Don't give your nest egg away to the IRS!
Perhaps your retirement is on the horizon. Or you're changing jobs. Or are about to turn 70.5 years old...
Whatever is going on with your retirement account, IRAs, 401(k)s & Other Retirement Plans is for you! Make sense of the rules that govern distributions from retirement plans – and avoid the stiff taxes and penalties that lurk in the fine print.
In plain English, this book discusses all common types of retirement plans, including 401(k)s and other profit-sharing plans, Keoghs, IRAs and tax-deferred annuities. It covers:
- Tax strategies before and at retirement
- Penalties for taking money out early
- Minimizing taxes
- Distributions you must take
- Distributions to your heirs
The 8th edition is completely updated with the latest tax rates, tables and methods for calculating required distributions. It also reflects the Pension Protection Act of 2006, a huge update to various retirement programs.
With IRAs, 401(k)s & Other Retirement Plans as your guide, you'll know the rules, avoid the penalties and save for your future like a pro.