May 14, 1976 3
No Pension?
Here's how to lower
your taxes until you retire...
and how to have the money
to"Live in Style"when you do.
If you work
foram employer
If you are
self-employed
but are not a participant in a
pension plan, we can show you
how to open an IRA (individual
Retirement Account) through
American Federal Savings.
Under this plan, you can
save up to $1,500 a year or 15%
of your wages, (whichever is
less), in an IRA and deduct the
amount from your Federal in-
come tax return. In addition,
interest earned on your account
is tax-sheltered to make your
money grow /faster than you
ever thought possible.
or own a business that is not
incorporated, we have a tax-
sheltered plan for you under
the Keogh Act. With the Keogh
Plan through American Federal
Savings, you can deduct up to
$7,500 on your Federal income
tax return and put that money
in one of our high-interest in-
sured savings accounts. Interest
earned on your account is tax-
sheltered until you- retire and
begin withdrawing funds.
At American Federal Savings, your tax-sheltered dollars will be
earning the highest interest paid on savings in Michigan. And we
have a variety of accounts to choose from. Come to any office of
American Federal Savings for complete details. We can show you
how your savings will grow faster in an 'IRA or Keogh Plan com-
pared to a personal savings program. Our retirement plans can
make a nice difference in your retirement plans.
Main Office:
24700 Northwestern Hwy.,
Southfield 48075 (313) 3544300
DOWNTOWN DETROIT
600 Woodward Ave. at Congress
CLAWSON
963-3707
SOUTHWEST DETROIT
7719 W. Vernor Hwy. near Central
1305 W. 14 Mile Rd. near Crooks
841-8442
13700 W. 9 Mile Rd. near Coolidge
19100 Livernois at W. 7 Mile Rd.
341-2828
4140 W. Maple Rd. near Telegraph
22401 W. 8 Mile Rd. near Lahser
538-6100
14114 Telegraph Rd. at Schoolcraft
537-7550
NORTHWEST DETROIT
893-7180
EAST DETROIT
19080 E. 10 Mile Rd. near Kelly Rd
547-7330
BLOOMFIELD
NORTHEAST DETROIT
20060 Van Dyke near Outer Drive
435-4430
OAK PARK
771-8840
626-2546
FARMINGTON
31300 Orchard Lake Rd. South of 14 Mile ..-. 851-7222
Grand River at Halstead (Farmington Towne
Shopping Center)
477-3103
SOUTHFIELD
25177 Greenfield Rd. near W. 10 Mile Rd
557-7840
20400 W. 12 Mile Rd. near Evergreen
358-2017
american
federal
savings