Books

Retire Secure!: Pay Taxes Later The Key to Making Your Money Last as Long as You Do

Average customer rating:

Excellent book on financial planing and retirement
What everyone needs to read and understand to make the best retirement decisions
Retire Secure-Solid Advice For All
Good for Advisors and Investors
My Roadmap

Retire Secure!: Pay Taxes Later The Key to Making Your Money Last as Long as You Do
James Lange
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

General | Popular Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

General | Personal Finance | Business & Investing | Subjects | Books

Retirement Planning | Personal Finance | Business & Investing | Subjects | Books

General | Practical Guides | Law | Subjects | Books

General | Taxation | Law | Subjects | Books

Look Inside Business Books | Trip | Specialty Stores | Books

Look Inside Nonfiction Books | Trip | Specialty Stores | Books

All Amazon Upgrade | Amazon Upgrade | Stores | Books

Business & Investing | Amazon Upgrade | Stores | Books

Law | Amazon Upgrade | Stores | Books

Professional & Technical | Amazon Upgrade | Stores | Books
Similar Items:

Your Complete Retirement Planning Road Map: The Leave-Nothing-to-Chance, Worry-Free, All-Systems-Go Guide
Retirement Income Redesigned: Master Plans for Distribution: An Adviser's Guide for Funding Boomers' Best Years
Retire Rich With Your Self-Directed IRA: What Your Broker & Banker Don't Want You to Know About Managing Your Own Retirement Investments
The New Rules of Retirement: Strategies for a Secure Future
Boomer or Bust: Your Financial Guide to Retirement, Health Care, Medicare, and Long-Term Care

ASIN: 0470043547

Book Description

Retire Secure! tackles the number one fear facing most IRA and retirement plan owners: running out of money too soon. Lange, a nationally recognized IRA expert, offers specific and practical strategies to successfully navigate the three stages of retirement planning: accumulation, distribution, and estate planning.

Retire Secure! explains the tax advantages and long term wealth building strategies of selectively and strategically putting money into IRAs, Roth IRAs, 401(k)s, Roth 401(k)s and the myriad other retirement plan options available to individuals working in the corporate world, the non-profit sector, as well as individual proprietors. The book proves that putting money into tax advantaged retirement plans beats “traditional saving” in the after-tax environment.

The book sheds new light on best practices for spending your IRA and retirement plan dollars and your traditional savings. Many readers will be surprised to discover that the order in which assets are spent is not a trivial consideration—it can make or break the bank.

It also outlines Lange’s exceptional estate plan–a plan that has been featured in the Wall Street Journal and many other fine financial journals.

The book offers financial planning strategies and tactics in plain English that everyone can understand—and using humor and interesting characters in real life situations the book escapes the dreaded dry financial tome tone. For example, Chapter 1 offers a great mini case study that charts the financial destiny of Mr. Pay Taxes Later and Mr. Pay Taxes Now. Both start saving when they are age 30, but when Mr. Pay Taxes Now reaches age 90, he is broke, while Mr. Pay Taxes Later has $1,946,949 left. Chapter 8 is devoted to a complete case study of “Eddie’s and Emily’s” entire retirement decision making process.

The book is endorsed by more than 31 leading financial experts including Charles Schwab, and Roger G. Ibbotson, Yale Professor and perhaps the world’s foremost authority on asset allocation. As a bonus, readers who purchase this book can receive a free information-packed CD.

" Retire Secure! is your playbook for winning the retirement game and beyond. It shows you how to capitalize on little known provisions of the tax law that will make your retirement savings last several lifetimes, leveraging your hard earned money into a family legacy. Best of all, you can rely on the advice here since it is written by one of the nation's leading retirement tax planning authorities.” Ed Slott, Author Parlay Your IRA into a Family Fortune and

The Retirement Savings Time Bomb…and How to Defuse It

James Lange (Pittsburgh, PA) , an attorney and CPA, is a nationally known IRA, 401(k), and retirement plan distribution expert with over 27 years of experience. His recommendations have appeared 23 times in the Wall Street Journal as well as the New York Times, Newsweek, Kiplinger’s, and many other prestigious financial publications.

Customer Reviews:

Excellent book on financial planing and retirement.......2007-06-12

Bravo!

This book is a must read if you're planning to retire wealthy, or at least securely.

And...

Every college student should be required to study this book carefully if they want to avoid all the common mistakes and money pitfalls that 98% of us fall into. I wish I had read this when I was in college... I would be $100,000 wealthier.

