European Stars And Stripes (Newspaper) - June 28, 1987, Darmstadt, Hesse Page so the stars and stripes sunday june 28,1987 investor s guide by Bill Doyle. Pleat Settle a argument. Or Friend fays that a tense of the cd Federal tax Law 1 no looter cd take but deduction for the annul$2,000 Somri Tabibn to my Torum tar tint h bog a i a not corned by Nti mat flu Moira Coanabo ten can be deducted Jet like in pc now who right a. You neither you nor you spouse i a participant Inan employer s retire Doyler enl plan you can Lake a tax deduction for your Ira you re married and your spouse is Tut employed you can put 12,250annually Inlo a spousal Ira and de duct it a. If you re both employed you can each put $2,000 into your own iras and get full if you Are participating in your employer s retirement plan you can take Ibe fun tax deductions Speed out in the above paragraph i your adjusted Gross income it less than s2s.ooo a year j40, i you re married and file a joint re can deduct part of your Ira contribution if Yon Are Cov ered by your employer s retire ment plan and your adj sled Gros income ii 125,000 to $33,000 As n single person or s40.000 to150,000 if you Are married. Q. When Eft co buy pension plan was Tenal Ted i put my pen Sion moot into a Roux scr Iod life Al retirement accent at Wing uriloanuiodirjoo.aiofdcc.3i,1986, my Ira was Worth $60�00. I am 61. An Innonce agent it idling me i Iho old inner Ray Ira it an annuity when i retire. I loathe any advantage in that move. The Sal chaises no Fen on Myira and pays 9.811 percent that rate is ban uttered for three More Yean. I feel 1 should Leare my Ira Ben ii is. Waal is your Adrice a. It would be a serious mistake id move your Ira within the next three years during which time you have that 9.812 percent interest rate locked in. Although you do tray so it s obvious your Ira is in a certificate of Deposit paying that rate. Keep your Ira there at least until the cd that shop around to see Ubai rates Are available on Ira offered by various organizations. If you find an annuity with a higher interest rate consider moving your Ira , make sure you com pare cd interest rates with annuity interest Rales not annuity total return . I would like to Transfer my individual retirement account from Bank to an us Anrce ramping. At he Bank they Tell me i most pay a$75 Rikss Ottto to Cany out this was never pointed out to me weep i opened the insurance agent says he knows of no other bunk with this Type of fee. La there any action i Caa Tike to have the piracy Romed a. None that i know of. Lots of Ira sponsors and trus tees have termination and or Transfer charges. Typically insurance companies have higher Ira costs than Banks. Better Check outfall Ira charges you would incur a Xing Fattu ii business news Dow manages Only slight gain As institutional buying fizzles new York. Ltp1 the Stock mar Ket closed out the week mixed after stumbling through an on again Oft again run in which widely anticipated institutional buying expected to drive Price higher largely failed to occur. The Dow Jones Industrial avenge scored a minor gain of just 16.01 Points on the week to finish at 2436.86, despite setting new closing highs in two of the week s trading was one of those record break ing sessions with the Dow gaining 24,66 inthe fifth consecutive daily close that matched or exceeded its previous High. Investor consolidated their gain tuesday and wednesday knocking the Blue Chip Index Back 178 and 11.32points, respectively. It resumed its Rise on thursday add ing 22.64 As profit taking turned into Stock pulse fimm to Imam mul bargain Hunting but gave Back 14.19friday under pressure from weak Dollar and Bond Market and sharply rising Oil issues outnumbered gainers i.043-900 among the 2,173 new Yor Stock Exchange issues changing hands. Broad Market indexes posted Small advances. Standard & poor s so Stock Index Rose 0.19 to 307,16, and Ibe Newyork Slock Exchange composite Index addedo.l4lol72.67t one of the striking Points about the week was that the expected window dressing did not materialize said Den Nis Jarrett a technical analyst with kid Der Peabody 4 co., referring to the practice by institutional investment managers of reducing Cash assets in Favoron equities at the endow each Quarter. Jairett attributed the Lack of Zinsli Tutino at Tseven Ohn Nch ii hum Usa it Fath fun ctr. Jul Nett can met Hull a shh b v f e to k 1.0 4h Oft fad i lib my 1 1.w9.400 her i.5w.400 4th 1,570,800 51 1,510.300 is 1,49.300 its1.4m.7w Tea 3 19 60 l0101 14.0 0.9439 it 0 0.3 331 150 it on. We Glatie Norm want win won Home step i mint mum pkg Eccl Matuu Foj Yucom of 4h 7,0 413.100 11% pm &0 404j� 1ih 173.900 24v Ico 297,100 34 0-4 247.400 3� e4.su 4 Hyse can paid la Lim Cun a Stort atm an fort mid on am by Tymura Unfer Jet a Ford my Nwa oui 33iy,. 4k s20.m 16.0 1-2 90 187 43.0 0.7 42ft � 3\ 1.92 11.0 4.1 220k t 2tt 10. Is 22.0 1.7 s3 214 00 5514. 102 t 21 a 71 2h,As sit Kkt or 1 tract touch g turn be to15k 3� 39v Wjk 104 i 7 20 i7k t 24k in 2 ?9 29.d in 1.b4 met t 69 15.0 1135 7.0 Ujj to 2s7 Flo u4.3s 20.0 h run Tanal. Buying to a suspicion among investors that the Market May have reached a High want to keep Low profiles and that Means that they Don t believe the Market is going to go much higher he Johnson chairman of the in vestment policy committee at first Albany corp., said the Market Advance Over the last three weeks hinged on gradually increasing Confidence in the dollars strength and Bond prices the movement Haa been very very gradual it kind of crept no on As an especially on the people who came out of april and May very pessimistic landholding a lot of Cash,1 Johnson twid. The Rise has gradually polled these individuals and institution off the Side lines but he said the widespread conviction among investor that the Market was on the Rice May have run out of steam As the analysts suggested the upcoming Midsummer week shortened by the in dependence Day Holiday Friday is unlikely to produce fireworks even without the fourth of july weekend we might ice something thai could be called the Rammer doff arms Johson said. Secondly because we ail this Stone Wall in the Dollar and Bond markets this week it s Only Cook Misene to suggest that Well get name kind of pullback next the big Board at to was the most Active nose limed Izue falling k to 28ft.the number of shares changing hands on lie new York Stock Exchange Darin the week totalled 854,049,570, compared with 888,499,890 a week earlier and684,069,240 shares traded dark the same week year ago. Fund prices from Page 19 ms1 he. 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