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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 23, 1975

Page

6

Social Security in Black and Expected To Stay

An objective look rebuts claims that Social Security is bankrupt or over a trillion in the hole. Trustees and advisory councils project gradual deficits only if no fixes are made, while Congress and the White House explore financing changes and wage indexing to preserve benefits for future decades.

Social Security New York Congress Social Security Trust Funds Advisory Council On Social Security Advisory Council Ford Rockefeller White House Senate Finance Committee Walter Mondale D-Minn House Ways and Means Committee James Burke D-Mass

Tax sheltered investments and tax advice overview

The passage outlines tax exempt or deferred options including municipal bonds, dividend exemptions up to 100, Keogh plans for non pension workers, E bonds deferral, and taxed shelter schemes in oil wells and real estate. It warns investors to seek expert guidance and mentions The Investment Dealers Digest and a column by Sam Shivisky at The Gazette.

Keogh Investment Dealers’ Digest Broadway New York Shulsky We-Com Sam Shivisky the Gazette

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