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Thanks to the Pension Reform Act of 1974 if you are not a member in your Company’s pension plan, you are eligible for a deserved tax break!

The Individual Retirement Account Plan enables you to set aside a portion of your income for your retirement ... as much as 75% of your annual earned income — up to $1,500 per year — and deduct all of it for Federal Income Tax purposes.

Further, the realized earnings on your tax-sheltered plan accumulate tax-free until distributed, when in all probability you will be in a lower tax bracket.

We at Peoples Life can help you take advantage of this opportunity to enjoy substantial tax savings and, at Jfie same time, let Uncle Sam make a worthwhile contribution to your retirement!

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