- Dave

What everyone needs to read and understand to make the best retirement decisions.......2007-01-03

James Lang has had so much excellent advice for my husband and me that we purchased 7 copies for our adult children and are hopeful they will benefit from the knowledge in the books and cds.

Retire Secure-Solid Advice For All.......2006-10-21

Reading "Retire Secure" will not alone make you rich. However, if you read and follow Mr. Lange's advice, you will build wealth and then protect it to the fullest extent possible. The book outlines a very clear path to maximize savings using the most effective vehicle available to you. Then it goes on to provide a thorough roadmap to minimizing your tax consequences and maximizing your after tax returns. Finally the book provides several different strategies for passing along wealth to your heirs while once again factoring in the greedy hands of Uncle Sam. The author not only provides you with the theory, as many financial planners do, but backs up his recommendations with solid proofs and confirms them with amusing case studies. Overall this book is an excellent source for information on the use of retirement funds for wealth building and hopefully inheritance to pass on.

Good for Advisors and Investors.......2006-10-11

James Lange's Retire Secure, offers great techniques to help persons planning for retirement. He is on the right track - to postpone and minimize the impact of taxes - in order to maximize the retiree's money and extend the spendable income. This book makes a valuable contribution to the field of personal finance - for both the consumers and the professional advisors who serve them.

My Roadmap.......2006-09-19

I find James Lange's book to be excellant. When we want to go someplace we're not familiar with, who uses MapQuest? Why? It gives us the starting point and the ending point. This book gives so much valuable information. I'll be retiring in 10 to 11 years, so my interest is quite serious. I stumbled accross Mr. Lange's website and find that to also be a fine source of information. As a 'boomer' I'm amazed at what the internet has done for our culture i.e. sharing of information.

Loren McGilvrey

The Insider's Guide to Tax-Free Real Estate: Retire Rich Using Your IRA

Average customer rating:

The Insider's Guide to Tax-Free Real Estate: Retire Rich Using Your IRA
Diane Kennedy , and Dolf De Roos
Manufacturer: Wiley
ProductGroup: Book
Binding: Paperback

General | Popular Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

General | Real Estate | Business & Investing | Subjects | Books

Investments | Real Estate | Business & Investing | Subjects | Books

Retirement Planning | Personal Finance | Business & Investing | Subjects | Books

Look Inside Business Books | Trip | Specialty Stores | Books

All Amazon Upgrade | Amazon Upgrade | Stores | Books

Business & Investing | Amazon Upgrade | Stores | Books
Similar Items:

The Maui Millionaires: Discover the Secrets Behind the World's Most Exclusive Wealth Retreat and Become Financially Free
Retire Rich With Your Self-Directed IRA: What Your Broker & Banker Don't Want You to Know About Managing Your Own Retirement Investments
The Insider's Guide to Real Estate Investing Loopholes
The Real Estate Fast Track: How to Create a $5,000 to $50,000 Per Month Real Estate Cash Flow (Creating Cash Flow Series)
How to Invest in Real Estate With Your IRA and 401K & Pay Little or No Taxes

ASIN: 0470043989

Book Description

This guide from bestselling real estate authors de Roos and Kennedy shows you how to use tax-free retirement funds to invest in real estate. Using real estate IRAs, you can combine the tax benefits of retirement funds with the high rates of appreciation in the real estate market, growing your retirement investments by leaps and bounds. This handy book shows you how.

How to Invest in Real Estate With Your IRA and 401K & Pay Little or No Taxes

Average customer rating:

Informative but not Objective

How to Invest in Real Estate With Your IRA and 401K & Pay Little or No Taxes
Hubert Bromma
Manufacturer: McGraw-Hill
ProductGroup: Book
Binding: Paperback

General | Popular Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

General | Real Estate | Business & Investing | Subjects | Books

Investments | Real Estate | Business & Investing | Subjects | Books

General | Taxation | Law | Subjects | Books

Look Inside Business Books | Trip | Specialty Stores | Books

Look Inside Nonfiction Books | Trip | Specialty Stores | Books
Similar Items:

Retire Rich With Your Self-Directed IRA: What Your Broker & Banker Don't Want You to Know About Managing Your Own Retirement Investments
IRA Wealth: Revolutionary IRA Strategies for Real Estate Investment
The Insider's Guide to Tax-Free Real Estate: Retire Rich Using Your IRA
How to Invest in Real Estate And Pay Little or No Taxes: Use Tax Smart Loopholes to Boost Your Profits By 40%
Private Mortgage Investing: How to Earn 12% or More on Your Savings, Investments, IRA Accounts and Personal Equity--A Complete Resource Guide with 100s ... Secrets From the Experts Who Do It Every Day

