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May 20, 1990 - Image 18

Resource type:
Text
Publication:
Michigan Citizen, 1990-05-20

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

. ,
..
,
c
ill be more popul r than ever.
QIl . II: I recently t rted
a ne job t m jor U.S. com­
puter company. They offered
me U.S. S ving Bond
p yroll deduction pian. Should
I join? B. Weli:� Mil u ee,
Wi onsin.
A
So
mar
?

All er: Ye ,your corpora­
tion may own a federal tax-free
bond fund. Ho ever, there are
rule that corporation must
folio . The m t important is
that a corporation cannot r i e
money from a corporate bond
i ue nd then inve t the
proceeds in federal tax-free
bond fund or tax-free bond .
Federal tax-free bond funds are
b cked up to $100,000.00 by
SIPC (Security Investor
Protection Corporation) for in­
dividual and torpor tions
Ii c!
Need financial . advice?
Write Jot Phoenix, P.O. Box
496-442, Chicago IL 60649
o.

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