Newspapers / West Craven Highlights (Vanceboro, … / March 29, 1984, edition 1 / Page 3
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West Craven Htghlights, March 29, 1984, Page 3 ♦Federal regulations require subsUntial interest penalties for early withdrawal from fixed-rate investments. In addition, tax penalties may apply to withdrawals from an IRA before age 59V!. 5 of na, ' of ina as he on >83 ind his ite- rth 4. life in est on nt, sly the is ng for let en, CO of nd jer TOdiovia m ^%iiovia is stiU your best chdee for an Individual R^rement Account Here’s v%; There’s one thing nearly all financial experts agree on: An IRA is one of the best tax-deferred retire ment plans you can have. Here are five good reasons to have yours at Wachovia. 1. Money market rates. All Wachovia IRA invest ments earn top money market rates, compounded daily for higher annual yields. And there are no invest ment fees to reduce your yield. Compare vvrith the rates being paid anywhere. Example: Current rate and yield on Wachovia IRA invested in a 4-year, fixed-rate deposit (subject to change daily). 10.50% £=» 11.069% “ Other variable-rate and fbced-rate options are available. For the current rate, call a Personal Banker!” 2. No minimum deposit. At Wachovia, you can open or add to your IRA in any amount. The maximum, by law, is $2,000 per year for every wage earner, or $4,000 for a working couple. But at Wachovia you don’t have to deposit that much to get tax benefits and start saving for your retirement. 3. Multiple investment options. Wachovia offers a vfode range of fixed-rate investments with guaran teed rates, at terms from three months to four years. And our variable-rate investment, the Accumulator, has no minimi^ and no required term. That means you can deposit any amount anj^ime, and you can automatically transfer funds to fixed-rate investments as often as you like without paying interest penalties. You’ll receive a periodic statement shovfong all activity on your account. 4. Insured safety. Every Wachovia depositor’s funds are insured up to $100,000 by ED.I.C. And no matter how far away your retirement may be, you know Wachovia will still be here. 5. Your own Personal Banker. Only Wachovia gives you the services of your own Personal Banker, who can explain all the investment options in detail and help you decide which ones are right for you. Add up the advantages, and you’ll see — there’s no better place for your than Wachovia. Talk to a Personal Banker right away. Yhi can save on your1983 taxes if you deposit before April 15i Wachovia Bank&Trust
West Craven Highlights (Vanceboro, N.C.)
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March 29, 1984, edition 1
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