The Truth About Protecting your IRAs and 401(k)sBook - 2009
All you need to know about every IRA, every 401(k)…even HSAs, and more!
· The truth about getting the most benefits at the lowest cost
· The truth about avoiding the pitfalls that can kill your retirement
· The truth about choosing the best strategies for you--and your kids
The Truth About Protecting Your IRAs and 401(k)s arms you with the up-to-the-minute knowledge you need to build your retirement income, as you reduce your costs, taxes, and risks! Consumer finance expert and nationally syndicated radio host Steve Weisman offers 48 quick, bite-size, just-the-facts information about every type of tax-advantaged retirement investments: self-directed, stretch, SIMPLE, SEP, Roth, and spousal IRAs, 401(k)s, and more. You'll find up-to-the-minute guidance on avoiding pitfalls that can cost you a fortune…choosing the right retirement strategies for both you and your heirs…planning retirement investments when you’re a married or unmarried couple…widening your 401(k) investment options…and much more. Like every book in The Truth About Series, this book distills all the essential knowledge you need on a topic...presents it clearly, simply, and quickly, with an “a-ha!” on every page...and shows exactly how to put it to work in your daily life. Easy to read, easy to use, it’s all you need to gain retirement security--and protect it for the rest of your life!
IRAs and 401(k)s offer the potential for great benefits as well as problems for people saving for their retirement. Author Weisman (law, tax, and financial planning, Bentley College) provides a simply-written and authoritative overview of both sides of the coin. Topics include: earned income, IRA deductions and distributions, self-directed and stretch IRAs, excess contributions, vesting rules for 401(k)s, transfers, health savings accounts, and unmarried and same-sex couples. The book also includes a section of definitions of relevant terms. Annotation ©2009 Book News, Inc., Portland, OR (booknews.com)