ASIN: 0071471677

Book Description

Real estate investment strategies that put the gold in the golden years

This accessible, easy-reference guide shows how to turn a retirement savings plan into a tool for generating major income. Hubert Bromma, an experienced investment professional in real estate and retirement funds for nearly 30 years, take you through the basics of investing with retirement accounts, from choosing the right plan to buying real estate. The book also includes information about the various retirement options, including IRAs, Roth IRAs, individual 401(k)s, and more.

Customer Reviews:

Informative but not Objective.......2007-03-21

Written by the top officer of Entrust, whose business is to manage self directed IRAs, this book is not to be taken as an objective analysis of the benefits and drawbacks of buying real estate within a self directed IRA. Although never actually lying (I'm sure Entrust's attorneys made sure of that), it avoids the topic of fees and lack of control, that are involved in maintaining any real estate investment within an IRA. It also doesn't mention any of the costs of setting up an LLC with one or more members. Setting up an LLC is a likely scenario and was, in fact, recommended to me, by Entrust. Buying real estate within an IRA is very different than doing the same investment outside of an IRA. Given the fees involved with this type of investment, what would be the minimum investment recommended to absorb these fees/costs and still realize an acceptable return? No answers here. Examples of returns are unrealistic in today's more normal market conditions. The author does make some good points, and the concept is really great. But buyer beware. I was so disappointed to come to the conclusion that buying a $350K investment property, using the required non-recourse loan with a higher rate, and setting up an LLC with 2 members (the bank and my IRA) was too complicated and restrictive. This book is an excellent starting point, but the drawbacks either aren't mentioned, nor fully addressed. Basically, the author is selling. Remember what he does for a living. Get your highlighter out and read carefully!

IRAs, 401(k)s & Other Retirement Plans: Taking Your Money Out (7th Edition)

Average customer rating:

Great Book!
Crucial Information
Very User Friendly!
Pay attention to the sub-title
A practical, easy-to-understand instructional

IRAs, 401(k)s & Other Retirement Plans: Taking Your Money Out (7th Edition)
Twila Slesnick , John C. Suttle , and Amy Delpo
Manufacturer: NOLO
ProductGroup: Book
Binding: Paperback

General | Personal Finance | Business & Investing | Subjects | Books

Retirement Planning | Personal Finance | Business & Investing | Subjects | Books

Consumer Law | Business | Law | Subjects | Books

General | Taxation | Law | Subjects | Books

Look Inside Business Books | Trip | Specialty Stores | Books

Look Inside Nonfiction Books | Trip | Specialty Stores | Books
Similar Items:

The Retirement Savings Time Bomb...and How to Defuse It
J.K. Lasser's Your Winning Retirement Plan
Parlay Your IRA into a Family Fortune
Retirement Bible
Cracking Your Retirement Nest Egg (Without Scrambling Your Finances): 25 Things You Must Know Before You Tap Your 401(k), IRA, or Other Retirement Savings Plan

ASIN: 1413304028

Amazon.com

IRA's, 401(k)s & Other Retirement Plans, by financial specialists Twila Slesnick and John C. Suttle, is a solid self-help legal look at a critical back-end issue that most of us blissfully ignore until we absolutely must confront it. The authors themselves admit it is not a compelling page-turner, but rather a comprehensive resource that at some point should prove indispensable to everyone with a retirement plan. They describe the various plans available--including Roth IRAs, to which an entire chapter is devoted--focusing on distribution rules, associated taxes, and potential penalties. They offer details on early distributions used to pay higher-education expenses or health-insurance premiums (which are not subject to taxes, under certain explicit conditions), distributions you must take during your lifetime (when they begin, how they're computed, what happens if your beneficiary changes), and distributions made after an account holder dies (largely concentrating on administrative procedures that could help you avoid unnecessary financial loss). Helpful appendices include relevant IRS forms, notices, and schedules as well as life-expectancy tables. --Howard Rothman

Book Description

If you are...

*approaching retirement *retiring early *changing jobs *looking to borrow money from your retirement plan *wondering what to do with an inherited plan

...you need this book! It helps you make sense of the rules that govern distributions from retirement plans, and avoid the stiff penalties that lurk in the fine print. It 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 nest egg.

