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The Tax Bomb in Your Retirement Accounts

How the Roth IRA Helps You Avoid It (Scandlen Sustainable Wealth Series, Book 2)

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The Tax Bomb in Your Retirement Accounts

De: Josh Scandlen
Narrado por: Amy Barron Smolinski
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John and Judy are in the 12-percent tax bracket. But when they took $10,000 from their IRA, they had a 50 percent tax increase. Why?

When John died, Judy’s income went down by 33 percent, 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 $20,000 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 $80,000 in total income. Why?

When Bob took out $10,000 from his IRA, his taxes tripled. Why?

Why did Bob’s Medicare premiums nearly double when he took out an extra $10,000 from his IRA?

When Jenny, a divorced gas station attendant making $35,000 a year, inherited an IRA from her mom, she lost 25 percent in federal taxes. Why?

In this audiobook, we’re not only going to answer these questions, but we’re also going to show you what you should be doing now to avoid the stealth tax increases retirees face but are ignorant of...until it's too late.

©2018 Josh Scandlen (P)2018 Josh Scandlen
Educación Finanzas Personales Fiscalidad Seguro Planeación fiscal

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For EVERYONE retired or saving for retirement

EVERYONE retired or saving for retirement should read this book. (PERIOD)
The benefits of a ROTH IRA are so overlooked, people miss out on all the tax savings and $ saving, big time!

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Valuable Info

I knew very little about a Roth IRA before listening to this book. I recommend this book to anyone with retirement investments or looking to diversify.

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Not much more than common sense

It’s a short audiobook and I was expecting he would get to the point quickly, but instead it got distracted and rambled about things that aren’t as interesting or relevant. Basically he recommends Roth conversion but gave little details and this audiobook could be way shorter. also watched his YouTube videos which supported my opinions of the audiobook that the author is very short sighted and whines a lot about everything and everyone else. He thinks AI is dead because it uses too much energy? clearly an uninformed person who’s extremely opinionated which is a terrible combination. most of what he talked about retirement finance is just common sense and there are way more pleasant and knowledgeable people to get advice from.

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