Last year, the Wall Street Journal Reported: …there is a precedent when it comes to taxing those who have saved what lawmakers think of as “excessive.” From 1987 to 1997 they imposed a 15% excise tax on annual retirement-plan distributions over $150,000. The tax applied even if other rules forced the account holder to withdraw [...]
"After having read your site, and talking with you in private, you made everything really easy to follow." - Onisha Williams, Philadelphia, PA
-
-
Get Financial Coaching
Expert help for
your financial and
investing needs!Click bellow to order 1 hour of Financial Couching and I'll schedule a phone call with you.
-
Categories
-
Recent Articles
- Gold vs Investments
- Lowering Your Insurance Premiums By Buying Insurance To Cover Catastrophes
- Where Should You Invest Your Money?
- Is Investing Right For You?
- Are You In Control Of Your Investments?
- 401(k) Breakdown: An Incentive For What?
- What Makes A Good Deal Good?
- The Immorality Of Government Medicine
- Now Or Later: Saving Without Sacrifice
- Retirement Calculators Have Their Limits
Copyright © 2011 Twin Tier Financial. All Rights Reserved.
Material presented on this website is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individualized & professional advice.