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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 07, 1976
Page
10
The mini Keogh plan allows a moonlighter to save 25 percent of outside income up to 750 dollars, with a stepping scheme: 500, 750, then 900 dollars at different income levels, while income above 5,000 dollars follows the standard 15 percent up to 7,500 dollars. The rule hinges on self employment versus regular work.
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A reader asks about transferring small stock amounts for a child, comparing reinvestment plans, and using brokers. The columnist explains how to move shares within dividend reinvestment plans, clarifies Date of Trade versus Date of Record, and critiques the yield gap between large and small investors citing Ginny Mae notes and service costs.
In Plymouth historians say the first Thanksgiving in 1621 did not feature turkey cranberry sauce or pumpkin pie as later tradition. Hallmark historian Sally Hopkins notes these items became part of the feast in later years.
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