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Show ft 10B Sun Advocate Price, Utah Tuesday May 21, 2002 Do Ways defer more tax dollars for retirement in one of several complex methyou will attain in the year for ods for determining the amount which you are calculating your Financial adviser of their distributions. The result RMD, and note the life expectliist year, the IRS did mil- could vary considerably depend- ancy factor listed next to it (you lions of retirees a big favor by ing on the method used and the can find the Uniform Distribution Table in IRA Publication age of the beneficiary named. simplifying the rules surroundIndividual Retirement Arwill make life new rules from The withdrawals 590, ing mandatory several in easier for you individual retirement accounts. ways. rangements). Then you just diconthe vide the value of your retirement eliminate all to are rules new First, The they important understand because they may fusing calculation options and account (as of the end of the pre- help you defer more taxes. And provide one simple table with if you keep your withdrawals as which you can easily determine i age low as possible, you may be able your RMD. Second, the new table to pass on a larger legacy to your will likely allow you to take a account balance of $100,000 and lower RMD than before, if you a life expectancy factor of 24.4 loved ones. desire. Ifcking smaller distribuyears would calculate an annual By law, owners of IRAs and 'most employer retirement plans tions will help you keep a larger distribution amount of $4,098. are required to begin taking reFlexibility for your benefiria- -' portion of assets tax deferred. calculation. can take comfort in easier A minimum distributions' .jicsJYou . simpler, quired is calculate new rules will also it I the how to Heres the knowing easy (or RMDs) by April of year Under the your RMD using the new (able. make things easier for your benafter they turn 70-1old rules, taxpayers had to lock Simply locate on the table the age eficiaries after your death. Previ By JOHN FORD 2. stretch IRA strategy may help you leave more for generations to come: If you die before your Now your beneficiaries may spread distribution over their own lifetime, regardless of your distribution method. So if they are younger than you, theyll be able to take smaller distributions and defer taxes even longer. Also, your loved ones wont have to rush in making distribution decisions after your death. Under the new rules, they have until December 31 of the year . following your death to designate a beneficiary far distribution purposes. Stretching" your IRA across kayaking, tennis, basketball, and weight kids and you dont have skating. If your family hasnt to read the newspaper or watch done a lot of physical activity the news to find that out Just before, take it on as a family ad- take a look at kids at the mall or vulture. Research easy hiking in the schoolyard. You can also trails, or simply take a half-howalk in the neighborhood. see a shortage of kids outside payThke a look at your family's can or What ing, biking running. make and snacking habits. The their' sure do to eating parents kids are not part ofthe statistics? meals your family eats may be Here are some answers from perfectly balanced. But what do Bridget Swinney, author of your kids eat between meals? If foods with concentrated fat and Healthy Food for Healthy Kids Exercise together as a famsugar also fill your pantry, it may ily. This shows your kids that you be time for snack makeover: -think exercise is important Avoid buying soft drinks, juice drinks and flavored teas. Its ofenough to make it a family activity. That doesnt mean you should ten what we drink, not eat, that pack (Mi the calories extra pounds. necessarily head to the gym tothat activities Fun gether! family Encourage your family to drink you can also work up a sweat with water, tomato juice, milk or fresh include biking, hiking, skiing, tea (with a teaspoon of sugar if. necessary) instead. Even 100 fruit juice should be limited since it has roughly the same number of calories as a soda. -- Keep a lot of fresh fruit in the house at all times - and keep it on the counter where it will be seen and hopefully eaten. Ditto for raw baby carrots and celery. K a parent is home when kids come home from school, have fresh fruits and vegetables ready to eat - apples sliced, oranges peeled, etc. -- Kids love the crunch of chips, but there are many healthy alternatives. Pretzels, cereal, snack mixes, and baked potato or com chips can all be a great substitute, but with- SrtQ out all the fat Remember that salsa is actually a way for your kids to eat their vegetables! Limit your kids screen Sertainly even further. Your children couk( ultimately name other benefici ries (such asyour grandchildren) Gutful Dlannins still needed! While calculating annual RMI)4 is now simpler, the retirement-- ; tax- - and estate-planniissue; involved stiH require carefid plan; ning for your goals. In addition to your tax advisor, a knowledge able financial advisor can help you review your situation and determine all the RMD planning ng . opportunities available to you and your heirs. at the hearts of America? ' Get the whole family involved in meal planning and preparation. Kids who