jwp@uwmacc.UUCP (Jeffrey W Percival) (12/08/85)
I spoke yesterday with an IDS person who told me about tax-sheltered annuities. Sort of like an IRA except that my employer gives money to IDS (can exceed $2000) who puts it into funds. The early withdrawal penalty starts off at 7%, then decreases to zero after 11 years. I can borrow against the account, too. Does anybody have any experience with this sort of thing? -- Jeff Percival ...!uwvax!uwmacc!jwp