In accessible, plain English, this book covers:

*tax strategies before retirement *tax strategies at retirement *dividing a plan at divorce *penalties for taking money out early *minimizing taxes *distributions you must take *distributions to your heirs

The 7th edition is completely updated with the latest tax rates, tables and methods for calculating required distributions. It also provides new information on Roth IRAs and bankruptcy.

With this book as your guide, you'll know the rules, avoid the penalties and save for your future like a pro.

TABLE OF CONTENT:

I. How to Use This Book

1. Types of Retirement Plans

A. Qualified Plans B. Individual Retirement Accounts C. Almost-Qualified Plans D. Nonqualified Plans

2. An Overview of Tax Rules

A. Taxation Fundamentals B. General Income Tax Rules for Retirement Plans C. Income Tax on Qualified Plans and Qualified Annuities D. Special Income Tax Rules for Tax-Deferred Annuities E. Special Income Tax Rules for IRAs F. How Penalties Can Guide Planning

3. Early Distributions: Taking Your Money Out Before the Law Allows

A. Exceptions to the Early Distribution Tax B. Calculating the Tax C. Reporting the Tax D. Special Rules for IRAs

4. Substantially Equal Periodic Payments

A. Computing Periodic Payments B. Implementing and Reporting Your Decision C. Modifying the Payments

5. Required Distributions: Taking Money Out When You Have To

A. Required Distributions During Your Lifetime B. Death Before Required Beginning Date C. Death After Required Beginning Date D. Special Rules for Tax-Deferred Annuities E. Special Rules for Roth IRAs F. Penalty G. Waiver

6. Required Distributions During Your Lifetime

A. Required Beginning Date B. Computing the Required Amount C. Designating a Beneficiary D. Special Rules for Annuities E. Divorce or Separation

7. Distributions to Your Beneficiary If You Die Before Age 70½

A. Determining the Designated Beneficiary B. Distribution Methods C. Spouse Beneficiary D. Nonspouse Beneficiary E. No Designated Beneficiary F. Multiple Beneficiaries, Separate Accounts G. Multiple Beneficiaries, One Account H. Trust Beneficiary I. Estate as Beneficiary J. Annuities K. Divorce or Separation L. Reporting Distributions From IRAs

8. Distributions to Your Beneficiary If You Die After Age 70½

A. Administrative Details B. Spouse Beneficiary C. Nonspouse Beneficiary D. No Designated Beneficiary E. Multiple Beneficiaries, Separate Accounts F. Multiple Beneficiaries, One Account G. Trust Beneficiary H. Estate as Beneficiary I. Annuities J. Divorce or Separation

9. Roth IRAs

A. Taxation of Distributions B. Early Distribution Tax C. Ordering of Distributions D. Required Distributions

Appendixes

A. IRS Forms, Notices, and Schedules

Form 4972, Tax on Lump-Sum Distributions Tax Rate Schedule for 1986 Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts Form 5330, Return of Excise Taxes Related to Employee Benefit Plans Form 5498, IRA Contribution Information Form 8606, Nondeductible IRAs Revenue Ruling 2002-62

B. Life Expectancy Tables

Table I: Single Life Expectancy Table II: Joint Life and Last Survivor Expectancy Table III: Uniform Lifetime Table Table IV: Survivor Benefit Limits

Index

Download Description

"If you are... approaching retirement retiring early changing jobs looking to borrow money from your retirement plan wondering what to do with an inherited plan ...you need this book! IRAs, 401(k)s & Other Retirement Plans helps you make sense of the rules that govern distributions from retirement plans, and avoid the stiff penalties that lurk in the fine print. It 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 nest egg. In accessible, plain English, IRAs covers: the tax strategies before retirement the tax strategies at retirement dividing a plan at divorce tax penalties for taking your money out early methods for avoiding tax penalties distributions you must take during your lifetime distributions to your heirs after your death Roth IRAs With this book as your guide, you'll know the rules, avoid the penalties and save for your future like a pro. "

Customer Reviews:

Great Book!.......2007-02-16

Excellent reference on how to extract money from retirement plans. Gives specific requirements necessary to receive penalty free withdrawals. I highly recommend this easy to understand, plain english book.

Crucial Information.......2006-07-20

This book contains must have information for anyone owning an IRA. I had a previous version and wanted to keep current as I approach the magic age. This book tells you how to avoid fines and penalties from the dastardly IRS. Keep as much of your hard earned savings as possible for as long as possible by reading this book several times then saving it for future reference. I also marked many pages for my beneficiaries just in case. Do yourself a favor and invest in this book.

