IRA tax saver idea explained in depth
A public service article explains how an Individual Retirement Account can reduce federal taxes by up to 2000 dollars annually for individuals and 4000 for two income households. It notes spousal IRAs, tax deferral, and loan options to fund contributions while warning on penalties for early withdrawals and income tax implications.
MENTIONED IN THIS ARTICLE
Joe
Uncle Sam
Congress
McGladrey Hendrickson & Co
David McIrvin
Cedar Rapids
The
Gazette
Iowa
Stuart to Step Down as Quaker Chairman in Leadership Shakeup
Robert D. Stuart Jr., heir to Quaker Oats founders, will retire as chair of the board effective November 9 in Chicago. William D. Smithburg will succeed him as chairman while Frank J. Morgan, Robert N. Thurston, and Paul E. Price receive top-line promotions in a broader management reshuffle.
MENTIONED IN THIS ARTICLE
Stuart
Quaker
Robert D. Stuart Jr
Cedar Rapids
Quaker Board of Directors
Chicago
William D. Smithburg
Frank J. Morgan
U.S
Paul E. Price
Thurston
Smithburg
Bob Stuart
Quaker Oats Co
Late rally lifts stocks after three-session slide
The market ended higher after an afternoon rally in blue chips, ending a three-session loss. The Dow rose 5.38 to 1229.47 amid slow volume, with KN Energy jumping 11 to 56 on Mesa Petroleum’s bid. Ford edged up 1, Chrysler 1, and GM unchanged as investors await the Federal Reserve money-supply report.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
KN Energy
Mesa Petroleum
Car sales rise 20 percent for major US automakers in early September
DETROIT AP. The six major domestic automakers sold 132,333 autos in Sept 1 10, up 22 0 percent from a year earlier and a daily rate of 16542 the best since 1981. VW lagged as interest shifted to larger models while AMC posted strong gains from Renault Alliance sales.
MENTIONED IN THIS ARTICLE
Detroit
Volkswagen of America Inc
American Motors Corp
AMC
Auto makers report 1984 model year gains and early September sales
Dodge Daytona 1984 introductions push AMC deliveries to about 4,200, up from 3,500. Ford boosts 28.9 percent to 32,865 while GM rises 16.6 percent to 76,835. Chrysler up to 15,351. VW down 28 percent to 1,221. GM and Ford show solid year-to-date gains, with AMC surging 109.2 percent from 63,650 to 133,160.
MENTIONED IN THIS ARTICLE
Ford Motor Co
Ford
General Motors Corp
Chrysler
American Honda Manufacturing Co, Inc
United States
U.S
AMC
Ford to Raise Car Prices 2.3 Across Lineup
Ford Motor Co will raise car prices by an average 2.3 percent or about $254 across all models in the coming model year, following General Motors. The move includes price cuts on 17 models and boosts on 40, with options up 1.9 percent and delivery charges unchanged. Specific models such as Escort, Lynx, EXP, Tempo, LTD, Thunderbird, Topaz, and Lincoln Town Car show varied increases and occasional declines, reflecting shifts from 1983 levels.
MENTIONED IN THIS ARTICLE
Dearborn
Mich
Ford Motor Co
General Motors Corp
Ford
Chrysler Corp
Eugene Koch
Continental
Chrysler sets modest price rise for 1984 model year
Chrysler chairman Lee lacocca said prices will rise only modestly in 1984 after ratifying a $1 billion UAW labor deal. He declined to specify timing for 1984 pricing as GM and Ford plan about 2 percent increases. Lacocca spoke at a Governor's Commission on Jobs and Economic Development meeting in Ann Arbor.
MENTIONED IN THIS ARTICLE
Ann Arbor
Mich
Chrysler Corp
Lee Lacocca
United Auto Workers Union
Lacocca
Governor's Commission On Jobs
Regional Food Firms Plan Acquisition of Colonial Provision
Curtice-Burns Inc. of Rochester and Pro-Fac Cooperative reach an agreement in principle to acquire Colonial Provision Co. of Boston, a regional processor and marketer of ham bacon hot dogs and luncheon meats. Pro-Fac owns the National Oats plant. Curtice-Burns is parent of National Oats of Cedar Rapids. Waterloo Denver air service to resume Oct 3 with two daily flights each from Waterloo and Denver. Aspen Airways and United officials announce.
MENTIONED IN THIS ARTICLE
Curtice-Burns Inc
Rochester
N.Y
Pro-Fac Cooperative
Colonial Provision Co
Boston
Curtice- Burns
National Oats of
Cedar Rapids
Pro-Fac
National Oats
Waterloo
Denver
Aspen Airways
United Airlines
Chrysler to pay 116.9 million in preferred dividends
Chrysler Corp will pay 116.9 million dollars in accumulated preferred stock dividends for the year. This marks the first dividend on the stock since the third quarter of 1979, the company announced on Wednesday.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
$4.6 Million Pact For Collins Division
The Air Force has awarded a $4,656,900 contract to Collins Government Avionics Division of Rockwell International for ARC-186 dual communication and navigation controls. The units will be manufactured in Cedar Rapids and support the Air Force and Army VHF transceiver standard. Senator Roger Jepsen announced the award.
MENTIONED IN THIS ARTICLE
Collins
Rockwell International
Air Force
Roger Jepsen
Army
Cedar Rapids
Also Mentioned on This Page
Robert N. Thurston
International Grocery Products
Morgan
North Star
Wall Street
New York Stock Exchange
Treasury
Mesa
Ford Motor
General Motors
Pillsbury
Exchange
Standard & Poor
S&p
Dodge
John Hammond
Data Resources Inc
Lexington
Mass
Commission
Michigan
Air Service
Marion
Iowa City
Anamosa
Elsewhere
Collins Division
Daii Bosworth
David Bosworth
First Street
S.t
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