The Retirement Savings Time Bomb . . . and How to Defuse It: A Five-Step Action Plan for Protecting Your IRAs, 401(k)s, and Other Retirement Plans from Near Annihilation by the Taxman
The best source of IRA advice" (The Wall Street Journal), extensively revised and updated for new tax rules

With the possible exception of home property, the most valuable asset for most Americans is their retirement fund. Yet most people don't know how to avoid the costly mistakes that cause a good chunk of those savings to be lost to needless and excessive taxation. Now, in this fully updated edition of The Retirement Savings Time Bomb, renowned tax advisor Ed Slott explains in clear-cut layman's terms what people need to know to keep their money and pass it on to their families. This book is for every American with savings who is planning to retire.
1114798908
The Retirement Savings Time Bomb . . . and How to Defuse It: A Five-Step Action Plan for Protecting Your IRAs, 401(k)s, and Other Retirement Plans from Near Annihilation by the Taxman
The best source of IRA advice" (The Wall Street Journal), extensively revised and updated for new tax rules

With the possible exception of home property, the most valuable asset for most Americans is their retirement fund. Yet most people don't know how to avoid the costly mistakes that cause a good chunk of those savings to be lost to needless and excessive taxation. Now, in this fully updated edition of The Retirement Savings Time Bomb, renowned tax advisor Ed Slott explains in clear-cut layman's terms what people need to know to keep their money and pass it on to their families. This book is for every American with savings who is planning to retire.
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The Retirement Savings Time Bomb . . . and How to Defuse It: A Five-Step Action Plan for Protecting Your IRAs, 401(k)s, and Other Retirement Plans from Near Annihilation by the Taxman

The Retirement Savings Time Bomb . . . and How to Defuse It: A Five-Step Action Plan for Protecting Your IRAs, 401(k)s, and Other Retirement Plans from Near Annihilation by the Taxman

by Ed Slott
The Retirement Savings Time Bomb . . . and How to Defuse It: A Five-Step Action Plan for Protecting Your IRAs, 401(k)s, and Other Retirement Plans from Near Annihilation by the Taxman

The Retirement Savings Time Bomb . . . and How to Defuse It: A Five-Step Action Plan for Protecting Your IRAs, 401(k)s, and Other Retirement Plans from Near Annihilation by the Taxman

by Ed Slott

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Overview

The best source of IRA advice" (The Wall Street Journal), extensively revised and updated for new tax rules

With the possible exception of home property, the most valuable asset for most Americans is their retirement fund. Yet most people don't know how to avoid the costly mistakes that cause a good chunk of those savings to be lost to needless and excessive taxation. Now, in this fully updated edition of The Retirement Savings Time Bomb, renowned tax advisor Ed Slott explains in clear-cut layman's terms what people need to know to keep their money and pass it on to their families. This book is for every American with savings who is planning to retire.

Product Details

ISBN-13: 9781101589960
Publisher: Temple Publications International, Inc.
Publication date: 01/03/2012
Sold by: Penguin Group
Format: eBook
Pages: 416
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


Author's Note     vii
Introduction: Playing the "Back 9"     xi
Talking the Talk: A Foolproof Primer of Essential but Often Confusing Tax Terms and Definitions     1
What to Do with the Biggest Check You'll Ever Get     17
The Crime of the Century     19
What's Your Risk IQ?     25
Roll Over, Stay Put, or Withdraw?     34
Five Easy Steps to Protecting Your Retirement Savings from the Taxman     81
Step #1: Time It Smartly     83
Step #2: Insure It     148
Step #3: Stretch It     165
Step #4: Roth It     205
Step #5: Avoid the Death Tax Trap     240
When Things Don't Go as Planned     265
What to Do When S*** Happens     267
Resources     315
Appendices
IRS Joint Life Expectancy Tables     321
IRS Tax Forms and Publications You Should Have (and Where to Get 'Em)     347
Sample Beneficiary Designation Forms and "Stretch IRA" Beneficiary Information Sheet     351
Acknowledgments     357
About the Author     365
Index     369
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