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

1985-03-01 / 2. 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% •

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 10V2% Current Interest. At age 55 the accumulation will be $133,994 or $399,748 at age 65 (Based on current 10V2% 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

4.00%

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.

Ron Abels FIC, National Sales Director

WILLIAM PENN ASSOCIATION

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

NEW JERSEY AGENCY

Alexander Hody Agency Manager 216 Somerset Street New Brunswick, NJ 08901 (201) 249-7752

CLEVELAND AGENCY

Jeff Ward CLU Agency Manager Suite 210, 4600 Rockside Road Independence. Ohio 44130 (216) 447-1045

NEW YORK

Richard DeFelice General Agent 10 Poplar Street Elmsford, NY 10523 (914) 592-7527

BOSTON AGENCY

Fred Aronne Agency Manager P O Box 574 Dedham, Mass. 02026 (617) 326-8949

DETROIT AGENCY

Jodene Pascarella

Wyandotte. Michigan (313) 283-6360

SOUTH BEND AGENCY

Andrew Eperjesi Agency Manager 2818 W. Michigan Street South Bend, In. 46614 (219) 291-4888

WISCONSIN

John Lippert General Agent 530 N. German Street Mayvtlle, 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.0 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

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

Rubin Minowitz FIC. CLU General Agent

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

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