Paying the Piper: 7 Tax Traps Hidden in Your 401k & IRA…and Strategies For Planning Your Escape by Craig Wear
If you do what you’re taught, you save for retirement inside your workplace 401k plan. Unfortunately, what you may not understand is that you’re creating a costly monster. You may be subject to lifetime income taxes in excess of eighty percent of the balance of your account. This book uncovers the reasons that cause these ongoing taxes and reveals specific strategies that allow you to take immediate action. The newest changes in our tax codes have created an unparalleled opportunity to save a lot of money for the rest of your life. The purpose of the book is to teach you simple steps that can be implemented to save literally hundreds of thousands of dollars of income taxes.
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Author Bio:
After a thirty-two year career as an independent financial adviser, Craig sold his practice and focuses his experiences and efforts toward alerting American savers of the large tax obligations that are built in to their retirement accounts. This birthed his book Your Hidden Taxes and a supporting online education course, Escaping the Tax Traps.
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