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Ernst and Young's Retirement Planning Guide,Special Tax Edition » (REV)

Book cover image of Ernst and Young's Retirement Planning Guide,Special Tax Edition by Ernst & Young

Authors: Ernst & Young, Martin Nissenbaum, Freida Kavouras
ISBN-13: 9780471083382, ISBN-10: 0471083380
Format: Paperback
Publisher: Wiley, John & Sons, Incorporated
Date Published: November 2001
Edition: REV

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Author Biography: Ernst & Young

ERNST & YOUNG LLP is one of the nation's leading professional services firms, providing tax, assurance, and advisory business services to thousands of individuals as well as domestic and global businesses. The firm is the author of the bestselling Ernst & Young Tax Guide, The Ernst & Young Tax Saver's Guide, Ernst & Young's Profit from the New Tax Law, and a wide array of books on business and finance. Visit Ernst & Young's Web site at www.ey.com.

Book Synopsis

Use the New Tax Law to Retire on Your Terms

Are you planning your retirement with the Economic Growth and Tax Relief Reconciliation Act of 2001 in mind? If not, you could be missing out on important changes that could help you build a larger nest egg or even retire early. Drawing on the experience of the nation’s premier tax and financial planners, Ernst & Young’s Retirement Planning Guide, Special Tax Edition shows you how to use the new tax law to plan for a secure future–whether you’re just getting started or on the verge of retirement.

This practical guide highlights key financial and personal issues you need to consider during your pre-retirement and retirement years, including essential information on how the new tax law will affect your retirement.

From guidance on portfolio diversification and Social Security to the new tax rules that will impact IRAs and 401(k) plans, Ernst & Young’s Retirement Planning Guide, Special Tax Edition provides the insight and assistance you need to take advantage of the new tax law and plan for a financially secure future.

  • The effect the new tax law will have on your retirement plan–from pension withdrawals to IRA limits and new tax-deferred plans
  • The latest financial instruments for retirement savings
  • Worksheets, tips, and action items, as well as additional resources, including Web sites
  • Strategies to overcome adverse financial events
  • Wealth-building techniques to help you retire early
  • Practical ideas and easy-to-understand charts and tables

Table of Contents

About the Authorsvii
Acknowledgmentsx
Introductionxi
1Wake-Up Call1
2Will You Have Enough to Retire?11
3Spending37
4Investing47
5Lifestyle75
6Tax-Deferred Savings Plans for Retirement83
7Tax and Plan Distribution Issues99
8Social Security Issues115
9Insurance Issues125
10Personal and Transitional Issues145
11Spending in Retirement169
12Investing in Retirement183
13Alternative Retirement Scenarios and Postretirement Opportunities203
14Retirement Issues Affecting Executives211
15Retirement Issues Affecting the Self-Employed219
16Retirement Issues Affecting Women231
17Retirement Issues Affecting Nontraditional Families245
18Retirement and Technology257
19Health Costs and Care in Retirement265
Appendix ITaxation of Qualified Retirement Plan Distributions279
Appendix IILong-Term Care Insurance293
Appendix IIIThe Ten Standard Medigap Plans298
Index301

Subjects