HE D TROIT JEWISH NEWS

May 21, 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 corn-
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) 354-1300

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

OAK PARK

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

BLOOMFIELD

893-7180

EAST DETROIT

19080 E. 10 Mile Rd. near Kelly Rd

626-2546

31300 Orchard Lake Rd. South of 14 Mile ... 851-7222

NORTHEAST DETROIT

20060 Van Dyke near Outer Drive

FARMINGTON

american
" federal
savings

771-8840

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