| Coulthard philosophical despite cruel retirement.
David Coulthard was sanguine about the disappointing end to his Bahrain Grand Prix after a superb drive through the field that was set to be rewarded with points was ruined by a retirement-inducing driveshaft failure. It was an agonising day for Red Bull Racing in general with both Coulthard and Mark Webber running comfortably in the points before being forced out with mechanical problems, retirements that almost certainly prevented the team from getting off the mark this season. Still, despite the anti-climatic end to Coulthard's weekend, the Scot was nonetheless pleased to have shown an impressive turn of pace that had him scything through the field at a tremendous rate from 21st on the grid. .
Resolve Teacher Pension Dispute
When state officials in 2005 came up with what they thought was a brilliant idea concerning teacher pension programs, they were warned many times that there was just one problem with it: It was illegal. They went ahead with it. And now, they are wasting taxpayers money and valuable time in refusing to admit that they were wrong. A complex situation is involved, but it comes down to this: For several years there have been two pension programs for educators. One was drastically underfunded. The other, newer one was sound, but some teachers enrolled in it didnt like the fact that they were not guaranteed pension payments at certain levels. In 2005, legislators agreed to merge the two plans. About 1,000 members of the newer plan objected. They went to court, pointing out that by merging the plans, the state would be taking money they had earned for retirement and using it to make the older program more sound financially.
Retirement? More of a pause, really
Dave Redmon doesn't see his retirement as an end to his work — in fact with so much to do, he said it's a wonder he ever had time for a job. "I'm hoping to get training as a Hospice volunteer," said Redmon, 63. "I've got a feeling I could learn more from being around those who are thankful for every precious minute they have for unfinished business." Redmon was the editor of Keynotes, the newsletter for the North Central-Flint Hills Area Agency on Aging, a not-for-profit organization that plans, coordinates and sponsors services in 18 counties to help older Kansans and their families. Keynotes is published five times annually. Redmon officially retired on April 12, after putting out 35 editions. .
The Millionaire in the Next Cubicle
For many, if not most of us, the money we've socked away in our employer-sponsored retirement plan represents the biggest portion of our nest eggs. Trouble is, too few of us take maximum advantage of our plans. And even those who do might not be putting money to work in other investment vehicles that also provide tax-favored earnings growth. Some folks, however -- perhaps even the coworker stationed in the next cube -- know exactly what it takes to get the job done. Want the inside scoop? For starters, you should ... Take the money and runIf your company matches retirement-plan contributions up to a certain level, make sure to kick in at least as much as they'll match. Even if your firm's plan isn't the greatest in the world, it's hard to beat doubling your money while reducing your taxable income.
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