OCR Text |
Show i Every wage earner is eligible to have an Individual Indi-vidual Retirement Account at Zions Bank as of January 1, 1982. Taxes are deferred until withdrawal at retirement. retire-ment. You get a tax deduction for your contributions, contribu-tions, and taxes on the interest are deferred, too. That means you can earn up to 50 or more on the new money you contribute each year depending on your tax bracket. , Automatic transfer from your savings ''or ch?ck- 'frfg account can be arranged or you may arrange for payroll deduction where you work. Here's what $ 1 0 a week could earn for your retirement at 65. Retirement Fund Retirement Fund Present Age at Age 65 Present Age at Age 65 26 $376,228 41 $ 64.988 27 $335,427 42 $ 57.534 28 $298,997 43 $ 50.878 29 $266,470 44 $ 44.936 30 $237,428 45 $ 39.630 31 S2 11,498 46 $ 34,893 32 $188,346 47 $ 30,663 33 $167,675 48 $ 26.887 34 $149,218 49 $ 23.515 35 $132,740 50 $ 20.505 36 $118,026 52 $ 15.416 37 $104,889 54 $ 11.360 38 $ 93.160 56 $ 8.127 39 $ 82,687 58 $ 5.549 40 $ 73,337 60 $ 3494 Note This schedule assumes a 12 annual interest rate with weekly deposits started at the beginning ol the year. This is not a guaranteed rate but an example of reasonable earnings. Multiply these earnings by four (approximately) ii you deposit the maximum $2,000 per year per wage earner. Ask about an IRA suited to your situation. 109 years of financial dependability Dealing in trusts and retirement plans since our founding in 1873 DEPOSITS ARE INSURED TO $100,000 BY THE FEDERAL DEPOSIT INSURANCE CORP. ZIONS FIRST NATIONAL BANKlfaft Founded by Brigham Young 1871 An Equal Opportunity Employer SALE Save 20 on beautifully crafted furniture in Solid Pine from Bennington INTERIORS M CEDAR CITY, UTAH 84720 Sjlt WtSd |