The Tax Bomb In Your Retirement Accounts: And How The Roth Can Help You Avoid It

by Josh Scandlen

Book Overview

John and Judy are in the 12% tax bracket. But when they took $10k from their IRA they had a 50% tax increase. Why? When John died Judy's income went down by 33% but her taxes went UP Why? Isn't interest on municipal bonds tax free? Then why did it cause John and Judy's taxes to increase? When Judy took out $20k to take her daughter on a cruise it cost her $9,908 in taxes. Yet when Jane did the same it cost her nothing. And they both have $80k in...

• Format: Paperback
• Language: English
• ISBN: 1723234737
• ISBN13: 9781723234736
• Release Date: July 2018
• Publisher: Createspace Independent Publishing Platform
• Length: 78 Pages
• Weight: 0.28 lbs.
• Dimensions: 0.2" x 5.5" x 8.5"