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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Mar 11, 1985
Page
7
An advertisement extols Individual Retirement Accounts as stable life savings options. It contrasts risky speculative instruments with Bankers Trust IRAs offering safety and competitive yields, plus easy opening steps and tax advantages including deductible contributions, tax deferred interest, and potentially lower taxes on withdrawals after retirement.
To qualify for an IRA you need earned income and under 70 1/2. Bankers Trust offers three options: 18 month Fixed Rate IRA with as little as $25, 18 month Floating Rate IRA starting at $25, and Self-Directed IRA with a $25 annual fee and $2,000 minimum. All IRAs insured to $100,000 and early withdrawals incur penalties.
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