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EbookBell Team
5.0
98 reviewsAbout to retire? Over 723 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 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, and
different rules for taking money out of an inherited plan.
The 16th edition covers all of the latest changes, including:
new start age for required distributions
new contribution limits for 401(k)s, money purchase pension plans, ESOPs, SIMPLE IRAs, and Roth IRAs
new exceptions to the 10% early distribution tax, and
multiple new rules for inherited retirement plans.
