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Lawrence Journal World in Lawrence, Kansas

10 May 1999

Page 13

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

May 10, 1999

Page

13

Suits target redundant annuities and sales fraud

Lawsuits target mis selling of tax deferred annuities in IRAs and retirement plans. Experts say double deferral offers no extra benefit and direct mutual funds are cheaper with lower fees. Plaintiffs allege deceptive sales by insurers and brokers, seeking remedies under consumer anti fraud laws.

MENTIONED IN THIS ARTICLE

Life Insurance Marketing Research Assn Windsor Conn Stephen Butler Pension Dynamics Lafayette Calif Charles Schwab Fidelity Vanguard Butler M&e Milberg Weiss Bershad Hynes & Lerach Nationwide Financial Services American United Life Insurance American Express Financial Corp SunAmerica Inc
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Plan Now for Better Tax Year Planning and Savings

Taxpayers are urged to begin tax planning now rather than wait for April. Keep meticulous records including entertainment receipts and stock trades, as documentation affects deductions and basis. Increase pretax contributions to 401(k) plans, use flexible spending accounts, and consider IRA and Roth strategies to lower AGI and future tax bills. Analyze line 68 on the 1040 to adjust withholding and avoid penalties.

MENTIONED IN THIS ARTICLE

Sam Paul Mueller Mann Frankfort Stein & Lipp Houston Ray Poage KPMG Dallas Poage IRS van Henley Ernst & Young Jerry Guillott Guillott Mark Luscombe CCH Inc Riverwoods Ill
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Signs of unhappy workers point to retention steps

Management firm Personnel Decisions says spotting unhappiness helps retain staff. Signs include lack of extra effort, focus on problems, defeatism, clock watching, low enthusiasm, and frequent absences. A survey for American Express shows 29 percent used bonuses to pay bills, 18 percent forgot where it went, 9 percent bought something special, and 5 percent took a vacation.

MENTIONED IN THIS ARTICLE

Personnel Decisions Wirthlin Worldwide American Express
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Also Mentioned on This Page

Jane Bryant Quinn KRT Dybytes Luscombe Getawad Jack Gillespie SDN Aiei Dessersin Lawrence, KS
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