The Palm Beach Post from West Palm Beach, Florida on December 12, 1976 · Page 202
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December 12, 1976

A Publisher Extra Newspaper

The Palm Beach Post from West Palm Beach, Florida · Page 202

Publication:
Location:
West Palm Beach, Florida
Issue Date:
Sunday, December 12, 1976
Page:
Page 202
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Page 202 article text (OCR)

TV28 Palm Beach Post-Times, Sunday, December 12, 1976 Pet - ' Money Under the Federal pension law, if your employer hasn't set up a retirement plan for you, you can put 15 of your annual income up to $1500 into your own individual retirement savings account at The Big First. You can then deduct all of it on your Federal income tax return. If your husband or wife has earned income and qualifies, he or she can start a separate plan. Together you may be able to put away $3000 a year and pay no tax on principal or interest until you retire, when your tax bracket will probably be lower. You have until December 31 to make your deposit, so don't delay. First Federal of the Palm Beaches has the IRA plan for you. Right now. Telephone or visit Ken Duke, The Big First retirement account expert. HOW YOUR INVESTMENT WILL GROW ANNUAL NUMBER OF YEARS CONTRIBUTION 5 10 15 20 1.000 6.296.73 15 458 07 28.787.22 48.180.27 2.500 15.741 84 38.645.19 71.968.05 120.450.67 5.0()0 31.483.68 77.290.39 143.936.10 240.901.33 7.500 47.225.52 115.935.58 215.904.15 361.351.99 SELF-EMPLOYED? The KEOGH retirement savings account enables the self employed to save up to $7500 per year TAX FREE. Call Ken Duke at The Big First right now. You have only until December 31 to open your KEOGH account. 655-8511 toll free Tequesta) to Boynton). 428-0907 toll free Delray to Deerfield). Ken Duke, our Retirement Account expert, can begin your retirement plan today. Visit today or call Ken Duke at one of the above telephone numbers. Above figures based on 7-l2t compounded daily our current rate on our 4-year Certificate of Deposit. By federal regulations, early withdrawals from these certificates result in substantial reduction in earnings. The Big Firs 1 LENDER of tlie lAtlm Beaches Palm Beach County's Largest Financial Institution WEST PALM BEACH Lake Park Palm Springs Lake Worth Boynton Beach Delray Beach Boca Raton Deerfield Beach FSLK

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