401(k)s & IRAs For Dummies

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From the basics to investing, this guide helps you maximize your 401(k) and IRA in any economic climate. Whether you're setting aside or withdrawing money for retirement, it covers both retirement plans, highlighting their valuable tax benefits and the possibility of contributing to both simultaneously. With practical advice, you'll learn to manage your accounts, minimize investment risk, and maximize returns, making it a win-win for any life stage. Authored by Ted Benna, a leading expert known as the 'father of the 401(k),' this resource keeps you informed about the evolving rules surrounding retirement plans, including updates from the SECURE and CARES Acts, helping you avoid costly mistakes that can lead to higher taxes and penalties. Key topics include tax strategies before and after retirement, required distributions, penalties for early withdrawals, and the implications of death or divorce on retirement plans. It also covers rules for inherited plans, special tax benefits for Roth IRA conversions, and why IRA-based plans may be better for small employers. Whether you're just beginning to consider retirement planning or are nearing retirement, this guide offers valuable insights and practical guidance. Get your copy today!