IRAs, 401(k)s & Other Retirement Plans: Strategies for Taking Your Money Out
| Author | : | |
| Rating | : | 4.46 (842 Votes) |
| Asin | : | 1413323936 |
| Format Type | : | paperback |
| Number of Pages | : | 408 Pages |
| Publish Date | : | 2014-06-26 |
| Language | : | English |
DESCRIPTION:
Save your nest egg from the IRS About to retire? Over 70 and facing mandatory withdrawal rules? Just inherited money from a retirement plan? Whether you have an IRA, Roth IRA, 401(k), Keogh or other retirement plan, this book will help you make sense of the rules for taking your money out. Even more important, it will show you how to avoid the stiff taxes and penalties that lurk in the fine print. It also covers the special tax benefits for conversions to Roth IRAs and explains how to recharacterize converted funds if you change your mind.. It covers: tax strategies before and after retirement required distributions and how much you need to take penalties for taking money out early and how to avoid them how to divide a plan at divorce what happens to your retirement plan after your death different rules for taking money out of an inherited plan The 13th edition is completely updated with the
Disappointed in Nolo RBMunkin Very disappointed in this book from Nolo, whom I usually trust very well. I waited many months for this new edition to come out, expected it to have "strategies for taking your money out", like the subtitle says. Nope. Like the one other reviewer (as of the time of this writing) says, it explains laws and requirements, but not strategies. I was expected different ways of taking money out to make sure it lasts my lifetime, like the 3% rule, etc. Stuff like that. What a disappoin. Steve said Explains IRA, Explains IRA, 401K, etc. laws but not strategies Steve This book really did not help me. The title says "strategies" but they really only cover mandatory rules for withdrawal from various types of retirement savings accounts.. 01K, etc. laws but not strategies. This book really did not help me. The title says "strategies" but they really only cover mandatory rules for withdrawal from various types of retirement savings accounts.. "Two Stars" according to Amazon Customer. Not a lot of useful information that you don’t know already.
News & World Report "Few resources are as valuable when it comes to financial planning in later life." The Wall Street Journal "This book belongs on the bookshelf of anyone with a retirement plan. Here's where you'll find the answers." Kiplinger's Personal Finance "Uses everyday language to describe Internal Revenue Service rules for making withdrawals from retirement plans." The Wall Street Journal. “Depending on the size of the IRA and the age of the beneficiary, it might be smarter to pay the penalty than to liquidate the account simply to avo
News & World Report, Newsweek and Consumer Reports. Slesnick has a bachelor's, master's and Ph.D., all from the University of California, Berkeley.John Suttle has been practicing law for 18 years. Slesnick has been featured on television and radio programs across the country and in publications including Money Magazine, U.S. in the areas of retirement and tax planning. Twila Slesnick is an Enrolled Agent who specializes in tax and i