The Retirement Savings Time Bomb
Subtitle: ...And How to Defuse It
By: Ed Slott, America's IRA Expert
Publisher: Viking
Published: January 27, 2003
Place of publication: New York, NY
Language: eng
Format: Hardcover
Number of pages: 368
ISBN-13: 9780670032365
Subjects: Pension trusts -- United States.; Pension Trusts -- Taxation -- United States.; Retirement income -- United States -- Planning.; Finance, Personal -- United States.
First sentence: In the not-so-distant past, the issue of protecting retirement savings rather than investing for retirement might have been considered putting the cart before the horse.
Description: We think that if we put our money away in IRAs, 401(k)s, 403(b)s, and other retirement plans that it will be there for us when we and our families need it. Right? Wrong. The IRS is waiting to grab up to 90 percent of it. How you distribute, roll over, withdraw, and secure your IRA (and your inherited nest egg) is critical in preventing it from being gobbled up by taxes and penalties.

In The Retirement Savings Time Bomb...and How to Diffuse It, "America's IRA Expert" (Mutual Funds Magazine) and renowned tax advisor Ed Slott will show you how to avoid losing up to 90 percent in taxes and how to preserve your hard-earned savings for generations to come. For years, the tax code has seemed impenetrable to the everyday working American. But by implementing his simple 5-Step Action Plan, readers will be well on their way to protecting themselves, their families, and their investments from the government. The Retirement Savings Time Bomb...and How to Diffuse It is the perfect guide to transform the country's tax uneducated into the tax-savvy.
Notes: Description is from book cover.
Table of contents: label: Introduction
title: Playing the "Back 9"
pagenum: xi; title: Talking the Talk: A Foolproof Primer to Essential But Often Confusing Tax Terms and Definitions
pagenum: 1; label: Part 1
title: What to Do with the Biggest Check You'll Ever Get
pagenum: 17; label: Chapter 1
title: The Crime of the Century
pagenum: 19; label: Chapter 2
title: What's Your Risk IQ?
pagenum: 25; label: Chapter 3
title: Roll Over, Stay Put, or Withdraw?
pagenum: 34; label: Part 2
title: Five Easy Steps to Protecting Your Retirement Savings from the Taxman
pagenum: 79; label: Chapter 4
title: Step #1: Time It Smartly
pagenum: 81; label: Chapter 5
title: Step #2: Insure It
pagenum: 146; label: Chapter 6
title: Step #3: Stretch It
pagenum: 163; label: Chapter 7
title: Step #4: Roth It
pagenum: 203; label: Chapter 8
title: Step #5: Avoid the Death Tax Trap
pagenum: 230; label: Part 3
title: When Things Don't Go As Planned
pagenum: 255; label: Chapter 9
title: What to Do When S*** Happens
pagenum: 257; title: Resources
pagenum: 307; label: Appendix I
title: IRS Joint Life Expectancy Table
pagenum: 313; label: Appendix II
title: IRS Tax Forms and Publications You Should Have (and Where to Get 'Em)
pagenum: 339; label: Appendix III
title: Sample Beneficiary Designations Forms and "Stretch IRA" Beneficiary Information Sheet
pagenum: 343; title: Acknowledgements
pagenum: 349; title: About the Author
pagenum: 355; title: Index
pagenum: 359