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Keyword: ira

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  • Murphy acquitted over Omagh bombing (Real IRA)

    03/03/2010 2:53:39 PM PST · by happinesswithoutpeace · 7 replies · 355+ views
    The Irish Times ^ | Thursday, February 25, 2010 | The Irish Times
    Murphy acquitted over Omagh bombing COLM MURPHY walked free from the Special Criminal Court in Dublin yesterday after he was cleared at a retrial of a conspiracy charge in relation to the 1998 Omagh bombing which killed 29 people and injured more than 300. Mr Murphy said after being acquitted of the charge: “I am glad to see it’s all over. Find out who was behind it – MI5 agents setting people up.” The three-judge non-jury court ruled that there was no evidence upon which the court could have convicted Mr Murphy after it ruled that all the evidence of...
  • US Labor Department rules to improve retirement security announced

    02/26/2010 4:28:07 PM PST · by mdittmar · 14 replies · 685+ views
    PR Newswire ^ | Feb. 26,2010 | U.S. Department of Labor
    Rules enhance retirement advice and transparency for workersWASHINGTON, Feb. 26 /PRNewswire-USNewswire/ -- Today, at a White House forum hosted by Vice President Joe Biden, the U.S. Department of Labor announced two new rules designed to enhance retirement security and transparency for the millions of workers covered by 401(k), pension and other retirement arrangements.  The announcement was part of the White House Middle Class Task Force's year-end report, which the vice president released at this morning's event. During the past year, the Middle Class Task Force has focused on solutions to the challenges facing America's middle class — including retirement security...
  • Class Warfare's Next Target: 401(k) Savings

    02/18/2010 8:03:31 AM PST · by Red Badger · 114 replies · 4,337+ views
    Investor's Business Daily ^ | 2-17-2010 | By NEWT GINGRICH AND PETER FERRARA
    You did the responsible thing. You saved in your IRA or 401(k) to support your retirement, when you could have spent that money on another vacation, or an upscale car, or fancier clothes and jewelry. But now Washington is developing plans for your retirement savings. BusinessWeek reports that the Treasury and Labor departments are asking for public comment on "the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams." In plain English, the idea is for the government to take your retirement savings in return for a promise to pay you some monthly benefit...
  • Class Warfare's Next Target: 401(k) Savings

    02/17/2010 5:40:59 PM PST · by Kaslin · 173 replies · 4,781+ views
    Investors.com ^ | February 17, 2010 | NEWT GINGRICH AND PETER FERRARA
    You did the responsible thing. You saved in your IRA or 401(k) to support your retirement, when you could have spent that money on another vacation, or an upscale car, or fancier clothes and jewelry. But now Washington is developing plans for your retirement savings. BusinessWeek reports that the Treasury and Labor departments are asking for public comment on "the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams." In plain English, the idea is for the government to take your retirement savings in return for a promise to pay you some monthly benefit...
  • Troops deliver wheelchairs to disabled Iraqis

    02/16/2010 7:24:08 PM PST · by SandRat · 1 replies · 208+ views
    U.S. Forces Iraq ^ | Sgt. Samantha Beuterbaugh, USA
    BAGHDAD – U.S. Soldiers here with the 4th Stryker Brigade Combat Team, 2nd Infantry Division, delivered handcrafted wheelchairs to two disabled Iraqis in the Aqur Quf area of the capital city, Feb. 10. Three weeks ago, the two disabled Iraqis were pointed out by local shaykhs, said 1st Lt. Steven DeWhitt, a San Jose, Calif., native and platoon leader with Headquarters and Headquarters Company, 1st Battalion, 38th Infantry Regiment. Members of the embedded Provincial Reconstruction Team and the U.S. Agency of International Development helped the shaykhs coordinate with U.S. forces to have the two wheelchairs delivered. The recipients of the...
  • The Treasury Is Soliciting Your Feedback Regarding The Proposed Annuitization Of 401(k)

    02/01/2010 1:24:06 PM PST · by Cheap_Hessian · 37 replies · 1,503+ views
    ZeroHedge Blog ^ | February 1, 2010 | Tyler Durden
    Yes, slowly but surely it is happening. In a federal notice filed earlier, the DOL and Treasury are soliciting a response on what has been on many investors' mind, namely the process of converting 401(k)s into annuity-like products. To wit: The Department of Labor and the Department of the Treasury (the "Agencies") are currently reviewing the rules under the Employee Retirement Income Security Act (ERISA) and the plan qualification rules under the Internal Revenue Code (Code) to determine whether, and, if so, how, the Agencies could or should enhance, by regulation or otherwise, the retirement security of participants in employer-sponsored...
  • The Unloved Annuity Gets a Hug From Obama

