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Economy / IRAs #530245

NBC Evening News for Friday, Apr 08, 1983
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(Studio) Surge in IRA (Individual Retirement Account) accts. as income tax deadline approaches noted.
REPORTER: Roger Mudd

(DC) [Dr. Neal STOWE - praises IRAs.] Rush to open IRAs examined. [Savings and loan spokesperson Richard COFFMAN - cites number new accts. opened this month] New York City Bank's situation noted. [Merrill Lynch Pierce Fenner and Smith spokesperson Don UNDERWOOD - comments on requests for info.] IRA's purpose and process explained; details outlined on screen. [Assistant Treasury Secretary John CHAPOTON - discusses disadvantages of such accts.] Income level of most IRA (Individual Retirement Account) participants mentioned.
REPORTER: Irving R. Levine

Reporter(s):
Levine, Irving R.;
Mudd, Roger
Duration:
00:01:50

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