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...beneficiary. If your child is young, the account has a long time to bounce back before you'll need the funds for college. If you stand to reap big tax savings, however, liquidating may be worth it since you could later re-invest the money in another 529 account. Just make sure to wait at least 60 days before you open a new 529, or the IRS may consider it a rollover, which isn't deductible for tax purposes...

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

...industries - had stayed away. With apartheid gone and sanctions lifted, that changed. Television commercial producers from around the globe discovered that Cape Town combined a spectacular location with skilled, cheap crews. Movie makers found that South Africa's diverse landscape - savannah to desert, winelands to white-sand beaches - could stand in for almost anywhere, while the people of the Rainbow Nation, with a carefully placed sombrero here or a hijab there, could be almost anyone. Hollywood descended. In the last few years, South Africa has doubled as 16th century England, Iraq, Mexico, the earth in 10,000 B.C. and outer...

Author: /time Magazine | Title: South African Film: Beyond Black and White | 4/20/2009 | See Source »

...great underdog story, FlyBy should tell you that the Crimson sparkled in its nationals debut, trouncing more seasoned squads on its way to the medal stand. Instead, it acted how any group would in the face of exciting new surroundings: the squad ran out onto the mat for preliminaries and got nervous...

Author: By Max N. Brondfield | Title: Cheerleaders Compete at Nationals for the First Time | 4/20/2009 | See Source »

...Obama should not stop there. The memos justify abusive interrogations by the completely discredited "ticking time-bomb" defense - that if we don't torture a suspect when we know there is an imminent threat, we stand to lose many, many American lives. But what ticking bomb? In one memo it states that it was thanks to waterboarding 9/11's mastermind Khalid Sheikh Mohammed (who was, according to the memo, subjected to the procedure 183 times) that we learned about a "Second Wave" of attacks. There has been little heard since about the "Second Wave," so without more documents declassified...

Author: /time Magazine | Title: Why Obama Needs to Reveal Even More on Torture | 4/20/2009 | See Source »

Free Dog Night. Can't stand traveling without your pooch? Your pet will get a friendly reception and fee-free stays at Red Lion Hotels. You can even register your animal companion in the company's loyalty program, the Red Lion R&R Club, where it can earn 500 points per stay. All pets that stay at a Red Lion hotel now through September 30 will be entered in a drawing for a year's worth of pet food. Register at the Red Lion R&R Club to qualify. Although the hotel doesn't charge you a damage deposit...

Author: /time Magazine | Title: 9 Deals to Get You Face-to-Face with Nature | 4/20/2009 | See Source »

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