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The University of Michigan Library provides access to these materials for educational and research purposes. These materials may be under copyright. If you decide to use any of these materials, you are responsible for making your own legal assessment and securing any necessary permission. If you have questions about the collection, please contact the Bentley Historical Library at bentley.ref@umich.edu

April 02, 1982 - Image 20

Resource type:
Text
Publication:
The Detroit Jewish News, 1982-04-02

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

20 Friday, April 2, 1982

Oourrne4
1 l Balloons

THE DETROIT JEWISH NEWS



SEND A PASSOVER GREETING TO
YOUR LOVED ONES

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Bouquets Delivered Locally and Nationwide
We specialize in party centerpieces at delightfully inexpensive prices.

ASK ABOUT OUR NEW CONTEMPORARY DESIGNS.

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661-9331

MEM

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Terrorists Fire at Israeli Mission

PARIS (JTA) — Auto-
matic weapons were fired at
the Israeli military pur-
chasing mission in Paris on
Wednesday. Police counted
20 spent cartridges but no
one was injured.
The attack took place at 1
p.m. just as the staff was
about to leave for lunch. A
police officer said that had
the three assailants opened
fire a minute or two later,
several people would have
risked their lives.
The three attackers ar-

A Happy and Joyous Passover

THE NEW I.R.A

We can give you a million reasons to open one.

After January 1, 1982, every wage earner should open their own Individual Retirement Account (I.R.A.).
It's an opportunity you probably can't afford to pass up. There are some pretty good reasons to open an
I.R.A., especially at Capitol Federal Savings. With 91 years of experience in helping people reach financial
security, you can trust us to give you something better for your future.

Your I.R.A. will give you a good feeling right
from the start. You can contribute up to
$2,000 every year to your I.R•A. and deduct
that amount from your income. If your spouse
is employed, you can write off up to $4,000
each year. A married couple with one income
may deduct up to $2,250.
But that's not all, even the interest earned on
your account is tax-deferred until you begin to
make withdrawals.
You don't have- to be rich to get a tax break. At
Capitol Federal Savings the minimum deposit
is only $5.00 so you can contribute any
amount anytime.

I.R.A. customers are important to us so we pro-
vide these special services at no additional cost.
• $5,000 Accidental Death and Dismem-
berment Policy; Coverage is effective as soon
aithe account is opened.
• N.O.W.-Interest on checking account with no
minimum balance and no service charges
(when the I.R.A. balance reaches $1,000).
• No fee for Travelers Checks
• A fully insured account to the maximum
$100,000 by the F.S.L.I.C.
These and other preferred services will be o f-
fered from time to time to I.R.A. customers.

Ca1ll otiroMdniy9Mirkit Hotline

f or the latest I.R.A. rates

Just to give you an idea of how much can be
accumulated, we've compiled the following ta-
ble. It is assumed that $2,000 is deposited at
the beginning of each year. Amounts shown
are projections and actual interest rates may
vary considerably.

Age
25
30
35
40
45

50
55

Total
Contributions
At Age 65
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000

Value of
Account At Age 65
12%
10%
$973,704 $1,718,284
966,926
596,254
540,586
361,886
298,668
216,364
126,006
161,395
83,506
69,900
35,062
39,310
13,432
14,330

Your I.R.A. contributions will be deposited into
our new 18-month flexible rate statement ac-
count. The interest rate will change every
month so your contributions can keep up with
changes in the Money Market. ,
The rate you earn will always be 1/2 % over the
average auction yield on 26 week U.S. Trea-
sury Bills. The rate in effect on the first day of
each month will be paid on your account for
the entire month and compounded monthly.
Not only will you earn a high interest rate, but
Capitol Federal Saings charges no fees or com-
missions so you get the maximum benefit from
your contribution.

13.743%

ESLIC

eff. April 1-April 30, 1982

Federal !wok:goat require substantial interest psnoftia for withdrawals mode prior to mayfly: I.R.S. regulations provide far substantial penalties for withdrawals spode before ape 59 .

CAPITOL FEDERAL SAVINGS

559-4000
27125 Southfield Rd., Lathrup Village
One block north of 11 Mile Road

incorporated 1890 — member: Federal Home Loan Bank System

rived in a car which stopped
in front of the building in
the center of Paris. The
three masked assailants
fired several bursts and
sped away before the
French policeman on duty
could return the fire or even
take down the number of
the car. The new head of the
purchasing mission, Brig.
General Amir Reuveni, who
also serves as Israeli mili-
tary attache in Paris, was
not in the building at the
time of the attack.
French police set up
road blocks partially
blocking traffic through
Paris for close to an hour
but failed to find the car
or the attackers. A crowd
of Jewish well-wishers
gathered at the mission in
spite of the rain and
French Chief Rabbi Rene
Sirat came to congratu-
late the staff on their es-
cape.
In Rome on Sunday, two
powerful bombs exploded
outside Jewish-owned shops
in the center of the city,
causing severe damage but
no casualties.
A third bomb found out-
side the El Al office in Rome
was defused by sappers be-
fore it detonated.
Police sources said leaf-
lets found at the site of the
bombings indicated that
they were the work of Pales-
tinian organizations in re-
taliation for "Israeli vio-
lence on the West Bank."

cause of Palestine Liber-
ation Organization
threats to kill German of-
ficials and destroy Ger-
man property in Beirut.
The three terrorists were
believed to have been plan-
ning the murder of a score of
Moslem fundamentalists
living in West Germany
who are opposed to the re-
gime of Syrian President
Hafez Assad. They entered
the country with Syrian
passports.

NEED
INDUSTRIAL/COMMERCIAL

Property tax relief?
Turned down by
Board of Review?

Call

569-0709

Fees: Percentage of
tax savings.

■ 111014"...

.16.•=1

HAPPY PASSOVER

Mr. and Mrs.
Larry M. Stern
and Family

DEXTER CHEVROLET

20811 W. 8 Mile

between Southfield & Telegraph

534-1400

T T,

Meanwhile, three Arab
terrorists arrested in
Stuttgart on March 1 for
illegal possession of exp-
losives and guns were-
expelled from West Ger-
many withotit standing
trial. The decision to re-
lease them was taken be-

3 0
20
%

TO

Director Named

BONN (JTA) — The
Technical University of
West Berlin's Anti-
Semitism Research Center
is to be headed by Prof. Her-
bert Strauss of the City
University of New York.

OFF

INVITATIONS

MATCHES, NAPKINS,
STATIONERY,
EMBOSSERS &
YAMULKAS

Interim Budget
OKd by Knesset

TEL AVIV (JTA) — An
interim budget bill
squeaked through the
Knesset Monday by a vote of
59-57, ensuring Premier
Menahem Begin's shaky
coalitiongovernment of
survival at least beyond the
April 25 deadline for Is-
rael's withdrawal from
Sinai.
A repetition of the 58-58
vote deadlock on a no-
confidence motion two
weeks ago was avoided due '
to the abstention by Mor-
dechai Ben-Porat of the
two-man Telem faction. The
other Telem member,
former Finance Minister
Yigal Hurwitz, voted
against the government.
The Labor opposition,
with one Knesset member
abroad, was unprepared to
block the measure's passage
on its second and third
readings.

Tax Tribunal Appeals

CALL SIDELL
557-4365

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