help cook are more likely to eat! Prekhool children can make choices about frozen and TVP (a dehydrated soy product) can be bought at a health food store. They are both great substitutes for ground! purcfoqised T reat Tim Mai Sis And your IRA may stretch what's for dinner. For example,' time spent watching TV and on . ask Should we have carrots os the computer is directly related 'broccoli for dinner? School- -' to being overweight (as well as to aged children can help plan abal-- : other negative behaviors). In fact, anced meal from looldng at the kids who watch TV with meals food pyramid. Have children have diets that may indude fewer make a balanced meal out of their fruits and vegetables and more favorite entrde. For example; how can macarpni and cheese be , pizzas, snack foods, and sodas. The American Academy of Pepart ofabalanced, healthy meal diatrics recommends limiting Third graders and up can prepare streen time to one or two hours a most of the meal with a little help? An adult should always supervise day. Give your kids active chores every day, such as walk.children in the kitchen. I Eat more green. As kids are ing the dog, running an errand on their bike, raking leaves, sweeping the porch, etc. Encourage ao-tigames with children in the neighborhood such as basketball, high blood pressure. Including more vegetarian foods in yout tag, red lightgreen light Children often need direction in their familys diet can decrease satu free time. Left to their own derated fat and also include a van and of nutrients vices, they will almost always ety gravitate toward the TV. . . phytochemicals, that can help Motivate your kids to eat prevent cancer and heart diseased healthy by teaching them about Some ideas for meatless meals nutrition. Using the food pyrathat are kid friendly include: z mid as a guide, even a young child Bean burritos or tostadas with can count the number of foods low fat cheese. Even nachos he has eaten from each group. Fbr made with baked chips can be the older kids, the motivation for main dish - just dont tell youf eating right can be having more kids they are healthy! --Vegetarf ian lasagna. Instead of meat, usq energy for a sport, for doing better on tests, or for being able to eggplant, other vegetables, tofu fit in outgrown clothes. You can or soy crumbles. feggieburger& teach older children to begin' Forget the drive-thr- u when you need a quick meal Spaghetti looking at commercials for sugary foods on Saturday morning with tomato sauce and soy cartoons with a wary eye. crumbles. Soy crumbles can bq ur The deadline" forsubmil news : could take very small RMDs. time. Research shows that the There is an epidemic of over- Sincerely, Ronald J.Ycngich Attorney for Terry Olson separate accounts for each ben: enaary. One benefit of this is that each beneficiary calculates the RMDs for their share based on their age. So the youngest child - U spouse, and your spouse is the sole primary beneficiary, your spouse can roll the IRA money into his or her own name and name a younger beneficiary such as your child. If your spouse has already started taking RMDs, he or she continues to take distributions based cm his or her own life expectancy. When your surviving spouse dies, a child named as beneficiary receives the assets and starts taking RMDs based on his or her life expectancy. If youve named several children as beneficiaries, they may divide the IRA into Is an epidemic of overweight kids striking I represent Terry Olson who has been charged in Federal Court with a serious federal offense. It is alleged that Mr. Olson, on October 13, 2001, falsely informed law enforcement officers that he had received anthrax through the mail This hoax caused the Federal Bureau Of Investigation agents, police officers, citizens and hospital personnel great concern. On a number of occasions, I have request the opportunity for Mr. Olson to apologize to the entire community of Carbon County for any concern and fear that he may have caused. Mr. Olson has been incarcerated since October 16,2001. He is charged under statutes which can ultimately punish him with a lengthy prison sentence. At a hearing recently requesting that Mr. Olson be released from confinement to return home to live with his parents, the Assistant United States Attorney, in arguing against that request, indicated that Mr. Olson had reeked havoc on the community and implied that there are still people in Carbon County who are afraid of Mr. Olson. On behalf of Mr. Olson and his family, I want to apologize to the people ofCarbon County and to anyone that might have been directly implicated or affected by this mat ter. If indeed, havoc has been caused in Carbon County by my client, I know that he and his family are genuinely apologetic and remorseful for any problems that he has caused. The unwillingness of the United States Attorneys Office to allow him to directly apologize leaves me with the obligation to do so on his behalf. This letter is not to seek sympathy for Mr. Olson or his family, nor is it intended as a means to impact anyones testimony relative to the case; it is intended .to provide the community with all the facts which have not been presented in the media. GREAT H '1 SAVINGS generations. 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