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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Nov 05, 1976

Page

4

Investor questions on retirement annuity tax and terms

An investor asks about a $40,000 life annuity contract and $300 monthly payments, noting $1,440 yearly taxed and a 2,400 annual return claimed by the insurer. The advisor explains tax treatment of return of capital versus interest, points out the contract favors the insurer, and suggests waiting until age 70 for better terms if choosing alternatives like nine percent bonds.

Ime

Why You Smoke and How to Quit Says Reasons Matter

A reader asks for help breaking the habit of smoking with advice that urges identifying personal motives. The response notes health risks, urges substitution like walking, and suggests addressing psychological addiction with self analysis and written reflections using a national program guide.

Neil Solomon Wren Eye Sally J. Deer Sally Sike Tran National Chearinghoure For Smoking and Health Atlanta Georgia

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