when there's naught but dire second-quarter profit warnings in the air? And the bargain-hunters, as a crowd, are a long way from feeling bold enough to rush...

Author: /time Magazine | Title: The Street This Week: Welcome to Earnings Season | 7/9/2001 | See Source »

...material of life and the transforming power of fiction, and his energy shows no signs of flagging. His office is a study on his Connecticut property about 60 yds. from his house: "I work at my job the way most human beings work at jobs; I start mornings and quit evenings." Bad reviews no longer bother him: "I'm sometimes frustrated by my own efforts but not by the public response. Once a book is out of your hands, readers make of it what they will...

Author: /time Magazine | Title: Novelist: Philip Roth | 7/9/2001 | See Source »

...didn't make much of a splash in Silicon Valley's blood-soaked waters. Still, the once-mighty online grocer deserves some kind of award: for most audacious attempt to keep its head above the snapping fish, perhaps. Or maybe the George Foreman award for not knowing when to quit...

Author: /time Magazine | Title: Webvan's Last, Desperate Hope | 7/5/2001 | See Source »

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