    01/30/2010 4:50:00 AM PST · by abb · 47 replies · 1,228+ views
    The New York Times ^ | January 29, 2010 | Ron Lieber
    Annuities: The official retirement vehicle of the Obama administration. As slogans go, it’s hardly “Keep Hope Alive,” or even “Change We Can Believe In.” But there were annuities, in a report from the administration’s Middle Class Task Force that came out this week. They are among the tools the administration is promoting as it tries to give Americans a better shot at a more secure retirement. At its simplest, which is how the White House seems to want to keep it, an annuity is something you buy with a large pile of cash in exchange for a monthly check for...
  • When can I withdraw my 401(k) Funds

    01/28/2010 3:55:00 PM PST · by pfflier · 17 replies · 980+ views
    Vanity
    I am 59 years old. (People who know me are truly amazed I made it this far). Anyway, I've been all over the internet trying to find out...when exactly am I am 59 1/2 years old. I know that is the magic number for tapping into the 401(k) and IRA without having to pay a penalty for early withdrawal.The simplest guess would be the six month anniversary of my birthday. Does the IRS consider that the day? Or could it be just six months after my birth month? Could it be the 180th calendar day after my birthday? Or the...
  • To Roth or not to Roth?

    01/24/2010 11:20:52 AM PST · by Graybeard58 · 32 replies · 1,279+ views
    Waterbury Republican-American ^ | January 24, 2010 | Eileen Ambrose
    The buzz in the financial industry right now is about Roth IRA conversions. Starting this year, there is no longer an income cap to convert a traditional individual retirement account or 401(k) into the tax-friendly Roth. Essentially, everyone now has access to a Roth. Congress did this to generate tax revenue. Contributions to a traditional IRA and 401(k) are often made with dollars that haven't been taxed yet. When you convert an account to a Roth, you must pay regular income tax on the amount being converted. Once in the Roth, though, your money and any earnings can be withdrawn...
  • Obama to meddle with your retirement accounts?

    01/14/2010 7:16:44 PM PST · by antidemoncrat · 42 replies · 1,565+ views
    World Net Daily ^ | 1/14/09 | Jerome R. Corsi
    The Obama administration appears to have come up with a novel way of financing trillion-dollar budget deficits – demanding IRA and 401(k) holders buy trillions of dollars in Treasury bonds.
  • The Coming Confiscation of Retirement Accounts

    01/09/2010 9:46:42 AM PST · by Captain Peter Blood · 78 replies · 3,822+ views
    Stephen A. McIntyre | 01/09/2010 | Stephen A. McIntyre
    About a year ago I saw an article about the Argentinean Government proposing a bill that would in effect nationalize all of their 401K/IRA type retirement accounts. Well as of November, 2009 that has now become a reality, over $29 Billion in retirement accounts have now been seized by the Government and they will use that money to pay down debt. As I remember the plan the poor owner of that account would get Government issued bonds that will pay between 2 and 3% to replace those monies the government takes. You can read this article from the London Telegraph...
  • Files show US-UK tensions over Northern Ireland in 1979

    12/30/2009 5:35:05 AM PST · by Labour-Watch · 40 replies · 694+ views
    BBC ^ | 12/30/2009 | Victoria King
    Newly-released documents have revealed the UK's "special relationship" with the US was under strain at the height of the Northern Ireland Troubles. The National Archives files show the murder of Lord Mountbatten by the IRA in 1979 did not prompt the response from the US that the UK had hoped for. While president Jimmy Carter expressed his "profound sadness" at the death, he made no reference to terrorism. Downing St privately said his failure to condemn the IRA was a "deficiency". The murder of Lord Mountbatten by the IRA on 27 August 1979 sparked shock and anger around the world....
  • Why It May Pay to Convert to a Roth IRA

    12/29/2009 2:39:19 PM PST · by george76 · 15 replies · 1,238+ views
    wsj ^ | December 29, 2009 | Kelly Greene
    Investors and financial advisers are preparing to take advantage of a new tax law that makes it easier to gain access to Roth IRAs—even if it means breaking a sacrosanct rule about Roth conversions. Starting, Jan. 1, the $100,000 income limit disappears for converting traditional individual retirement accounts and employer-sponsored retirement plans to Roth IRAs, one of the biggest changes on the IRA landscape in years. Roths, of course, have long been viewed as one of the best deals in retirement planning; after investors meet holding requirements, virtually all withdrawals are tax-free. Just how many investors will make the leap...
  • Ex-IRA ledaer Gerry Adams to 'find Jesus' in new TV show; Christian conservative politician outraged

