The Retirement Savings Time Bomb . . . and How to Defuse It: A Five-Step Action Plan for Protecting Your IRAs, 401(k)s, and Other RetirementPlans from Near Annihilation by the Taxman by Ed Slott
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Book Reviews of The Retirement Savings Time Bomb . . . and How to Defuse It: A Five-Step Action Plan for Protecting Your IRAs, 401(k)s, and Other RetirementPlans from Near Annihilation by the Taxman
Book Review: Ridiculous
Summary: 5 Stars
Writing reviews for Amazon is getting ridiculous. I received my order before the deadline and in the condition promised.Book Review: Buy it and save yourself $$ in retirement
Summary: 5 Stars
A great book to avoid losing your hard earned IRA money. And great tips for passing it on to your kids.Book Review: Do you want your IRA to go to the IRS or your family?
Summary: 5 Stars
Its hard to believe that you can spend your entire working life providing for your family and saving money to support yourself in retirement only to lose most of your retirement assets to the IRS when you die. Ed Slott's recent book provides strategies and ideas on ways to maximize your IRA and other retirement assets so that more of it stays in your family and out of the hands of the government.
Ed turns the table on the IRS and puts you in greater control of how your IRA assets are taxed and when. Using these strategies, it is possible for your beneficiaries to grow your IRA assets faster than the IRS can tax them! It's not rocket science, but you have to know how to do it.
If you have significant IRA assets and follow the strategies Ed describes, you will be able to leverage your IRA to its fullest leaving a financial legacy for your family that will provide financial security and income for decades to come -- long after you are gone. The alternative? Allow the IRS to take what they want first and let your kids fight over what is left. You decide.
Book Review: Don't Die Before Reading This Book!
Summary: 5 Stars
If you have any retirement accounts (IRA, 401K, Keogh, etc.) the government can take a big chunk after you die unless you carefully choose your beneficiaries (the younger the better). No one else ever told me about this. The author writes clearly and with a good sense of humor. Read this, and more importantly act on this excellent advice.Book Review: The retirement Savings Time Bomb
Summary: 4 Stars
Worth the price...easy read, sometimes wordy...taught me worthwhile info on retirement savings, and how to keep the government away from your money.