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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Aug 20, 1990
Page
7
Gary Smith explains how earned income allows IRA contributions up to 2000 dollars per person and 2250 dollars combined when filing jointly. He outlines spousal IRAs, age rules for distributions, penalties before 59 4 and required minimums after 70 4, plus deductibility factors based on income and participation in employer plans.
John Henden surveys how corporate language reshapes terms from manhole to maintenance hole and disabled to less pejorative forms. He notes the Pentagon and advertisers invent phrases to spin reality, shaping daily speech and masking downsizing, with examples like Fahrvergnügen and Retsyn.
The piece weighs savings options from passbook accounts to money market accounts and funds. It explains rates, minimums, penalties, and access, plus guidance on building a down payment monthly. It also answers basic Dow questions and suggests no-load mutual funds for stock investing through Peter Weaver's column.
A Sharon Massachusetts couple launches a baby sitting co op to cut fees. They plan to recruit about ten families, appoint a secretary, print 1000 chits as half hour coupons, and use a schedule list to match sitters. High demand hours require double chits.
TV ads become a $500 million infomercial business drawing FTC scrutiny as viewers confuse programming with advertising. Twin Star Productions agreed to stop certain pitches and refund $15 million. Separately, FDIC announces deposit rule changes effective 1992 with $100,000 coverage limits and specific retirement plan and investor servicing account adjustments.
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