President Obama's grassroots supporters are back in campaign mode. CNN's Jim Acosta reports.
President Obama won the election with the help of a vast network of grassroots supporters who organized online and then took their message to the streets.
Now the President is calling on his volunteers once again... to sell more than a campaign.
Volunteerism is wonderful, and I applaud everyone that volunteers, because it ultimately makes this country a better place. However, I think it's important to remember that it is probably more important to be an activist when the person or party that you don't support is in power. How many of the current activists and volunteers were out campaigning against George Bush's abuse of power prior to joining Obama's campaign?
March 23, 2009 at 10:21 am |
cookranch
Patricia, you can't add to your IRA as it contains pre-taxed income which will be taxed when you withdraw from it. Adding your refund to it would involve post-tax money which is not taxable upon withdrawal and messes every thing up. You can open an New Roth IRA with your refund which will not be taxable upon withdrawal.
March 23, 2009 at 9:33 am |
Patricia Byrum
I am retired and receive a pension from my company.
I would like to add part of our joint tax refund to my existing IRA.
Can I do that? My CPA says no but I can create an IRA for my husband because he doesn't receive a pension.
Help! That doesn't make sense to me.
That's
Welcome to the American Morning blog where you can get daily news updates from American Morning's reporters and producers. Join us for "the most news in the morning," weekdays from 6-9 a.m. ET, only on CNN.
Volunteerism is wonderful, and I applaud everyone that volunteers, because it ultimately makes this country a better place. However, I think it's important to remember that it is probably more important to be an activist when the person or party that you don't support is in power. How many of the current activists and volunteers were out campaigning against George Bush's abuse of power prior to joining Obama's campaign?
Patricia, you can't add to your IRA as it contains pre-taxed income which will be taxed when you withdraw from it. Adding your refund to it would involve post-tax money which is not taxable upon withdrawal and messes every thing up. You can open an New Roth IRA with your refund which will not be taxable upon withdrawal.
I am retired and receive a pension from my company.
I would like to add part of our joint tax refund to my existing IRA.
Can I do that? My CPA says no but I can create an IRA for my husband because he doesn't receive a pension.
Help! That doesn't make sense to me.
That's