THE DETROIT JEWISH NEWS

Friday, April 25, 1975 3

Here's how you
can retireln styld'
under your own
personal tax shelter.

There's a new way for you to prepare for a
comfortable retirement . . . it's called "IRA,"
Individual Retirement Account, now available from
American Savings. Under new Federal law, you
can now put away up to 15% of your annual
Wages or $1,500 (whichever is less) in-an IRA —
and deduct the entire amount on your income tax
- return. In addition, interest earned on your IRA
— is tax-sheltered until you retire.

And, because your dollars are tax-sheltered, you
can build up_a_surprisingly large retirement fund.

The only requirements needed to qualify are
these: One, you must receive compensation for
services rendered during the tax year. Two,
you must not have been a partidpant in another
pension program during the tax year. And
three, you must not have yet reached age 70%.

Mail to:

IRA Officer
American Savings Association
24700 Northwestern Highway
Southfield, Michigan 48075
- •
Yes, I am interested in American
Savings' new Individual Retirement
Account plan. (Please check one):

American can also show you a plan you may use if
you leave a job where you are participating in a
pension fund. That distribution can be transferred
to an American Savings' IRA, tax deferred.

More questions? Why not come into one of our
branches or write for a free brochure that tells
you all about American Savings' new IRA plan.

Send me a free brochure
describing the plan.

Send me a free brochure and
have an IRA representative
contact me soon.

71 Please have a representative
contact me immediately.

NAME

american
savings

STREET ADDRESS

CITY-

STATE

ZIP CODE-
.

TELEPHONE

OCCUPATION

discover american... offices throughout greater Detroit.

Main Office:' 24700 Northwestern Hwy., Southfield 48075 (313) 354-1300

NORTHWEST DETROIT
19100 Livernois at W. 7 Mile Rd.
22401 W. 8 Mile Rd. near Lahser

OAK PARK
13700 W. 9 Mile Rd. near Coolidge
BIRMINGHAM - BLOOMFIELD TWP
4140 W. Maple Rd. near Telegraph

341-2828
538-6100

• 547-7330

626-2546

FARMINGTON HILLS
31300 Orchard Lake Rd. South of 14 Mile ..851-7222
477-3103
36550 Grand River East of Halstead
-
SOUTHFIELD
557-7840
25177 Greenfield Rd.near W. 10 Mile Rd.
358-2017
20400 W. 12 Mile Rd. near Evergreen

