If I remember right, I think they’re going to have to pay that money back at a later date, which will just put them in another bind at that time. Just no easy way out of this I guess.
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They would only need to pay the tax's and they can spread that out over three years. It is not a loan it is a withdraw. Now would be a good time to convert your traditional IRA to a Roth. Pension plans do not allow withdrawal, only loans but there are so few pension plans. Profit sharing plans do allow both loans and withdrawal. This 401k"s Esop and several others. Now Annuities, IRA, Roth Simple and Sepp only allow withdrawal. Withdrawal do not have to be paid back only loans. My understanding is the waiver of penalties and the spreading of taxes over three years only applies to withdrawals.
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I believe we are officially at Italy's level now
So.... now US Health officials are projecting 100,000 - 240,000 deaths????? That's a huge jump from the 4,000 we have currently.
Oh..... and the virus can be spread very easy. But mail and take out food is safe. *****
It's going to get worse before it gets better. A week ago, we had 900 total deaths. Then yesterday alone we had 900 deaths. That will continue to go up for at least a few weeks. We have 4000 total deaths right now, I don't think 4000 per day is out of the realm of possibility in the near future.
Italy is at 206 deaths per million, which is tops in the world. For us to get to 100k deaths, we'd have to get to 305 deaths per million; this is 48% worse than Italy at the present. To get to 240k deaths, we'd have to get to 734 deaths per million; this is 256% worse than Italy at present.
What’s the thought with Italy? Are they just peaking on daily deaths? If so, is it legitimate to expect their deaths per million to end up 2x what it is now?
136 new cases and 2 new deaths in MS.
That's a total of 1073 cases and 22 deaths. Mortality rate for MS is 2%.
The way we are doing this is so dumb. We need to be performing mass screenings of people. That way, we can just isolate those people for 2 weeks, and we can slowly return to work soon. Screen everyone in nursing homes, grocery store workers, ect. All of the high risk people. When they come up positive, take them out of circulation, so they don't become super spreaders. That's basically what South Korea did, and they are opening back up. We are just sitting around at home with no end in site.
Yep, apparently the US could possibly have 1.5 million deaths from this as worst case scenario. Somehow, with our healthcare system and resources we are going to be 100x worse off than any other country in the world and about 20x's worse the entire rest of the world combined.
A couple of stats I would like to see. How many deaths have had underlying health issues
Also, how many in NY would have survived had they been administered the malaria treatment
Total cases is a bad way to compare. Cases per/capita is better, but even then it's dependent on how many get tested and if the numbers are fudged. I don't believe the numbers from China or India. I think the Chinese are just lying. Most of the other countries even close to our size have very poor health systems and are only testinga very small fraction of the population
1. We have worse access to healthcare, especially in rural areas, than most of the other developed countries.
2. We are doing the least, behavior wise, to curb the growth. It will keep getting worse and worse until we have nationwide shelter in place and mass testing.