The revised edition of this practical guide to taking money out of a retirement plan covers such topics as when to take money out, tax strategies, avoiding or reducing penalties, distributions, early retirement, and more, with updated information on the Pension Protection Act of 2006, tax tables, and recent rule changes for taking money out of Roth IRA conversions and 201(k) plans. Original.

This book is for anyone who wants or needs to take money out of a retirement plan. This includes the millions of Americans: § approaching retirement § retiring early § changing jobs § looking to borrow money from your retirement plan § wondering what to do with an inherited plan IRAs, 401(k)s & Other Retirement Plans covers the different types of retirement plans -- including 401(k)s and other profit-sharing plans, Keoghs, IRAs and tax-deferred annuities -- and the taxes and penalties that can deplete your savings. In accessible, plain English, the book covers: § getting your money out § avoiding or reducing penalties § tax strategies before & after retirement § distributions one must tax § distributions to heirs after one’s death With this book as your guide, you'll know the rules, avoid the penalties and save for your future. The 7th edition is completely updated to cover the latest rules and tax tables, and provides new information on Roth IRAs and the new bankruptcy laws.

Product Description: Cash in on new tax breaks for IRAs, and enjoy the most favorable tax terms ever! New, more liberal policies for Individual Retirement Accounts (IRAs) make it easier for Americans to accumulate and retain IRA money. The New IRAs clearly explains how to take advantage of new rules and to avoid complicated tax traps...read more (view table of contents, read Amazon.com's description)

(view table of contents)

Product Description: <p> <b>Individual Retirement Account Answer Book</b> is designed to provide quick, accurate, and timely information pertaining to traditional and Roth IRAs that concerns accountants, attorneys, financial planners, mutual fund brokers, and other pension professionals...read more