Very User Friendly!.......2005-08-29

The book is well organized. I was able to use it, immediately, to answer 'basic questions' to help a relative avoid a costly mistake and, more importantly, to learn 'options' that could help. Though I am an insurance agent, I've had little exposure to the 401(k), IRA, etc., market. This book is quickly moving me to the 'top 20% group' of informed agents and financial advisors. I highly recommend it, thanks to Ed Slott!

Pay attention to the sub-title.......2005-05-06

The reviewer plugging the "MarketBuster" book has totally missed the point of this NOLO book, which is given in the subtitle: Taking Your Money Out. The reviewer is talking about strategies for growing your account.

When you're in the savings/growing mode you're in a whole different situation than you're in when you're having to withdraw and/or live off your account. Going from one to the other requires a major change in strategy and, more important, a MAJOR change in mindset and, often, life style.

You're confronted with a whole new set of regulations, whether the reason for the change is retirement, inheriting an account, etc. The biggest change in mindset is that instead of the pleasant pre-retirement situation of watching the money accumulate, you have to recognize that you're now going to be watching it DECLINE. And unless you've got a tremendously more than sufficient account, you're going to have to live with the knowledge that you could outlive the account, possibly due to your own mistakes, some of which this book can help you avoid.

Four years ago I was confronted with making this shift a whole lot sooner than I'd planned, and with getting control of my retirement accounts under conditions where I had little help. Without the previous edition of this NOLO book, I would have been totally lost and probably made serious mistakes.

Now, one caveat: This book does not tell you how to MANAGE your withdrawals and account so as to produce INCOME; as one should expect from NOLO press as a LEGAL advice publishing house, it deals with the nuts, bolts, traps and hazards of the PROCESS of getting the money out.

In my situation I also found that there is not a whole lot of good material out there on the subject of managing your money and account IN the WITHDRAWAL stage, and this subject is affecting more and more people, as the country shifts from defined benefit (pensions) plans to plans like 401Ks and IRAs that place the job of investing and managing on the individual.

It is a whole lot more complex, risky, and stressful than most people realize, especially considering the general abysmal education (lack of) even young people receive on the subject, let alone people my age who were raised to count on pensions, etc. (And thank goodness for Social Security, which while far from adequate, can still supply a firm base of about 30 to 50% of a retirement income; although that's another issue)

So I recommend this book as essential for the basic procedures, but you will also need additional information on how to manage your income account(s). Personally, in addition to a good fee based financial planner, I found invaluable help from folks who have actually been doing the job for years, especially in the forums of Morningstar, for example. But you have to be on constant alert for scamsters and the whole "how to be a billionaire" publishing crowd. You're going to have to invest some serious time and effort in educating yourself for a the whole new job of retirement, and this book is an excellent place to start, preferably BEFORE you actually have to start TAKING YOUR MONEY OUT.

A practical, easy-to-understand instructional.......2004-10-12

Now in an updated and expanded sixth edition, IRAs, 401(k)s & Other Retirement Plans is a solid guide written especially for lay readers to better understand the types of retirment plans available in America. From tax issues, including taxes on early distributions, to the time at which one is required to take some distributions, to determining one's designated beneficiary in case of premature death, and much more, IRAs, 401(k)s & Other Retirement Plans is a practical, easy-to-understand instructional. Highly recommended for anyone cultivating an IRA or concerned about ensuring that the right person benefits from it.

Average customer rating:

Avoiding the Tax Traps in Your IRA
Jack E Stephens
Manufacturer: Legalaction Publications
ProductGroup: Book
Binding: Paperback

General | Taxation | Law | Subjects | Books

Retirement Planning | Aging Parents | Parenting & Families | Subjects | Books

Look Inside Business Books | Trip | Specialty Stores | Books

Look Inside Parenting Books | Trip | Specialty Stores | Books
ASIN: 0966752600

Book Description

AVOIDING THE TAX TRAPS IN YOUR IRA exposes the maze of legal traps existing under present IRA laws. Unlike other publications on retirement planning, this informative book is directed toward the IRA owner and beneficiaries with a simplified rule/example format. The material reveals the necessity for proper IRA planning to avoid the numerous tax traps and penalties. In addition to being an informative guide for the layman, tax advisors will find this book indispensable for simplifying the technical IRA rules for their clients.

