We think that if we put our money away in IRAs, 401(k)s, 403(b)s, and other retirement plans that it will be there for us when we and our families need it. Right? Wrong. The IRS is waiting to grab up to 90 percent of it. How you distribute, roll over, withdraw, and secure your IRA (and your inherited nest egg) is critical in preventing it from being gobbled up by taxes and penalties.
In The Retirement Savings Time Bomb...and How to Diffuse It, "America's IRA Expert" (Mutual Funds Magazine) and renowned tax advisor Ed Slott will show you how to avoid losing up to 90 percent in taxes and how to preserve your hard-earned savings for generations to come. For years, the tax code has seemed impenetrable to the everyday working American. But by implementing his simple 5-Step Action Plan, readers will be well on their way to protecting themselves, their families, and their investments from the government. The Retirement Savings Time Bomb...and How to Diffuse It is the perfect guide to transform the country's tax uneducated into the tax-savvy.
- ISBN10 0142003778
- ISBN13 9780142003770
- Publish Date 30 December 2003 (first published 27 January 2003)
- Publish Status Active
- Publish Country US
- Imprint Penguin Group
- Format Paperback (US Trade)
- Pages 384
- Language English