    12/22/2009 12:49:01 PM PST · by noozguy1 · 9 replies · 504+ views
    IrishCentral.com ^ | 12/22/2009 | Donal Thornton
    Gerry Adams is set to find Jesus in a new documentary. The Sinn Fein leader will present one episode of a seven part documentary called "The Bible: A History." The documentary will be aired on the popular British TV station Channel 4. The documentary will analyze the "contradiction between Jesus' teachings and the involvement of Christians, followers of other faiths, in conflict the world over." The documentary will also look at Adams' unique perspective on faith, as he is a "former supporter of political violence."
  • New IRA terror group forms

    12/13/2009 2:46:48 PM PST · by noozguy1 · 119 replies · 1,764+ views
    IrishCentral.com ^ | 12/13/2009 | Patrick Roberts
    A new dissent Republican group may be forming in Northern Ireland. The organization would include dissidents that have defected from the Continuity IRA and the Real IRA. The group will not have a name, with the deliberate aim of confusing members of the security forces.
  • Former IRA militant deported to Ireland

    08/22/2009 1:45:28 AM PDT · by Cindy · 3 replies · 588+ views
    Note: The following text is a quote: August 21, 2009 Former IRA militant deported to Ireland Pol Brennan was convicted of transporting firearms and explosives for the Irish Republican Army HARLINGEN, Texas - U.S. Immigration and Customs Enforcement (ICE) deported a former Irish Republican Army (IRA) militant and convicted criminal to Ireland on Friday. Pol Brennan, 56, was deported following a series of criminal convictions in the United Kingdom and the United States. Brennan's case received full review and consideration by the immigration court system. On order of the Immigration Judge and the Board of Immigration Appeals, Brennan was detained...
  • Clean Water Flows to Ninewa Homes

    07/26/2009 1:15:59 PM PDT · by SandRat · 3 replies · 462+ views
    Multi-National Force - Iraq ^ | 2nd Lt. Jeff Orban, USA
    The Tall Ashier water station manager inspects the flow of clean water from his station. Ribbon cutting ceremonies were held for two water stations built in the Qayyarah sub-district of Ninewa province, south of Mosul, July 23. Photo courtesy of 1st Cavalry Division. MOSUL — Ribbon cutting ceremonies were held for two water stations built in the Qayyarah sub-district of Ninewa province, south of Mosul, July 23. These projects will dramatically increase the amount of homes that receive water and are a part of an ongoing campaign to provide the people of Iraq with essential goods and services.The first ribbon...
  • Converting an I.R.A. Into a Roth? How’s Your Crystal Ball?

    07/18/2009 5:19:45 AM PDT · by reaganaut1 · 8 replies · 857+ views
    New York Times ^ | July 18, 2009 | Ron Lieber
    You’ll be hearing a lot in the next six months about Roth Individual Retirement Accounts — but not as much as you should about a long-term threat that hangs over them. ... Why would you want to [swap a regular for a Roth IRA]? Because you think you or your heirs could end up with more money over the long haul by investing in a Roth instead of a regular I.R.A. ... It all seems pretty simple, until you consider this: The tax laws might change substantially, throwing all of your careful planning into utter disarray. We’re currently staring down...
  • Obama IRAs Could Raise $100 Billion in Five Years (nothing about medical savings accounts)

    07/11/2009 7:11:20 PM PDT · by Libloather · 16 replies · 980+ views
    Obama IRAs Could Raise $100 Billion in Five YearsBy Money Management Executive July 8, 2009 One of President Obama’s proposed financial reforms would require employers that do not offer a 401(k) to automatically enroll their employees into an IRA. If implemented, it would give the biggest boost to the retirement savings industry since the creation of the 401(k) in 1980, enrolling 40 million new investors, and attract more than $100 billion within five years, The Wall Street Journal reports. It would require companies with 10 or more workers that have been in business for at least two years to participate....
  • Accused Cuba spy 'sought to be US envoy to Northern Ireland'

    06/14/2009 9:23:26 PM PDT · by Tailgunner Joe · 3 replies · 478+ views
    telegraph.co.uk ^ | June 10, 2009 | Toby Harnden
    Kendall Myers, 72, who appeared in federal court in Washington on Wednesday charged with spying for Havana for nearly 30 years, had a fascination with Northern Ireland. The Daily Telegraph has established that as well as seeking the envoy's post, which carried the rank of ambassador, Mr Myers travelled to the British Isles and met British and Irish officials, senior Northern Ireland politicians and intelligence officers. .... "Anything this guy could have found from his European responsibilities he might have funnelled to the Cubans for them to sell off," said John Bolton, a former top State Department official in the...