New tax law expands tax free IRA retirement savings
New federal rules allow up to 2000 per year tax free into Individual Retirement Accounts starting 1982. The change lifts prior restrictions, enabling workers not covered by pensions to contribute. Financial experts say any saver can benefit, with long term compounding tax free and penalties for early withdrawal.
MENTIONED IN THIS ARTICLE
New York
UPI
Uncle Sam
Herbert Paul
Touche Ross & Co
IRS
Paul
Touche Ross
Prices Mixed as Dow Rises From 15 Month Low
New York stocks opened mixed with blue chips posting early gains as investors digest sharp losses from the prior session. The Dow Jones industrial average rose 2.10 to 853.22 after a 10.56 point drop to 851.12, hit on concerns about high interest rates and the federal budget deficit.
MENTIONED IN THIS ARTICLE
New York
Grains prices by region in Ohio markets
UPI reports average cash grain prices paid to farmers by rain elevators in Ohio after closing Tuesday through today. Northeast Ohio No 2 wheat 3.56, corn 2.59, oats 2.00, soybeans 6.22. Northwest Ohio wheat 3.60, corn 2.60, oats 2.08, soybeans 6.38. Central Ohio wheat 3.57, corn 2.64, oats 2.22, soybeans 6.27. Trend shows wheat and corn down, oats steady, soybeans sharply down.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Northeast Ohio
Northwest Ohio
Grain prices at Loram County market close
Loram County Farm Bureau Cooperative Assoc reported yesterday's market close with Wheat at 359 per bushel Shelled Corn 252 per bushel Oats 225 per bushel and Soybeans 3632 per bushel.
MENTIONED IN THIS ARTICLE
Loram County Farm Bureau Cooperative Association
Ford trims price hikes on 1982 models to under rivals
Ford announces an average 4.8 percent raise on base 1982 cars, about $430 to $9,600, with an extra $127 for options and $39 for transportation. GM and Chrysler outline larger increases, while Ford asserts prices are held to a minimum despite higher costs. Some models shift modestly, others stay steady or drop briefly.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Ford Motor Co
Ford
General Motors Corp
Chrysler Corp
Chrysler
American Motors Corp
Volkswagen of America
Philip E. Benton
Barter Systems Inc helps Cleveland area firms trade goods
In Berea and Lorain County, Barter Systems Inc. BSI operates as a trade exchange with 350 local members in four months and 60 major city networks nationwide. Members earn trade units for completed deals, pay a $300 annual fee, and face a 10 percent service fee to ESI. BSI touts benefits like selling hard-to-met items, tax considerations, and wider markets, while stressing it is above board with IATE standards.
MENTIONED IN THIS ARTICLE
Mike Moran
Cleveland Area
Barter Systems Inc
Daniel Neighbor
Lorain County
Neighbor
BSI
ESI
Business Week
International Association of Trade Exchanges
Larry M. Inks
IATE
Internal Revenue Service
Dun & Bradstreet
Better Business Bureaus
Also Mentioned on This Page
Elyria
Robert Penick
Gary Nlott
The
IRA
Nat Steel
ats + & Bobbie Brhs
Repab Steel
Boeing
Reynolds
Sitate Rockwell
Cdn Pac
Sears
Stity Sperry
Ersler Cp Stab
CrCal
Sid Oil Ind
Coca Cola
Ltd
Colgate
Cot Gas
Tenney
Edison
Lon Edison
TRW
Soa Ual Inc
Cook
Umea
Aes Curtiss Welch
Umos
Dayton Hd
Ta United Brands
Det Edison
Ds US Steel
Blaba DePont
Upjohn
Western Union
Eastman Kedah
BAS
Eaton
le Westh
Elec
Evans
Wetvac
Ty Weyrhs
Exxonto
Firestone
Ta Woolworth
Ford Motor
Gen Foods
Gen Motors
Pierre
Emerson
Excella Sale
IBM Cp
LIS Mauel
Tyth Parker Hanmfin
MGM Gr
Searle G D Co
Mobil Corp
Smucker
Monsanto
SouthermCo Ibe Motorata
Svbron
Nabisco
Toledo Edison
Ree
Tandy Corporation
Company
Cleveland
Windjammer Cruises
BSE
U.S
Handy & Harman
Guotel
N.Y
Stoln
Camp Bazen Poy
Cincanatr
Chicago
Moonie
Republic NY
Transcon Ing
HEY Trust coGa
Fidelity-i -Puntan
Jamcock
Vanguard Well
OIL and Gas Income Fund
Ue Aftnel Ae
Sethe Ternivery Oy
Preapecns
Coniert
Madona
Feneriiin Centers Inc
Clive
YMA
Cheteine
Detakl
Stu Fairchild
Insured Municipals
Muniapol
Unita
Standard & Poor'’s
van Kampen Filkin & Merritt Inc
Ene Poly
Boley
Mgic Indeneety Corporation
Troy
Soa
Hier
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