IRAs, 401(k)s & Other Retirement Plans: Strategies for Taking Your Money Out, 15th Edition

[BaDshaH]

English | June 29, 2021 | ISBN: 1413328741 | True EPUB | 488 pages | 90.96 MB
Authors: Twila Slesnick, John C. Suttle

Save your nest egg from the IRS

About to retire? Over 72 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 15th edition covers all of the latest changes, including

new start age for required distributions
big changes to distribution rules for inherited retirement
plans and IRAs
new rules regarding the taxation and repayment of
Covid-related distributions, and
new life expectancy tables for mandatory distributions.

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