Ebook Download , by Josh Scandlen
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, by Josh Scandlen
Ebook Download , by Josh Scandlen
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Product details
File Size: 301 KB
Print Length: 79 pages
Simultaneous Device Usage: Unlimited
Publication Date: July 15, 2018
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B07FPJWFN9
Text-to-Speech:
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Amazon Best Sellers Rank:
#39,180 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
I took my time going through this book and read several chapters or sections of chapters more than once. Despite the multiple readings I was still able to finish the book in about 90 minutes. In my opinion, what you learn, or re-learn, from spending an hour and a half is worth its weight in gold.An extremely valuable income and estate tax planning tool. I highly recommend Josh Scandlen’s “The Tax Bomb in Your Retirement Account†for workers and taxpayers of all ages.
Pretty much a complete copy of the great Ed Slot book only greatly condensed. Obviously written by a CFP who has watched and read from the Great One...The Father if the stretch IRA.
The book is short and to the point. It shows the future direct and indirect tax consequences of using a traditional IRA vs a Roth IRA, and recommends either purchasing Roth IRAs in the first place, or converting to Roth in low tax years before collecting social security or having to take RMDs from traditional IRAs.
This book was very informative on the advantages of Roth IRA's. It has convinced me to postpone starting Social security until I have converted my traditional IRA to Roth.
Best tax advice in the investment tools 🧰 to have!
Very Helpful. Concise, easy to follow advice.
Reduce income taxes.Eliminate Social Security taxes.Avoid huge Medicare premium increases.Leave a tax-free legacy.I spent years investing in a tax-deferred IRA, like so many others. Every year I got great deductions on my income taxes because of the IRA. Now, with approaching retirement, Uncle Sam is knocking at the door to pay him back.This is the TAX BOMB in my retirement. In the back of my mind, I knew it was coming. The IRS wants those tax deductions back, and more-->higher Medicare payments, taxes on Social security, surviving spouse taxes, and estate/legacy taxes.Josh's book shows the ways to soften or eliminate the future tax bills for me, my wife, and our family. It won't be pain-free though. There could be future costs (converting traditional IRA to Roth, in my case) or preparations and planning (Social Security planning, in my case). But they will drastically minimize the future tax $$$ pain.The book is written clearly with great examples. Each chapter (see the chapter titles in the photos) covers examples of people in tax situations that are easy to grasp, similar to mine. Josh explains the regulations and shows all the math. He uses the new tax bill, TCJA 2017, passed at the end of last year, so everything is current.This book will save me thousands and help give me peace of mind for the future.A must read.
"The YouTube videos peeked my interest and "The Tax Bomb in your retirement account" are a must read for anyone in their 50's.I have talked with numerous Financial Planners, about distribution pitfalls, you are the first to provide a clear and easy to follow examples!Thanks for your passion and education style!
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