Retire Tax Free: Avoid the IRA Tax Trap and Win the Retirement Game

Jim Jorgensen

Published by XLIBRIS, 2015
ISBN 10: 1503555402 / ISBN 13: 9781503555402
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Synopsis: In our father's generation, retirement meant a company-paid pension and social security. But most retirees today live off a combination of social security, an employer's 401(k) plan, and other savings like an IRA. But over the next few years that will change. Millions of future retirees will try to get by with benefits based on their past contributions to employer-based retirement plans, any employer matching money they could earn, what social security benefits they can collect, and personal savings they could put aside. Then they could face the prospect of supporting older parents whose cost of care can increase quickly as they become frail and require nursing home care. As a result, an increasing number of people will be forced to go back to work. Not only will they need the money, but within five years of retirement, the dollars they receive from reduced benefits can shrink in purchasing power at the local grocery store. But if they retire early and go back to work before "normal" retirement age, they could lose a big chuck of their social security benefits from the possible earnings limits expected to be set for collecting benefits.

About the Author: Jim Jorgensen has over thirty years' experience working on Wall Street and is a nationally known expert in retirement planning. He is the author of seven books on personal finance and retirement, including The Graying of America. His last book was It's Never Too Late to Get Rich. On the air, he was host of his own weekday program on WOR radio New York, host of Moneytalk on ABC in San Francisco, and host of Jim Jorgensen on Money, a nationally syndicated radio program. Jim is a frequent keynote speaker, and with his years of down-to-earth experience from his television appearances, he interacts with the audience and keeps everyone on the edge of their seats.

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Title: Retire Tax Free: Avoid the IRA Tax Trap and ...
Publisher: XLIBRIS
Publication Date: 2015
Binding: Paperback
Book Condition: Good

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