The Retirement Tax Bomb: How to Protect Your 401k From Impending Tax Increases And Create a Tax Free Retirement

January 31, 2020 - Comment

The government owns a percentage of your 401K/IRA/403B accounts – and they could increase their ownership whenever they want.Because of the financial shape of our country, I wouldn’t bet on tax rates staying as low as they are today.Luckily, there are actionable strategies you can take today to lower your tax liability in the future.

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(as of April 19, 2020 2:10 pm GMT+0000 - Details)

The government owns a percentage of your 401K/IRA/403B accounts – and they could increase their ownership whenever they want.Because of the financial shape of our country, I wouldn’t bet on tax rates staying as low as they are today.Luckily, there are actionable strategies you can take today to lower your tax liability in the future. And that’s what this book is about.Specifically, here’s what you’ll learn:●You will learn that the balances in your IRA and your 401K are not exactly what you think they will be.●You will learn about the best strategies to protect your money from impending tax increases.●You will learn how to create a tax free retirement.●You will learn the right amounts to have in each type of financial account you have●You will learn how the government is taxing you twice on your social security – and how to avoid that extra tax paymentPlease note: If you want a long, drawn out book, that will bore you to tears and you will never finish, this is NOT the book for you. In the book, I get straight to the point on what problems our country is facing, and what actionable steps you can do to secure your retirement.

Comments

Anonymous says:

Wish I would have read this years ago This is one of those super insightful books that left me feeling like I wish I had it earlier. All that said though, I am very grateful to have come upon it recently. Definitely recommending this to some close friends who I think would also benefit from the content. It is written in a way that I found very accessible for someone who is average on financial savviness. It is also kept me engaged for what could be considered a pretty dry topic. If you’re reading this trying decide whether or not…

Anonymous says:

helped me approach saving for my retirement This book helped me think through ways I can be more strategic on how I approach saving for my retirement. I knew that there were tax advantages for certain types of accounts, but I didn’t know how to put it all together until I read this book. Highly recommend it just for that reason alone.

Anonymous says:

Scott is Amazing!! Scott has a great way of presenting the topic that makes it interesting. We are all affected by taxes so this is a must read for everyone with a 401(K) and who doesn’t want to pay an arm and a leg to Uncle Sam.

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