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Show .j q monday, 1 0 december 5, 1977 People Les Wells has been ggga 9 m Dystrophy Association $ think for 99 Tonight Show 1,000 yearly x 30 years 30,000 Interest $ $ 123,705 Saving an extru hundred thousand dollars for retirement might seem out of reach. But with an Individual Retirement Account (IRA) at Federal Building and Loan, it's easier than you think. Look... The Money Adds Up Fast Let's say you put $1,000 into your retirement account every year for the next 30 years. (You are allowed up to 15 of your annual income, not to exceed $1,500 a year. ..$1,750 if interest rate, compounded daily, your deposits your spouse qualifies.) Based on FBL's 7 ($30,000) and interest will add up to $123,705.35. It's amazing. But true! See the chart below for some other amazing figures. How To Save $1,000,000 (doctor, dentist, attorney, accountant, salesman, etc.), Federal Building and you're Loan offers the Keogh Account, a retirement program that allows you to save 15 of your annual income, not to exceed $7,500. Based on FBL's 7 rate, compounded daily, an annual contribution of $7,500 over the next 30 years would add up to $927,790.15. Nearly a million dollars! .. NOTE: The interest accrued from IRA and until you retire. At that time, you will Keogh is probably be in a lower tax bracket. self-employ- tax-free.- Both IRA and Keogh Are Tax Deductible Whether you start an IRA or a Keogh Account, the money you put into the account each year is 100 tax deductible. Up to $1,500 with IRA ($1,750 if spouse qualifies). Up to $7,500 with Keogh. And that's quite a tax break. Act Now Come in and ask one of our retirement experts about If or KEOGH. Or call. you'd like, send in the coupon below and we'll be happy to forward a free brochure with more details. Send For to: Serving the Mountain West since 1922. Over $130,000,000 in assets. I Federal Building and Loan Retirement Dept. South Main Salt Lake City, Utah 64111 I 16 521-452- South Main 0 SANDY 655 East 9400 South 566-246- 1 FBL retirement accounts. I Address L State . Peter K. Ringger, vice president and cashier of Tracy-Collin- s Bank and Trust has been elected a new mems ber of the Board of Directors. Ringger was also recently elected to the board of Tracy Mortgage Company. A certified public accountant, licensed in both Utah and Hawaii, Ringger worked with Peat, Marwick, Mitchell in Honolulu and with Touche Ross and Co., in Salt Lake City as a supervisor in the audit department. s He joined in 1973 of as senior September internal auditor. Zip Tracy-Collin- Jett Hoskins, formerly an as- sistant manager with Associates Financial Services, has joined Bosworth Sullivan Co., Salt Lake City as a stock broker. Mark Buckalcw is another new broker at Bosworth Sullivan. Buckalcw was formerly employed by Farmers Insurance Co. Both Buckalcw and Hoskins arc members of the New York Stock Exchange. Fred J. Hansen has been appointed vice president and auditor of Tracy Collins Bank and Trust. He joined Tracy-Collin- s fifteen years ago as assistant cashier. Hansen has served as president of the Bank Administration Institute. Rex A. Madson has been appointed vice president and credit review officer of Tracy Collins. Madson has been with the bank for more than two years, having previously been employed by the Federal Deposit Insurance Corporation for 26 years. Tracy Collins (Phonal I SALT LAKE Please send me a free brochure detailing Please call me at FBL! a Free Brochure Today 16 FEDERAL BUILDING & LOAN Edward M. Jamison has been named president and chief executive officer of Commerce First Thrift , 1735 S. 300 W. He has served as executive vice president and general manager for the past year during which time the institutions assets grew by more than 300 percent, according to Robert Mascaro, chairman. IRA Look how fast your retirement savings add up at Tail n Tracy-Collin- Federal Building and Loan can help you build a sizable nest egg for retirement... and help reduce your taxes, too. If KGGM-televisio- in Albuquerque, N. Mex. Id McMahon NBC in Utah. Prior to his work with M.D.A. he was a producer-directo- r l OS yy ap- pointed to the position of account executive of Harris & Love, Inc., a Salt Lake advertising agency. Wells was formerly district director of the Muscular J also an- nounced the appointment of Pamela Jones as operations officer at s Main Office. She has been employed by the bank for three and a half years, and at the time of her promotion was serving as Tracy-Collin- loan officer. Regina Lorki has been named operations officer at the American office on State Street. A native of Utica, New York, she has been employed s Bank for four by years. Tracy-Collin- |