Parlay Your IRA into a Family Fortune: 3 EASY STEPS for creating a lifetime supply of tax-deferred, even tax-free, wealth for you and your family

by Ed Slott

Overview

"America 's IRA expert"(Mutual Funds magazine) Ed Slott shows readers how to make the most out of their retirement plans.

? Achieve unlimited tax-free income after retirement and keep assets in the family
? Protect retirement funds from creditors, divorce, bankruptcy, lawsuits, or other problems that could expose it to loss
? Use a Roth IRA to build a tax-free fortune Slott's three-step strategy cuts through the tax laws and provides simple, easy-to-follow instructions for managing IRAs and other retirement income.

Product Details

ISBN-13:	9781101202883
Publisher:	Penguin Publishing Group
Publication date:	12/27/2005
Sold by:	Penguin Group
Format:	eBook
Pages:	288
Sales rank:	136,940
File size:	3 MB
Age Range:	18 Years

About the Author

Ed Slott is a highly sought-after professional speaker, CPA, and tax adviser. His diverse client list includes major corporations such as Fidelity Investments, American Express, Merrill Lynch, Nationwide Insurance, and Oppenheimer Funds. Ed Slott frequently appears in The Wall Street Journal, The New York Times, USA Today, and on broadcast television and radio programs nationwide. He is publisher of the popular monthly newsletter “Ed Slott’s IRA Advisor.”

Table of Contents

Introduction: What Comes After a Trillion? xi

Part 1 Keep It Together 1

1 The Ninth Wonder of the World 3

2 Your Incredibly Missing IRA Transition Strategy 25

3 Will Estate Tax and a Need for Cash Be an Issue for You? 40

4 Setting Up Your IRA for the Stretch 53

5 Who Can-Should-Inherit Your Stretch IRA? 71

6 Setting Up a Stretch IRA for Multiple Beneficiaries 112

7 Preserving the Stretch When Naming a Trust as Your IRA Beneficiary 122

Part 2 Parlay it Into a Fortune 139

8 Exercising Your Options-Decisions, Decisions 141

9 Taking Inherited IRA Distributions-What to Do When 154

10 Tax-Cutting Strategies for IRA Beneficiaries 176

Part 3 Choose the Right Ira Advisor 195

11 Why You Need and IRA Advisor 197

12 Is Your Advisor an IRA Expert? Let's Find Out! 201

13 The Green Berets of IRAs aka Ed Slott's Elite IRA Advisor Group 221

Appendices

I Resources That Make for Top-Notch IRA Advisors 227

II Uniform Lifetime Table and Joint Life Expectancy Tables 231

Index 257

Acknowledgments 265

What People are Saying About This

From the Publisher

"Ed Slott's easy-to-understand tax strategies mean money in your bank account, not the IRS's."
-Jan M. Rosen, coauthor of Wall Street Secrets for Tax-Efficient Investing and financial columnist for The New York Times