Average customer rating:

Too old
The most thorough and educational Roth book out there
Good Read, Everything you ever wanted to know about Roth IRA's

Fairmark Guide to the Roth IRA
Kaye A. Thomas
Manufacturer: Fairmark Press Inc.
ProductGroup: Book
Binding: Paperback

Financial Planning | Personal Finance | Business & Investing | Subjects | Books

Retirement Planning | Personal Finance | Business & Investing | Subjects | Books

General | Taxation | Law | Subjects | Books

Look Inside Business Books | Trip | Specialty Stores | Books
Similar Items:

Capital Gains, Minimal Taxes 2007
Parlay Your IRA into a Family Fortune: 3 EASY STEPS for creating a lifetime supply of tax-deferred, even tax-free, wealth for you and your family
Retire Rich With Your Self-Directed IRA: What Your Broker & Banker Don't Want You to Know About Managing Your Own Retirement Investments
Roth to Riches: The Ordinary to Roth IRA Handbook
The Retirement Savings Time Bomb...and How to Defuse It

ASIN: 0967498104

Book Description

This book makes it easy to learn how to get the most from a Roth IRA. In plain language in covers:

Choices. Deciding whether the Roth IRA is best for you, and where to establish your Roth.

Contributions. How to build wealth for yourself, your spouse, even your child.

Conversions. Determining when and how to convert a traditional IRA to a Roth IRA.

Distributions. How to withdraw money from your Roth IRA without paying tax or penalties.

Strategies. Situations where the Roth IRA can provide special benefits.

This book is your complete, authoritative guide to Roth IRAs, covering all the rules -- and explaining strategies that will help you build and preserve retirement wealth.

Customer Reviews:

Too old.......2007-03-19

In the description of this book it was not mentioned that this is the 2004 edition. It does say so on the cover, if you enlarge the image of the cover.

The laws about Roth IRAs have changed since then. However, up to date info is available on the Fairmark website.

The most thorough and educational Roth book out there.......2006-09-09

I have read many books about IRAs as well as the pages of the IRS web page pertaining to Roth IRAs. This book is the best I have read for information on the Roth IRA. It offers the best explanation I have seen of why the Roth is worth more than the traditional IRA for many investors. Not only is it worth more than the traditional IRA but the Roth is also much more flexible than the Traditional IRA. You can use a Roth IRA to buy a house, pay for a child's education, buy a car, really anything you like as long as you withdraw only the contributions. This book will explain the options the Roth allows and you will be able to decide if the Roth is for you.

Good Read, Everything you ever wanted to know about Roth IRA's.......2005-10-07

After reading this book I felt like I had a very solid knowledge of Roth IRA's and how they work. Ive been a Roth IRA investor/contributor since they became law in 1998. However, one of the areas I struggled with was whether or not to
convert traditional IRA funds to my Roth account. This book
covered the greatest detail of this and even what the tax implications would be. ie...can the tax be payed with my
next years return or must it be payed now to avoid penalies. One thing I never considered was if I didn't
convert and my income went over the threshold allowed by law to convert, I would lose the opportunity to convert the money in the future.
The book covers investing too but is somewhat limited in that area as it mainly is a book of what the Roth is and what
the laws are regarding it. Basically, the investing part states Grandmas common sense of diversification. All in all a pleasant read on what can be a somewhat boring topic.

Cracking Your Retirement Nest Egg (Without Scrambling Your Finances): 25 Things You Must Know Before You Tap Your 401(k), IRA, or Other Retirement Savings Plan

Average customer rating:

Turtlehut incorrect
Right On Retirement
First thing I read was wrong
Retirement advice you can actually understand
Enter the maze....

Cracking Your Retirement Nest Egg (Without Scrambling Your Finances): 25 Things You Must Know Before You Tap Your 401(k), IRA, or Other Retirement Savings Plan
Margaret A Malaspina , and Margaret A. Malaspina
Manufacturer: Bloomberg Press
ProductGroup: Book
Binding: Hardcover

General | Popular Economics | Business & Investing | Subjects | Books

Public Finance | Economics | Business & Investing | Subjects | Books

General | Personal Finance | Business & Investing | Subjects | Books

Retirement Planning | Personal Finance | Business & Investing | Subjects | Books

Consumer Law | Business | Law | Subjects | Books
Similar Items:

The Retirement Savings Time Bomb...and How to Defuse It
IRAs, 401(k)s & Other Retirement Plans: Taking Your Money Out
You're Retired Now What: Money Skills for a Comfortable Retirement (Wiley Personal Finance Solutions)
Parlay Your IRA into a Family Fortune
Parlay Your IRA into a Family Fortune: 3 EASY STEPS for creating a lifetime supply of tax-deferred, even tax-free, wealth for you and your family

ASIN: 1576601269

Book Description

A former vice-president of Fidelity offers indispensable advice for the millions of baby boomers hitting 50, 55, and beyond. The author of "Don't Die Broke," she focuses on spending and living off retirement savings, while other books are geared towards saving for retirement.

