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Topic 81: Distribution Rules, Alternatives, and Taxation - 283 (4) Individual trusts cannot split into separate accounts, but if the IRA is payable to multiple trusts, then the rules for separate accounts can be used if divided prior to December 31 (5) A bene ciary can be disregarded in determining the oldest bene ciary if the individual is a successor to the interest of another bene ciary (6) Clients should review documents to ensure designated bene ciaries are correct, especially if multiple IRAs exist or multiple bene ciaries have been designated 5 Quali ed domestic relations order (QDRO) A A domestic relations order is a judgment, decree, or order (including the approval of a property settlement) that is made pursuant to state domestic relations law (community property law) and that relates to the provision of child support, alimony payments, or marital property rights for the bene t of the spouse, former spouse, child, or other dependent of a participant B A QDRO is a domestic relations order that creates or recognizes the existence of an alternate payee s right to, or assigns to an alternate payee the right to, receive all or a portion of the bene ts payable with respect to the participant under a quali ed retirement plan and that complies with certain special requirements: (1) Name and address of participant and alternate payee covered by the order, (2) Amount or percentage of the participant s bene t to be paid by the QRP to each alternate payee or the manner in which such amount or percentage is to be determined, (3) Number of payments or period to which the order applies, and (4) The QRP to which the order applies C A state authority, usually a court or state agency or instrumentality, must issue the judgment, order, or decree or approve the property settlement before it can be a domestic relations order under ERISA D Applies to all quali ed retirement plans, 403(b) plans, and 457 plans E QDRO rules do not apply to IRAs, but the transfer of an individual s interest in an IRA to his or her spouse or former spouse under a divorce or separation agreement is not considered a taxable transfer made by the individual; and thereafter the IRA is treated as maintained for the bene t of the spouse or former spouse F IRAs can be used to implement a QDRO if a direct transfer of the participant s interest in a retirement plan to the spouse is otherwise prohibited G QDRO rules do not apply to nonquali ed plans However, there have been rulings that life insurance bene ts under an employer-sponsored nonquali ed plan, are subject to QDRO rules if a divorce decree speci es how the life insurance bene ts must be distributed 6 Taxation of distributions A Waiver (discussed earlier in regard to this topic but worth considering again) Consent of nonparticipant spouse to waiver (or electing out) of QPSA and QJSA in favor of an optional bene t form selected by the participant must (1) Be in writing, (2) Acknowledge the effect of the waiver, and (3) Be witnessed, either by a plan representative or by a notary public B Cost basis recovery (see also, taxation of annuity basis in Topic 81) (1) No tax is paid on contributions until a distribution is made Tax is paid on net distribution, where the cost basis is recovered tax-free (2) Cost basis consists of the following:.



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$ cat badtest1 #!/bin/bash # trying to access script parameters inside a function function badfunc1 { echo $[ $1 * $2 ] } if [ $# -eq 2 ] then value=`badfunc1` echo "The result is $value" else echo "Usage: badtest1 a b" fi $ ./badtest1 Usage: badtest1 a b $ ./badtest1 10 15 ./badtest1: * : syntax error: operand expected (error token is "* ") The result is $

Explicit synchronization of methods or use of the synchronized keyword to designate serialized execution within an instance Implementation of the servlet under the SingleThreadModel to ensure that only one thread at a time is executing the service() call (and its descendants, such as doGet()) of a particular instance





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284 - Retirement Planning (a) All employee contributions that have not been treated as deductions for federal income tax purposes (b) Any loans that were included in the employee s income (c) Any employee contributions that were included in the employee s income (d) Any life insurance (PS-58) costs that were included in the employee s income Note: Self-employed cannot include insurance cost in cost basis (3) Capital gains treatment Lump sum distributions may be eligible for capital gains treatment (a) Only pre-1974 employer contributions are eligible (b) Only participants in a QRP who have attained age 50 by January 1, 1986 are eligible (c) Long-term capital gains tax rate is 20 percent (4) Net unrealized appreciation (NUA) (a) If a lump sum distribution includes employer securities, the NUA in the value of the securities will not be taxed to the employee at the time of distribution (b) The amount of appreciation will be taxed when the employee sells the securities at long-term capital gains tax rates (c) Employee may elect to pay the tax on the amount of appreciation at the time the securities are distributed by including the amount in income

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The first option is well understood by most Java programmers By synchronizing the doPost() or doGet() method, for example, you ensure that only one thread is executing these methods for that instance at a given time Consider the very simple example in Listing 7-3, which echoes the ID of the user who invokes it Listing 7-3 Example of Unsafe Membership Processing (Requires Serialization)

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/** * Process new member - not thread safe * Adds new member to the system **/ public class ProcessMembershipUnsafe extends HttpServlet { private int m_nextUserId; /** * Initialize instance-specific data structures **/ public void init() { m_nextUserId = 0; } /** * Insert new member in the database **/ public UserLogin addMember(String a_first, String a_last, String a_street, String a_city, String a_state, String a_zip) { m_nextUserId++; /** * Simulate inserting a member into database * To grossly demonstrate a synchronization issue, we sleep * for 5 seconds when inserting the first user Though contrived * here, unpredictable orderings of request completions are * common, especially when reliant on external sources (like a * database) **/ if (m_nextUserId == 1) { try { Threadsleep(5000);

Interpretation Loop while not equal/loop while not zero Comments Decrement CX by one without affecting flags and loop with signed 8-bit displacement if CX is not equal to zero and ZF = 0 which results from execution of previous instruction.

} catch (Exception e) { } } /** * At this point, all processing using m_nextUserId when * the first member is created is particularly unsafe because * addMember may have been called during the sleep time above **/ /* Generate user login information */ UserLogin userLogin = new UserLogin(); userLoginusername = m_nextUserId; userLoginpassword = userLoginusername+"123"; return userLogin; }

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An advantage of scripting over writing a C application for the command line is the ease of interacting with existing tools. Scripts incorporate other tools and scripts as easily as a C program includes C libraries. Scripting directly in the shell, gives direct access to all the shell tools without using special commands, such as exec in Ant. Because javac and other Java tools are directly available to shells, scripting is a powerful and quick way to set up Java builds. Browsing the Internet, you can find many open-source Java projects that use shell scripts to build their projects on OS X. Shell scripts are just text files. They do not need an extension (such as .txt) though. By convention, shell scripts either have no extension or preferably a .sh extension. Create a text file called test.sh, and add the following lines to it.

To underline the concurrency problem, the code sleeps for 5 seconds when processing the first user ID Thus, if the first and second users are submitted at roughly the same time, the second user will finish before the first and more alarmingly any processing done on her behalf that involves m_nextUserId (such as creation of UserLogin) will be incorrect The implication is that if requests don't take a deterministic time (nearly always the case when relying on an external resource such as a database), their order of completion won't be predictable Thus, state maintained in the context of a call isn't guaranteed to be consistent To solve this synchronization problem, you can use the synchronized keyword on a code block or method For example, we can change addMember() to

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