I

V

Dems’Chief Endorses

10.37%=14.81%* If you’re'in the \ 30 % tax bracket

) How TWa Bata Comparaa The taxable interest rale you’d have to receive to net 10 37% after federal Income tax Is shown in this chart

If your family income is

Your tax bracket probably is

The interest rate you’d have to receive to net 10 37% after federal Income tax Is:

$20,000 hr less

25%

13 83%

$25,000

30%

1481%

$35,000 ■

40%

17.28%

$50,000 or more

50%

20 74%

Figures above are approximate and based on 1981 tax tables An interest rate of 10.37% ks equal to 70% of average investment yield on one year U S. Treasury BAs as of the most recent auction

date

You can redeem six-month money market certificates before maturity and without penalty in order to purchase an All Savers Certificate.

—A Guarantee All Savers Certificate— •$10 cash bonus with $1,000 investment; $20 bonus with $5,000 minimum •Up to $1,000 tax-free interest for individuals; $2,000 for couples •No N.J. income tax on interest •12-month term •FDIC insured ’Based on a 10 37% rate, 14 81% is the equivalent yield earned by a purchaser in the 30% Income tax bracket The rate changes every 28 days and is calculated at 70% of the current Treasury Bill rate rfl] guarantee bank ^^^■member

Lautenberg County Democratic Chairman James lannone this week announced his support for Frank Lautenberg for the Democratic nomination in the U.S. Senate race. lannone, is announcing his endorsement, said he believed Lautenberg was the strongest candidate for the Democratic Party in the November election : “His successful experience in the business community gives him the necessary . qualifications to participate in and develop solutions for the present deficiencies in our economy." lannone said he had discussed with Lautenberg several issues of concern to South Jersey, specifically the fishing and farming industries. “Frank Lautenberg is committed to preserving and maintaining our aquaculture ond agriculture. He Understands our special situation in South Jersey and will work with us in finding solutions to our needs." \

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ail For

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