The IRA Transformation Plan: Your Step-by-Step Guide to a Tax Free Retirement
by Retirement Lifestyle Advocates,Dennis Tubbergen,Frederick Gearhart,Mark Klipsch
Would You Like to Divorce Yourself From the IRS in Your IRA, 401(k) or Other Retirement Account?The rules and regulations around IRA and 401(k) Retirement Plans have changed frequently since their origins. The fact is, once you understand how the taxes around retirement accounts work, you’ll be a lot less excited about using one or even staying in one.Did you know:-the deduction you receive for contributing to a retirement account is not really a deduction? -that for many taxpayers using or remaining in a retirement account may be one of the most costly decisions they’ll ever make?-that your retirement account is actually a joint investing account with the IRS and the IRS’ ownership share of your account will grow if tax rates increase?-that for some taxpayers the IRS will collect 10 times more in taxes than the taxpayer receives in tax savings for contributing to the plan in the first place?-that it may be possible to eliminate the future tax liability on your retirement account at no net cost to you and your family?-that some taxpayers can transform their existing IRA or other retirement account into a tax free account?“The IRA Transformation Plan” is a step-by-step guide to help you maximize your retirement account.