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Show ptVODQIlVcB DTKOrtt SlDC)ini(Bo Savings answers l5? . Jfd ( interest rate your questions about uHj t- " ) ) rry J is lower than Tax-Free Certificates. f I 9 ) 7 lf whafstfS SSgeT' A lot of people are conlused about the new f f I T , , . ... ki 11 Jos ho Tax-Free CerMtcate. That's why we at V I TaKe "J00" 6 C w hl'J toet taW American Savmgs want to take this opportunity (J K much inleresh hae0 M to answer all your queshons. MJ V L J '"amo'nt'ormler'stu "What are they anyway?" . '. T " T1 mti Recently. Congress passed the President's Tax Bill This bill contains legisla- " 1 "com ' p"0b'y ' to u n fo Tii Hon that enables tinancial institutions to otter 12-month savings certificates $20.000 1 p ?j . that earn tax-tree interest. We call this certificate the American Tax-Free 10 000 "3 1 7 M Certillcate. ?4o'o 37 202 ' $50.000 13 "How do they work?" sro.ooo 4g-y I 77? 1 Beginning October 1. the American Tax-Free Certillcate will allow you to T-,- p,. PprHfiato incnrorlT' exempt a lull year ot savings interest from lederal income tax: up to $2,000 tax- ' '"J ' aA rlec UHl-die IHbUreu . Iree'mterest on a joint return. $1,000 on an individual return. The minimum Your American Tax-Free Certillcate is insured by the FSLIC lor up to $100.1. deposit is $500. Early withdrawal will result in a loss of tax exemption and a . and backed by American's $1 6 billion in assets substantial interest penally "My money's in a Money Market Certificate now... "How much interest will I earn?" can I move it?" llrtfrt,wt Yes. you can transfer the money in your American Money Market f ' , The interest rate is determined by taking 70 ol the average yield on one-year to an American Tax-Free Certificate with absolutely no penalty or U.S. Treasury Bills The interest rate changes monthly, however the rale ot inteiest. which you open your American Tax-Free Certificate will be the rate you , , receive throughout the duration of your certificate. Where UO I Sign Up?" American pays the highest rate allowed by law; 12.61 eflectlve annual yield Just come in to any American S.mnos OHire beginning October 1. W through October 2, 1981. your American Tax-Free Certllicate. It s as easy as that1 For the latest interest rates on Money Market Certilicates. tho American Tax-Free Certificate, and the 30-Month Certificate, call American s RATE HOTLINE 531-5614. Over $1.6 billion In assets American Savings l.'VJW .Main Vmial, Utah Phon 78"-V4 |