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A complete action plan to help you make sure your 401(k)s, IRAs, and retirement savings aren’t depleted by taxes by the time you need to use them.
If you’re like most Americans, your most valuable asset is your retirement savings. We diligently put money away for years, yet most of us don’t know how to avoid the costly mistakes that can occur when it comes time to use it. A good chunk of your money can be lost needlessly to taxes unless you plan ahead.
The New Retirement Savings Time Bomb, by America’s IRA Expert Ed Slott, shows you in clear-cut layman’s terms how to take back control over your retirement savings and your financial future. The ticking tax bomb is coming! But this easy-to-follow guide can help you avoid the latest traps set out by Congress and show you how to structure your retirement savings so you can have more, keep more and make it last, no matter what. This book is required reading for every American with savings and investments planning to retire—be it five years from now or fifty.
FORBES: IRA Guru Ed Slott On Taxes, Retirement & Roth IRAs
THINKADVISOR: Ed Slott on RMDs, Backdoor Roths and the Death of the Stretch IRA
Advisor Perspectives: How to Avoid the IRA Tax Time Bomb