vegetables are tender
(2 hours approximately).
Continue seasoning to taste.
Before serving, add butter and pasta,
serve piping with hot bread and butter.



Offspring Rolls

Similar to Vietnamese style fried rolls, they have lots of meat
(of course this can consist of chicken, beef, pork, or shrimp).
Who can resist this classic appetizer; or light lunch served with
a fresh salad? Versatility is probably this recipe?s greatest virtue,
as one can use the best part of a prime, rare, yearling, or the
morticians occasional horror: a small miracle stopped short by a
drunk driver, or the innocent victim of a drive-by shooting...

2 cups finely chopped very young human flesh
1 cup shredded cabbage
1 cup bean sprouts
5 sprigs green onion, finely chopped
5 cloves minced garlic
4-6 ounces bamboo shoots
Sherry
chicken broth
oil for deep frying (1 gallon)
Salt
pepper
soy & teriyaki
minced ginger, etc.
1 tablespoon cornstarch dissolved in a little cold water
1 egg beaten

Make the stuffing:
Marinate the flesh in a mixture of soy and teriyaki sauces
then stir fry in hot oil for till brown - about 1 minute, remove.
Stir-fry the vegetables.
Put the meat back into the wok and adjust the seasoning.
De-glaze with sherry, cooking off the alcohol.
Add broth (optional) cook a few more minutes.
Add the cornstarch, cook a few minutes till thick,
then place the stuffing into a colander

:
: Remembering that we only have the information you posted, here's
where I
: think you are and what you should keep in mind:
:
: 1 - the 20% you are talking about is the withholding requirement on
a
: premature distribution. It should NOT apply to a regular
distribution;
: 2 - since you are older than 55, two things should apply to you;
: 2a - this is a regular distribution IF you take it directly from
the
: employer's plan;
: 2b - you should NOT be subject to the 10% penalty.
: BE WARNED - if you roll this money over into an IRA and then take it
you
: CANNOT use the over 55 exclusion to avoid the penalty.
: 3 - because of item 2, you may be able to claim an exemption from
the
: withholding. If they insist on taking the 20% REMEMBER, they will
be
: sending this to the IRS on your behalf, you get to claim it as a
credit on
: your tax return, so you should be able to get it back if it isn't
needed to
: cover the tax liability.
:
: Good luck,
: Gene E. Utterback, EA
:

Thanks Gene. I will keep my eye on what they try to do and what advise
I've received.

Happy Holidays!
BJ

Remove "delete" to reply via email.

"BJ" <BouncinBJdelete[at]aol.com> wrote in message
news:CEjwd.17548$xR1.946942[at]twister.southeast.rr.com...
- quote -

Remembering that we only have the information you posted, here's where I
think you are and what you should keep in mind:

1 - the 20% you are talking about is the withholding requirement on a
premature distribution. It should NOT apply to a regular distribution;
2 - since you are older than 55, two things should apply to you;
2a - this is a regular distribution IF you take it directly from the
employer's plan;
2b - you should NOT be subject to the 10% penalty.
BE WARNED - if you roll this money over into an IRA and then take it you
CANNOT use the over 55 exclusion to avoid the penalty.
3 - because of item 2, you may be able to claim an exemption from the
withholding. If they insist on taking the 20% REMEMBER, they will be
sending this to the IRS on your behalf, you get to claim it as a credit on
your tax return, so you should be able to get it back if it isn't needed to
cover the tax liability.

Good luck,
Gene E. Utterback, EA

Thanks for answering Karen! I'm contacting the bank today for advice
on setting up a temporary traditional IRA for the company to roll it
over to, as the company suggests in the papers. I'll figure it all
out next year with a tax adviser.

Thanks!
BJ

NOTE: remove _delete_ to reply by email


"Karen Younge" <karenyounge[at]earthlink.net> wrote in message
news:41C25497.725522DC[at]earthlink.net...
: Hi BJ
: Check with your pension department and/or bank, but I think if you
intend
:
: to put the money into an IRA you should be able to "roll it over"
: directly into
: that account without paying taxes or penalty. As I understand this
: process the
: check has to go directly from the pension dept at your former
employer to
: the
: IRA account without passing through your hands. I don't know whether
you
: have to have an IRA already set up to receive the money from your
: pension,
: or if it is possible to start the IRA with the pension money.
:
: As with a normal IRA I believe the taxes do not become due until you
: begin
: to take money out of the account.
:
: I am sure there are many here who can give you more details about
IRA
: rollovers.
:
: Karen
:
: BJ wrote:
:
: > (snip) From the little I've read, setting up a temporary
traditional
: > IRA and
: > paying the early withdrawal 10% penalty, although tough to
swallow, is
: > better than taking the cash payment. Being clueless about these
: > topics, any ideas, advice and cautions are appreaciated.
: : > Thanks in advance
: > BJ
:

Hi BJ
Check with your pension department and/or bank, but I think if you intend

to put the money into an IRA you should be able to "roll it over"
directly into
that account without paying taxes or penalty. As I understand this
process the
check has to go directly from the pension dept at your former employer to
the
IRA account without passing through your hands. I don't know whether you
have to have an IRA already set up to receive the money from your
pension,
or if it is possible to start the IRA with the pension money.

As with a normal IRA I believe the taxes do not become due until you
begin
to take money out of the account.

I am sure there are many here who can give you more details about IRA
rollovers.

Karen

BJ wrote:

- quote -

I was recently laid off from large corp. They mailed papers stating I
have a pension due me, effective 1/1/05, election period ends 12/31/04
so I need to figure this out quick. These papers are a nice surprise
since I didn't think I qualified according to the Pension department.
Before going off-payroll, they said I wasn't eligible due to length of
employment. Also, I never signed up for a retirement plan.

I need the cash!! I determined the cash payment option isn't the best
idea because of the 20% for Uncle Sam and my age is 57, possibly
meaning another 10% deducted. The papers say "Additional tax generally
does not apply to payments that are paid after you leave the employer
during or after the year you reach age 55." That's me. They're are
other and other reasons, but this is the one that applies to me. So I
think it means that 10% wouldn't effect a cash payment to me, only the
20%. I"m not sure if it applies to rollovers.

- quote -

better than taking the cash payment. Being clueless about these
topics, any ideas, advice and cautions are appreaciated.

Thanks in advance
BJ