Your session will expire automatically in 0 seconds.
LEADER 00000cam 22000004a 4500
008 020820s2003 nju 001 0 engs
020 1576601269|qalkaline paper
050 00 HD7105.45.U6|bM32 2003
082 00 332.024/01|221
100 1 Malaspina, Margaret A.,|d1944-
245 10 Cracking your retirement nest egg (without scrambling your
finances) :|b25 things you must know before you tap your
401(k), ira, or other retirement savings plan /|cMargaret
246 3 Twenty five things you must know before you tap your
401(k), ira, or other retirement savings plan
246 30 25 things you must know before you tap your 401(k), ira,
or other retirement savings plan
264 1 Princeton, NJ :|bBloomberg Press,|c2003.
300 217 pages ;|c24 cm
500 Includes index.
505 0 Introduction : get your exit strategy ready. Understanding
the basics -- Cast your retirement savings into the right
role. Decide whether your primary goal is to generate
income from your retirement savings or to preserve as much
of its value as you can for the next generation -- Know
the facts about your pension and retirement savings plans.
It's easier to maximize your income, lower your taxes, and
avoid penalties if you understand your pension and
retirement savings plans. Get the essentials in order --
When to get started-and how. Give yourself two to five
years to put your investment strategy in place, six months
to one year to get paperwork in order -- Organization,
consolidation, and paperwork. You need a "back-office"
plan to make your job easy and convenient -- How to choose,
change, and keep track of your beneficiaries. Your
beneficiary form is the will for your retirement account.
Keep it in a safe place. Types of retirement plans -- Your
workplace pension plan. Think about your goals and your
skills before you choose how you want to take retirement
income from a pension plan -- Individual retirement
savings accounts. Even if you have never had an IRA,
chances are there could be one in your future -- Small
business retirement savings plans. Similar rules, but
fewer protections, apply to small business retirement
plans. Know the rules for rollovers and withdrawals --
Rollovers and withdrawal options for
505 0 How to Create Your Income Strategy. Limit your first
withdrawal to 3 percent to 5 percent and raise the dollar
amount you withdraw to keep up with inflation -- When an
annuity makes sense. An annuity can guarantee you income
for life, but costs and health of the issuer vary widely -
- When a Roth IRA conversion makes sense. It's a great,
tax-savvy way to pass on wealth to your heirs. But the
window of opportunity for conversion may be small -- When
you don't need your retirement savings for income. You
need a special strategy to maximize wealth transfer and
minimize taxes. Special Situations -- Early withdrawals
from your retirement savings. You can get around the 10
percent penalty tax -- Company stock in your retirement
accounts. You could reduce your tax bill by about a third
on this asset, a very good deal if the stock has
appreciated strongly -- For women only. Women fall behind
during their retirement savings years and need strategies
to catch up because they live longer than men -- When your
partner is not your spouse. A domestic partnership
agreement affords protection when you are separated by
death -- When you inherit retirement assets. Two
imperatives : preserve the tax-deferred growth, and don't
touch a penny until you know the rules -- Your retirement
assets as part of your estate. A proper beneficiary form
is essential, and a trust may help you accomplish special
650 0 Pension trusts|zUnited States.
650 0 Pension trusts|xTaxation|zUnited States.
650 0 Pension trusts|xLaw and legislation|zUnited States.
650 0 Old age pensions|zUnited States.
650 0 Old age pensions|xTaxation|zUnited States.
650 0 Old age pensions|xLaw and legislation|zUnited States.
650 0 Social security|zUnited States.
650 0 Retirement income|zUnited States.
650 0 Finance, Personal|zUnited States.
938 Baker & Taylor|bBKTY|c24.95|d18.71|i1576601269|n0003981580
938 Baker and Taylor|bBTCP|n2002013470
938 YBP Library Services|bYANK|n1902508