Customer Reviews:

Turtlehut incorrect.......2005-07-29

In Turtlehut's review he/she said social security answer ID277 indicated that certain income was not counted in determining if there was to be an income tax on benefits. That is not correct. That information relates to the earnings limit test,or how much income is counted on which a worker pays fico taxes into the fund. There are people who collect pensions and still work. I should know, I pay income tax all my retirement income including social security and it is punitive. The tax was imposed in l983....thank Ronald Reagan and his revolting congress.

Right On Retirement.......2004-09-18

Geez, I find Tut's review inappropriate. My copy had an errata sheet with a correction for the error that is cited, which is more than I can say for some of the other books I've read on retirement. The book is readable, comprehensive and not too technical. I found answers to a lot of my questions. I particularly liked that I could find the information I needed without reading the whole book. Malaspina seems to know enough about her audience to have anticipated the key issues and organized them from the most basic to the most arcane. My advice: If you are within 5 years of retirement, this book should be on your "must read" list.

First thing I read was wrong.......2004-04-18

I just received this book and thumbing through it read Ohapter 14 on Social Security. On page 141 she that at age 62 you lose $1 in benefits for every $2 in earnings above $11,500 - which is correct. But then she goes on to saying "You can't get around these reductions in benefits by supplementing your Social Security income with withdrawals from your other savings or retirement plans. CAPITAL GAINS, dividends, interest income, and any other withdrawals from your retirement plans or accounts count as income and you fail the test if you push past $11,500 or $30,000 regardless of source."

This seemed wrong to me so I went to the Social Security web site. The SSA says (answer ID 277): "Nonwork sources of income, such as: inheritance payments, pensions, income from investments, IRA distributions, interest, or other sources do not count as wages for the earnings test."

What other errors are there in this book? I don't trust it after 30 minutes of reading, certaintly not to help with my retirement decisions. At least I only lost the cost of the book

Retirement advice you can actually understand.......2003-03-11

I stumbled across this book browsing in my local bookstore and I couldn't believe my eyes. It laid out everything you need to know to retire. It is extremely well-organized and well-written. I gave a copy to my financial advisor and told him I finally understood all the stuff he was trying to explain to me.

Enter the maze...........2003-03-11

This has to be one of the most boring topics in the field of financial advice. The proliferation of retirement savings plans, the maze of regulations, exceptions, and judgement calls that have to be considered by the average retiree is almost numbing. It's boring in the abstract. But it gets your attention when it's your money and future in the balance. Bascially simple rules for accumulating retirement wealth and accessing it continue to evolve like a patchwork quilt. Malaspina is relentless in her efforts to cover the topic and we are the beneficiaries. Chapter 21 treats the issue of company stock held in a retirement plan and how it can receive tax advantaged treatment. Malaspina does an even-handed job of explaining the risks and discusses whether it makes sense to take advantage of this often overlooked opportunity. Information "For Women Only" and non-spousal partners (Chapters 22,23)is dealt with briefly, but it also very useful. One important retiree misconception that does not appear in this book: Many otherwise sophisticated investors facing annual required mandatory minimum withdrawals from their IRA's at 70 1/2 don't realize that assets do not always have to be sold to comply. Many investment assets can be moved 'as they are' into a non-IRA account at market value thus avoiding unnecessary sales charges and the loss of a worthy investment.

