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Cash can be spent and so can stocks and bonds, after they are cashed in.
It would involve some combination of substantially raising the retirement age, sharply reducing cost-of-living adjustments and heavily taxing those private accounts when they are cashed in.
Their calculations, by the way, are based on the value of options when they are granted, not by their eventual value when they are cashed in.
The companies that issue these options do not have to carry them as a labor cost until they are cashed in.
For one, electronic checks are typically treated as paid the moment the user sends them, regardless of whether they are cashed or deposited by the intended recipient days or months later.
Hourly compensation -- covering every outlay for labor, including bonuses and stock options, when they are cashed in -- rose at a 4.2percentt annual rate in the first quarter, up from 3.8percentt in the fourth, the bureau reported yesterday.
Similar(49)
Now they are cashing in.
And they are cashing in on the Internet.
Sceptics snipe that they are cashing out at the top of the market.
In reality, they are cashing in and riding the pre-legalisation green rush.
BIG accounting firms may publicly lament the plight of Andersen, but they are cashing in on its demise.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com