Word: bondses
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Created by Congress in 1974, I.R.A.s allow wage earners to put aside a portion of their income into special accounts, where the money earns interest tax-free until it is withdrawn during retirement years. At that time, in most cases, a person's income, and thus his tax bracket...
More venturesome investors will have a wealth of other options. Mutual fund companies are aggressively selling an I.R.A. smorgasbord consisting of various kinds of stocks, bonds and money-market securities. Fidelity Management Group, for example, has eleven such funds. For an annual fee of $10, Fidelity customers can switch their...
This is not exactly a novel scenario; the scarier financial writers have been mulling it over for years. But there is something brave about Rollover It undertakes to explain, in dramatic terms, how the international monetary system functions and to speculate on how a monkey wrench could be inserted into...
In putting on a cap, also known as a crown or jacket, the tooth is ground to a stump, then a porcelain or gold jacket prepared in the dental laboratory from a wax impression is carefully cemented on. Capping even one tooth can take three or four sittings. In bonding...
The All Savers Certificates, which bankers had hoped would help their industry stay competitive with the high interest rates offered by money-market funds, give depositors up to $1,000 tax-free interest ($2,000 for a couple) on one-year investments. The notes carry an interest rate equal to...