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December 09, 1977 - Image 9

Resource type:
Text
Publication:
The Detroit Jewish News, 1977-12-09

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE DETROIT JEWISH NEWS

Friday, December 9, 1977 9

Some people put off planning for retirement
until it's too late. Don't make the same
mistake. If you're not covered by a retire-
ment plan, you should see Metropolitan
- Sdvings about a tax-sheltered retirement .
program.
There are many personal tax-sheltered
retirement programs to choose from, but
before you commit to one you should be
sure you know what you're getting. Does
the plan have sales commissions or in-
surance premiums that will reduce your
retirement fund? What rate of return
will you really earn? Will the earnings be
stable? These and other points are impor-
tant considerations in selecting the right
retirement plan.
Metropolitan's Individual Retirement
Account (IRA) and Keogh plan pay you
the highest rate you can earn at any insured
'financial institution, plus providing the
security you need for retirement. Your
funds earn 7 3/4% annually* and there are
no hidden costs, sales commissions or
insurance premiums to reduce your retire,
ment fund.

What Kind of Plan
You could start an Individual Retirement
Account and put aside $1500 or 15%
(Spouse's IRA up to $1750) of your annual
income (whichever is less) and take that
as an income-tax deduction. The Keogh
Retirement Account is available for self-
employed individuals and provides larger
tax-deductible savings up to $7500. The
Rollover Account will help you defer
taxes on funds received from a company
plan prior to retirement, or it lets you
transfer from another Keogh or IRA plan
to Metropolitan's.



Don't Put Off Your Future
Get the facts on tax-sheltered retirement
plans by attending one of Metropolitan's
seminars. Even if you already have a plan,
you can learn why Metropolitan has one of
the best_ going. Just return the coupon or
call the office you plan to attend for your
reservation:
• 5500 minimum deposit,-3-year maturity. -

r

METROPOLITAN
SAVINGS

Federal regulatiorLs may i-equire a substantial pc t- ii 1 y for
early ∎vithdrawal of principal tram Certificate Accounts.

Seminars Will he held at our offices
-
beginning at 7:30 p.m.

1).0. Box MX), Farmington, Mich igan4S024

METROPOLITAN
SAVINGS MLmbLr FSLIC





It you plan to attend a seminar simply re-
turn coupon or call.
1 can't make the seminar. Please send more
information.on your retirement plans.

11 offices in the Metropolitan Area-
Main Office Farmington 851-5300

Name

Street

Don't wait any longer to start planning

City



t ♦

State

Zip

I; •

December 6
❑ Oak Park, 25555 Coolidge 547-6400
December ?
❑ Birmingha111„QS00 Sou th t !dd. 644-0440
December s-
❑ Utica. 46 7 6 Van Dyke Rd. 731-4500
December 12
❑ Birmingham, 32S00 Southfield 644-0440
December 13
❑ Tel-Twelve Mall, Telegraph 1. 2 Milc35S-45I1
December 14
❑ Oak 1'ark,.25555 Coolidge 547-6400
December 15
❑ Dearborn, 13007 W. \k'ai- ren 584-7650

a

t r

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