William Penn Life, 1985 (20. évfolyam, 1-6. szám)

1985-01-01 / 1. szám

It’s not too late to start a William Penn IRA for 1984

By: Ron Abels, FIC National Sales Director If you are concerned about paying to much on Income Taxes start an IRA (Individual Retirement Account) Annuity with the William Penn Association.

• We are currently paying 101/2°/o Interest with a guaranteed interest rate of 4%.

• Your Investment is safe and free from Investment worries — Backed by the assets of the William Penn Association.

• Each year you can deposit up to $2,000 or $2,250 if a Spousal IRA is desired.

• If both Husband and Wife have Earned Income both can deposit up to $2,000 each year.

• Not only can you deduct the Deposit from your income but you defer the tax on the Interest until Retirement.

• There are Settlement Options available at Retirement which can provide a Guaranteed Income for Life.

Please refer to the chart below. This shows an individual depositing $2,000 annually into an IRA Annuity at 101/2% Current Interest. At age 55 the accumulation will be $133,994 or $399,748 at age 65 (Based on current 101/2% interest rate).

Withdrawals on an IRA Annuity prior to age 59!/2 are subject to income taxes along with a penalty.

WILLIAM PENN ASSOCIATION PROJECTION OF ANNUITY DAVID CHADWICK IRA (INDIVIDUAL RETIREMENT ACCOUNT)

$2000.00= INITIAL AMOUNT $2000.00

= YEARLY INCREASE

$2000.00= INITIAL AMOUNT $2000.00

= YEARLY INCREASE

YEARS OF GROWTH

AGE

35

GUARANTEED

4.00%

CURRENT

10.50%

COMPARATIVE

8.00%

YEARS OF GROWTH

AGE

35

GUARANTEED

4.00%

CURRENT

10.50%

COMPARATIVE

8.00%

1

36

$2080.00

$2210.00

$2160.00

12

47

$31253.68

$48703 36

$40990.59

2

37

$4243.20

$4652.05

$4492.80

13

48

$34583 82

$56027.21

$46429.84

3

38

$6492.93

$7350.52

$7012.22

14

49

$38047.18

$64120.07

$52304.23

4

39

$8832.65

$10332.32

$9733.20

15

50

$41649.06

$73062.68

$58648.57

5

40

$11265.95

$13627.21

$12671.86

16

51

$45395.02

$82944.26

$65500.45

6

41

$13796.59

$17268.07

$15845.61

17

52

$49290.83

$93863.41

$72900.49

7

42

$16428.45

$21291.22

$19273.26

18

53

$53342 46

$105929 06

$80892 53

8

43

$19165.59

$25736.80

$22975.12

19

54

$57556.16

$119261.62

$89523.93

9

44

$22012.21

$30649.16

$26973.12

20

55

$61938.40

$133994.09

$98845.84

10

45

$24972.70

$36077.32

$31290.97

21

56

$66495 94

$150273.46

$108913.51

11

46

$28051.61

$42075.44

$35954.25

Value at current rate at 65 (if not shown above): $399748.10

NOTE: These projections are based on the Interest rate being paid as of October 1, 1984. The actual yield may be higher or lower depending upon market conditions. You will be informed of any change in rates which affect your investment.

C|on Abe,s Nation^1 Sales Director

WILLIAM PENNASSOCIATION

709 Brighton Road, Pittsburgh, Pa. 15233 (412) 231-2979

GREATER PITTSBURGH AGENCY

Dan Wahl FIC Agency Manager 709 Brighton Road Pittsburgh, Pa. 15233 (412) 231-7500 BOSTON AGENCY Fred Aronne Agency Manager P.O. Box 574 Dedham, Mass. 02026 (617) 326-8949

NEW JERSEY AGENCY

Alexander Hody Agency Manager 216 Somerset Street New Brunswick, NJ 08901 (201) 249-7752 DETROIT AGENCY Jodene Pascarella Agency Manager 1095 Fort Street Wyandotte, Michigan (313) 283-6360

CLEVELAND AGENCY

Jeff Ward CLU Agency Manager Suite 210, 4600 Rockside Road Independence, Ohio 44130 (216) 447-1045 SOUTH BEND AGENCY Andrew Eperjesi Agency Manager 2818 W. Michigan Street South Bend, In. 46614 (219) 291-4888

NEW YORK

Richard DeFelice General Agent 10 Poplar Street Elmsford, NY 10523 (914) 592-7527 WISCONSIN John Lipped General Agent 530 N. German Street Mayville, Wi. 53050 (414) 387-3570

In order to take advantage of this opportunity to start a William Penn IRA, contact your WPA Sales Representative A listing of such representatives follows:

EASTERN, PA.

Floyd Bryan General Agent P.O. Box 121 Fountainville, Pa. 18923 (215) 822-2987 PITTSBURGH, PA. Joe Barreiro General Agent 709 Brighton Road Pittsburgh, Pa. 15233 (412) 231-7500

NEW JERSEY

Robed Segal FIC, CLU General Agent 25 Cliffside Drive Livingston, NJ 07039 (201)992-6146 NEW YORK

Rubin Minowitz FIC, CLU General Agent

295 Nodhern Blvd., P.O. Box 431 Great Neck, NY 11022 (516) 466-2116

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