J.K. Lasser's How to Pay Less Tax on Your Retirement Savings (J. K. Lasser's How to Protect Your Retirement Savings from the IRS) [Paperback]

Seymour Goldberg (Author)

Book Description

Series: J. K. Lasser's How to Protect Your Retirement Savings from the IRS | Publication Date: December 1997

A must for anyone planning to take money out of their IRA or company plan -- from the most trusted name in tax guides

As they approach retirement, millions of Americans are discovering that their IRAs and other retirement plans are subject to tax rules -- so bewildering even CPAs don't understand them! Yet failure to comply with these IRS regulations can have dire consequences when money is taken out from their plan. This one-of-a-kind guide explains how to plan ahead to minimize taxes on future distributions. Now revised to include the latest tax law changes. Features include:
-- Easy-to-follow question-and-answer format
-- Complete coverage of IRA, Keogh plan, 401(k) plan and 403(b) plan distribution rules
-- Planning steps to limit taxes on retirement fund payouts
-- Estate-planning strategies to protect heirs' financial security

Editorial Reviews

From the Back Cover

Don't let taxes rob you of your retirement savings. Let tax expert Seymour Goldberg show you how to get - and keep - the most from your retirement accounts.

You've worked your whole life to save and plan for your retirement. Why pay the government more in taxes from your IRA, 401(k), or self-employment plan than you have to? This book can save you and your family thousands of dollars in taxes.

This volume will help you: Make tax-free withdrawals from your Roth IRA Take out money without penalty before age 59 1/2 from an IRA or employer retirement plan Understand and take advantage of the minimum distribution rules Plan your estate to maximize retirement plan growth for your heirs

Additionally, sample election forms are included for designating beneficiaries and choosing distribution methods. --This text refers to an out of print or unavailable edition of this title.

About the Author

Seymour Goldberg, CPA, MBA, JD, is a senior partner in the law firm of Goldberg & Goldberg, P.C., in Garden City, New York, and professor emeritus at Long Island University. He has written and lectured on estate planing, retirement planning, and taxation for more than thirty years, and has advised thousands of taxpayers and tax professionals. He was formerly associated with the Internal Revenue Service in the audit, fraud, and appeals office. --This text refers to an out of print or unavailable edition of this title.

Product Details

• Paperback: 230 pages
• Publisher: Macmillan General Reference; 2nd edition (December 1997)
• Language: English
• ISBN-10: 0028619994
• ISBN-13: 978-0028619996
• Product Dimensions: 9 x 7.3 x 0.6 inches
• Shipping Weight: 12 ounces
• Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #6,613,751 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

11 of 13 people found the following review helpful:

5.0 out of 5 stars Must reading for an IRA owner turning 70 this year, July 20, 1998

By A Customer

This review is from: J.K. Lasser's How to Pay Less Tax on Your Retirement Savings (J. K. Lasser's How to Protect Your Retirement Savings from the IRS) (Paperback)

Seynour Goldberg takes the reader though all the intricicies of a complicated subject and provides the information necessary to make an informed decision. The pluses and minuses of single vs joint life expectancy and term certain vs recalculation are clearly defined for the IRA owner who must make decisions regarding required minimum distributions upon reaching 70 1/2 years of age.

5 of 6 people found the following review helpful:

5.0 out of 5 stars Excellent Information, March 18, 2000

By A Customer

This review is from: J.K. Lasser's How to Protect Your Retirement Savings from the IRS, Third Edition (Hardcover)

As always with Seymour Goldberg, the information is outstanding. I don't like the question and answer format, which I feel is an inefficient way to convey information, but others might love it. It is very difficult to acquire comprehensive information on IRA distributions and this is a very good source.

2 of 2 people found the following review helpful:

5.0 out of 5 stars Excellent but not current, February 12, 2002

By 

"ejmoore12" (Oakland, CA USA) - See all my reviews

This review is from: J.K. Lasser's How to Protect Your Retirement Savings from the IRS, Third Edition (Hardcover)

This was an excellent book and gave me a very good understanding of distributions rules prior to January 1, 2001; however, the laws have since changed and I would not buy this book today. Much of the rules explained here are still the same, but you would have to know the material you are supposedly buying this book to learn in order to know the difference. If a new edition came out, I would buy it.