IRA Rules Expand Contributions and Investments Reach
The new pension rante limits raise the maximum keogh plan contribution to 15000 from 7500 and cap yearly at 15 percent of income. IRA rules allow flexible funding, monthly deposits, and deductions on Form 1040. Early withdrawals incur a 10 percent penalty plus full income tax, and collectibles are barred investments. Beginning January, voluntary employer pension plans offer the same tax break as IRAs, with annual investment switches possible under 60 days.
MENTIONED IN THIS ARTICLE
Keogh
Trainmen bring back old times on cross continent ride
The Cross-Continent, a nine day one way rail voyage priced at 4600 dollars, rolls from New York to Los Angeles with two day stops in New Orleans and Phoenix. American Express and 20th Century Rail Tours target upscale couples aged 40 to 60, offering restored 1920s cars with luxury amenities, private bars, and 24 hour room service.
MENTIONED IN THIS ARTICLE
Rick Hampson
Associated Press
America
New York
Los Angeles
American Express
20Th Century Rail Tours
Washington
Ronnie Cox
Jack Mannix
George V
Queen Elizabeth
England
Amtrak
Mannix
Gary Lumsden
20Th Century
Lumsden
Tucker Lampkin
Palm Beach
Lampkin
New Orleans
New Jersey
Pullman
Jesse Mitchell
Trading floor at E F Hutton reels from Dow drop
Traders in a large room with a view of New York Harbor watch an electronic ticker as the Dow falls. John A. Conlon Jr. recalls anxiety over Tokyo and London declines and a potential panic while overseeing hundreds of millions in firm money. Frank manages millions in client assets.
MENTIONED IN THIS ARTICLE
E.F. Hutton
New York Harbor
Tokyo
London
John A. Conlon Jr
Hutton
Dow
Frank
Risk trader Kelly of Hutton’s hits and misses in stocks
1A Kelly, a risk trader in Hutton's institutional division, handles large block trades in food, beverage and tobacco stocks. He earned a $65,000 commission on a 400,000 share Friday, then faced a $40,000 loss Monday after a volatile day, insisting he must keep trading to make up for losses. He emphasizes resilience and ongoing market activity as key to success in stock turning.
MENTIONED IN THIS ARTICLE
Kelly
Hutton
Campground slaying suspect held as funeral honors girl
In California, 37-year-old Thomas Edward Edwards was jailed in Maryland on a fugitive warrant for the Sept. 19 murder of 12-year-old Vanessa Iberri. More than 400 mourners attended the Lake Elsinore funeral as authorities prepare extradition. Edwards faces murder and attempted murder charges in Orange County.
MENTIONED IN THIS ARTICLE
Lake Elsinore
Calif
Maryland
Thomas Francis Edwards
Prince George's County
Upper Marlboro
California
Vanessa Iberri
Edwards
Washington
College Park
Orange County
Vanessa
Kelly Cartier
Lawyer sues Space Invaders for 15 million in Chicago
Michigan Avenue attorney Albert Brooks Friedman filed in U S District Court a $15 million suit after losing 50 cents on a Space Invaders game. He seeks court action declaring all Space Invaders games as gambling devices and requests confiscation and destruction of all machines.
MENTIONED IN THIS ARTICLE
Chicago Sun-Times
Chicago
Michigan Avenue
Albert Brooks Friedman
U.S. District Court
Weather outlook shows mostly sunny to partly cloudy Texas statewide
The National Weather Service reports continued partly cloudy conditions in Odessa with highs near 90 and light winds through Wednesday as a lingering Indian summer persists. Isolated South Texas thunderstorms, scattered showers possible, fog in Southeast Texas, and overnight lows around 60s to 70s accompany a broad Texas forecast from Midland to the coast with highs in the 80s to 90s and cooler nights.
MENTIONED IN THIS ARTICLE
Odessa
National Weather Service
South
Texas
Davis Mountains
West Texas
Marfa
McAllen
Midland Regional
South Texas
Odessa American postal notice fragment
The text appears to be a fragmented postal and publication notice from The Odessa American. It includes address lines, subscription rates, post office classifications, and delivery details with missing context. The readable items indicate a daily and Sunday publication at Odessa, Texas with subscription options and mailing information.
MENTIONED IN THIS ARTICLE
Odessa American
Odessa
Texas
Odessa American PO
Supreme Court ruling on premature well watering and implied covenants
The Supreme Court ruled that premature watering out of wells should not occur and that oil producers must protect landowners from field wide drainage. It upheld duties including drilling replacement or additional wells and pursuing unitization or Rule 37 filings to limit water intrusion and financial losses.
MENTIONED IN THIS ARTICLE
Sian
George Singletary
Permian Basin Petroleum Association
Ed Thompson
Supreme Court
Hastings-West Field
Alexander
Amoco
High Court
Railroad Commission
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Pension - Rante
Noel Raney
Luxury Train
Camper
Lahore
Pakistan
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United News of India
Jacksonville
Fla
Joseph G. Helmich Jr
Soviet Union
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Susan Black
Helmich
U.S. Signal Corps
Paris
KGB
Newark
N.J
Allied Corp
Atlantic Ocean
U.S. Environmental Protection Agency
Allied
Hinckley
John W. Hinckley Jr
Reagan
Bush
San Juan
Puerto Rico
George Bush
Caribbean
Republican Party
Camper Funeral
Vanessa /Kerri
Space Invaders
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US Dept. of Comm
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