Average customer rating:

The Real Estate Ira
John Scavuzzo
Manufacturer: Dodd Mead
ProductGroup: Book
Binding: Hardcover

General | Business & Investing | Subjects | Books

Investments | Real Estate | Business & Investing | Subjects | Books

Civil Procedure | Procedures & Litigation | Law | Subjects | Books

General | Taxation | Law | Subjects | Books

Creating Your Own Retirement Plan: A Guide to Keoghs & IRAs for the Self-Employed

Average customer rating:

Good Overview of Retirement Plans for the Self-Employed
Don't read this book if you have any employees

Creating Your Own Retirement Plan: A Guide to Keoghs & IRAs for the Self-Employed
Twila Slesnick , and John C. Suttle
Manufacturer: Nolo
ProductGroup: Book
Binding: Paperback

General | Business & Investing | Subjects | Books

Retirement Planning | Personal Finance | Business & Investing | Subjects | Books

Entrepreneurship | Small Business & Entrepreneurship | Business & Investing | Subjects | Books

Consumer Law | Business | Law | Subjects | Books
Similar Items:

Beyond 401(k)s for Small Business Owners: A Practical Guide to Incentive, Deferred Compensation, and Retirement Plans
IRAs, 401(k)s & Other Retirement Plans: Taking Your Money Out
Working for Yourself: Law & Taxes for Independent Contractors, Freelancers & Consultants (6th Edition)
Fairmark Guide to the Roth IRA
Retire Rich With Your Self-Directed IRA: What Your Broker & Banker Don't Want You to Know About Managing Your Own Retirement Investments

ASIN: 0873375939

Book Description

People who work for themselves often neglect to plan for their retirement. Yet failing to stash away money and create a nest egg is like ignoring your taxes or keeping poor records. It's financial roulette!

Fortunately, it's not as difficult as you might think to create a homegrown retirement plan. Nolo's new book, Creating Your Own Retirement Plan, provides the straightforward information you need to select, establish and operate a retirement plan.

Written by bestselling authors of IRAs, 401(k)s & Other Retirement Plans, this book discusses the various retirement options for the folks who call themselves boss, including:

* simple IRAs
* SEP IRAs
* traditional IRAs
* Roth IRAs
* profit-sharing plans
* money purchase pension plans
* defined benefit plans
* and more

In plain English, the book explains how to select the best plan, set it up, make contributions, administer the plan, and then -- finally -- receive distributions. The book also covers how to select a plan for any employees you might have.

Filled with sample forms, Creating Your Own Retirement Plan is an essential book for any self-employed individual who doesn't want to play games with her financial future.

Customer Reviews:

Good Overview of Retirement Plans for the Self-Employed.......2006-11-12

This and Twila Slesnick's earlier book "IRAs and Keoghs for the Self-Employed" are the only books that I've found that deal specifically with setting up a retirement plan for sole proprietors. Most books deal with them from the perspective of employees. I found the earlier book to be woefully out of date, because it doesn't address changes that make it easier for business owners to set up their own 401k plan.

In this book, the authors do provide detailed information on 401k plans. In fact, the book devotes a chapter to each type of retirement plan for business. It also includes comparisons for each type of plan to make it easier to decide with one is best for you.

This is highly recommended for sole proprietors that want to set up their own retirement plan. I found it particularly helpful in demystifying how 401k plans work. However, because the book was published in 2002, it doesn't address current changes in the law that will allow after tax contriburtions to a 401k plan. Hopefully, a new edition (or another book on the same subject) is forthcoming from Nolo Press.

Don't read this book if you have any employees.......2002-04-26

I have used Nolo Press books in the past and found them extremely helpful, detailed and precise. So, I was excited to find this title which sounded like it was exactly what I was looking for. And it is just as good as any of the other Nolo Press titles I have seen, so I was very disappointed to find this statement on page 2 of the introduction..."If you have any non-owner employers in your business, this book is not for you." It would have been more helpful if the sample pages had included the introduction, which clearly lays out the intended audience and use of this book. That said, I recommend this to other self-employed people because every option is clearly laid out for your consideration, along with good instructions for taking action on your decisions. It could be called "Retirement Plans for Not-So-Dummies."

Tax planning for Roth IRAs.: An article from: The Tax Adviser

Average customer rating:

Tax planning for Roth IRAs.: An article from: The Tax Adviser
Christine Czekai Bauman , and Jo Lynne Koehn
Manufacturer: American Institute of CPA's
ProductGroup: Book
Binding: Digital

General | Business & Investing | Subjects | Books

General | Personal Finance | Business & Investing | Subjects | Books

Book Description

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on May 1, 2000. The length of the article is 1225 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Tax planning for Roth IRAs.
Author: Christine Czekai Bauman
Publication: The Tax Adviser (Magazine/Journal)
Date: May 1, 2000
Publisher: American Institute of CPA's
Volume: 31 Issue: 5 Page: 290

Distributed by Thomson Gale

Books:

Books