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As taxes in America surely increase to compensate for all the dough we owe China, Saudi Arabia and the like for our $12 trillion national debt, it is not unreal to expect that you will personally get to keep about 50% of your retirement savings for retirement. Find out how in today's show.
Find out about the double-whammy taxation that will be placed upon IRAs, 401K's and the like that will see a likely 20 cents on the dollar ever make it to the next generation on funds that are left behind.
Hear from several authorities, Ed Slott (author and "recovering CPA" featured on PBS broadcasts about he IRA Ticking Tax Time Bomb); Douglas Andrew, N.Y. Times best selling author of the "Missed Fortune" financial series; and our own James Johnson, the Southern California affiliate of both of these authorities on today's show.
And find out why the IRAs is turning out to be the best retirement plan Congress ever set up - for THEMSELVES.
Hey, you can protest the politics until you're blue in the face, but what are you doing to take the simple and standard steps you can do to protect your own nest egg, LEGALLY.
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