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...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 »

...normal here? No, we’re all secretly commies conspiring to take over the world. Why do you think all your folders are red? Just kidding. Well, at least not all of us. 2. How’s the dating scene? Let me know when you find one. Wait a minute, what’s the name of that pre-frosh guy you were with earlier? 3. Is Harvard a lot of work? I’m working on my 1,000,000th response paper as we speak. What do you think? And you know what the worst part...

Author: By Kriti Lodha, CONTRIBUTING WRITER | Title: Hate It: Prefrosh Weekend | 4/21/2009 | See Source »

After eight years in the political wilderness, civil libertarians didn't have to wait long for President Barack Obama to make them feel at home again. Within just one full day in office, the new President issued a blistering array of orders reversing the policies of George W. Bush - on harsh interrogation techniques, on access to government information and on Guantánamo, which he announced he would close. "A giant step forward," hailed Anthony Romero, the executive director of the American Civil Liberties Union (ACLU...

Author: /time Magazine | Title: Civil-Liberties Advocates Dismayed By Obama's Moves | 4/21/2009 | See Source »

...vote will help put the village on a better path forward. "Of course I'd come back home just to vote," he says, declining to give his name. "This is a big deal for my village. The leadership was so disappointing that it drove me away. I can't wait to see a new village leader who can help change the situation." At a time when millions of other like him are returning to their villages with similarly bitter memories and high expectations, Communist Party cadres must be delighted that they have put in place a system where, for once...

Author: /time Magazine | Title: More and More, Rural China Is Going to the Polls | 4/21/2009 | See Source »

...wait is an unwelcome source of stress as she grieves the loss of her husband of 40 years. "I just want to get this over with so my heart can be at peace," she says. Sadly for Oi and thousands of other bereaved, that peace might be a long time coming...

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

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