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Variety of IRA Accounts Listed

By J.R. ZELNIK You've got about 10 days to sock away a maximum of $2,000 in a 1984 IRA (Individual Retirement Account). April 15 is the deadline. Anyone who works and earns at least $2,000 a year can take advantage of an IRA For married couples, each can establish an IRA if he works. IRA advocates describe it as a triple tax break : Your contributions to it are tax-deductible. You pay no tax on its earnings until you withdraw the money. And when you do that, presumably at retirement You'll probably be in a lower tax bracket and thus pay less tax. EACH OF THE 15 financial institutions in Cape May County has its own IRA programs, in most cases an investment in CDs (certificates of deposit ) . In many cases, the institutions offer both fixed rate and variable rate (or floating) CDs. Marine National has the fewest IRA products: an 18-month variable paying 7.86 percent interest and a 30-month fixed paying 9.05 percent. (Those rates, like all others in this article, are a week old and can change with the blink of an eye, so the reader should take it upon himself to check the latest numbers.) Collective Federal Savings & Loan and First Fidelity Bank/South, on the other hand, each has about a dozen IRAs, running the gamut from three months to 10 years, with rates as low as 7.85 percent and as high as 11. IF ONE IS shopping strictly for interest rates. - New Jersey National Bank's 11.5 percent was the Visit Slated CAPE MAY - A bloodmobile collection visit will be made 2-7 p.m. Monday, April 15, at the Victorian Towers, 608 Washington Ave. The Red Cross emphasizes the importance of giving the "gift of life" by donating. For further information, call 646-7000.

highest, but for a 10-year investment. The highest rate in the county for the most popular 18-month IRA was Ocean City Home Savings & Loan's 10.85 percent Nationwide, some financial institutions are reported disappointed in IRA sales this year. That is thought to be a reflection not on less demand for the account, but an increase in firms offering it. Some people are putting their IRA money in mutual funds, prompting a recent ad by the Foundation for Savings Institutions pointing out that their IRAs guarantee their rate of return and are federally insured. Here's a list of the county's financial institutions, in alphabetical order, and 9 rundown of the IRA accounts they offer and the percent interest they pay. Remember that these rates could have changed since compiled. ANCHOR SAVINGS & Loan: 18-month fixed, 9.5; 18-month variable, 9.75; 30-month fixed, 10.5. Cape May County Savings & Loan: 18-month fixed, 10.3; 18-month variable, 8.8. Collective Federal Savings & Loan: Fixed: 91-day, 8.2; 6-month, 8.8; 12-month, 9.2; 18-month, 9.5; 30-month, 10; 3-year 10.3; - and 5-year, 10.5; 7-year, 10.6; 10-year. 10.8; variable: . 18-month or 5-year, 10-l2 Crest Savings & Loan, 18-month fixed, 9.75; 5-year fixed, 10.5; 18-month variable, 9.25 First Fidelity Bank/South: Fixed: 91-day, 7.85; six-month, 8.6; 9-month, 8.75; 12-month, 9; 18-month. 9.25; 24-month, 9.75; 30-month, 9.75; 3-year, 10-25; 4-year, 10.5; 5-year, 11; 18-month variable, 8.51. First Jersey National Bank/South: Fixed: 12-month, 9.1; 24-month, 9.6; 3-year, 9.85; 42-month, 9.85; a variable with no maturity date, 7.82. First National Bank of Toms River: 18-month, 9.5; 18-month variable, 9. FIRST SAVINGS & Loan: 18-month fixed, 9.75; 5-year fixed, 10-6, 18- month variable, 10. Heritage Bank : 18-month fixed. 9.75; 30-month fixed, 10; 18-month variable, 8.25.

Marine National Bank: 30-month fixed, 9.05; 18-month variable, 7.86 Midlantic Union Trus: Fixed: 6-month. 8.8; 12-month, 9; 24-month, 9.75; money-market variable, 7.85. New Jersey National Bank: Fixed: 6-month, 8.5; 12-month, 9.25; 18-month, 9.25; 3-year, 10; 4-year, 10; 5-year, 10.75; 10-year, 11.5; 18-month variable, 8.73. Ocean City Home Savings & Loan, Fixed: 12-month, 9.1; 18-month, 10.85; 24-month, 10.4; 3-year, 10.6; 5-year, 10.8; 7-year. 11; 10-year, 11.25; 18-month variable. 9.5. Security Savings & Loan : Fixed: 12-month, 9.3. 18-month, 9.8; 24-month, 10.2; 30-month, 10.45; 5-year, 11; 7-year, 11.35. Sturdy Savings & Loan: Fixed: 12-month, 9.25; 18-month, 9.5; 2 1/2-year, 10; 3-year, 10.25; 5-year, 10.6; 18-month variable, 8.S

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