Word: keogh
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DERIVATIVES, THOSE HOT "BASKETS" OF FINANCIAL products that balance risky but potentially lucrative investments with conservative ones, are at your corner bank. For people rolling over IRA and Keogh money, Citibank offers a five-year deposit account with income tied to Standard & Poor's 500 stock index. Put in $10,000 now when the S&P is 450, and if the index average climbs 150 points by 1998, Citibank will return $6,660 along with the principal. Next to a conventional five-year CD, which would pay $2,613, the stock-linked account looks like a skyscraper. Should the market...
...proposed law would set the state income tax rate on Part B taxable income (in general, earned income) at 4.25 percent for 1991 and 4.625 percent for 1992, except for income from unemployment compensation, alimony, Massachusetts bank interest, rental income, pension and annuity income, and IRA-Keogh deductions, which would be taxed at 5 percent...
...election is] beneficial to Harvard students' understanding of their own political beliefs," said Kathryn L. Keogh '89, who is the election organizer...
More than 4500 undergraduates participated in a similar election the SAC held four years ago, she said. That poll was covered by the New York Times and The Boston Globe, Keogh said...
...deferral has provided a huge influx of new business for banks, thrift institutions and Wall Street brokerage houses. The total amount put into IRAs as of April 15 will be about $240 billion; by 1990 that total is expected to reach $500 billion. Those figures include Keogh plans, an equivalent of the IRA designed for self-employed individuals...