William Penn Life, 1986 (21. évfolyam, 1-6. szám)

1986-01-01 / 1. szám

It’s not too late tostart a William Penn IRA for 1985

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 9.5% Interest with a guaranteed interest rate of 4.5%.

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 9Y2% Current Interest. At age 55 the accumulation will be $133,994 or $399,748 at age 65 (Based on current 9V2°/o interest rate).

Withdrawals on an IRA Annuity prior to age 591/2 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

4.50%

CURRENT

9.50%

COMPARATIVE

7.50%

YEARS OF GROWTH

AGE

35

GUARANTEED

4.50%

CURRENT

9.50%

COMPARATIVE

7.50%

1

36

$2090.00

$2190.00

$2150.00

12

47

$32319 83

$45447.27

$39611.02

2

37

$4274.05

$4588.05

$4461.25

13

48

$35864.22

$51954.76

$44731.84

3

38

$6556.38

$7213.91

$6945.84

14

49

$39568.11

$59080.46

$50236.73

4

39

$8941.42

$10089.24

$9616.78

15

50

$43438.67

$66883.11

$56154.48

5

40

$11433.78

$13237.71

$12488.04

16

51

$47483.41

$75427.00

$62516.07

6

41

$14038.30

$16685.30

$15574.64

17

52

$51710.17

$84782.57

$69354.78

7

42

$16760.03

$20460 40

$18892.74

18

53

$56127.12

$95026.91

$76706.38

8

43

$19604.23

$24594.14

$22459.70

19

54

$60742.85

$106244.47

$84609.36

9

44

$22576 42

$29120.58

$26294.17

20

55

$65566.27

$118527.69

$93105.06

10

45

$25682.36

$34077.04

$30416.24

21

56

$70606.76

$131977.82

$102237.94

11

46

$28928 06

$39504.36

$34847.46

Value at current rate at 65 (if not shown above): $327815.63.

NOTE: These projections are based on the interest rate being paid as of January 16,1986. The actual yield may be higher or lower depending upon market conditions. You will be informed or any change in rates which affect your investment.

Ron Abels FIC, National Sales Director

WILLIAM PENN ASSOCIATION

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

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:

CAREER AGENCIES

RON ABELS FICF DAN WAHL FIC

National Sales Director

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

Regional Sales Manager

William Penn Association 709 Brighton Road Pittsburgh, Pa. 15233 (412) 231-7500

FRED ARONNE

Agency Manager

William Penn Association P.O. Box 574 Dedham, Ma. 02026 (617) 326-8949

JOSEPH BARREIRO FIC

Agency Manager

William Penn Association 975 Parsons Avenue Columbus, Oh 43206 (614) 443-7797

GARY CLEVENGER

Agency Manager

William Penn Association 1024 W. Indiana Avenue South Bend, In. 46613 (219) 287-8245

ALEX HODY ETHE

Agency Manager Clerk

William Penn Association William

216 Somerset Street 856 Fait

New Brunswick, NJ 08901 Bridgepi

(201) 249-7752 (203) 33

Take advantage of this opportunity and Welcome your William Penn Sales Representativi

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