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New IRAs and How to Make Them Work for You Book

New IRAs and How to Make Them Work for You
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New IRAs and How to Make Them Work for You, Since the 1980s, the Individual Retirement Account (IRA) has become a popular vehicle for Americans to save for life events such as retirement and college. Beginning in 2002, a number of changes to the IRA will occur, including increases in annual contrib, New IRAs and How to Make Them Work for You
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  • New IRAs and How to Make Them Work for You
  • Written by author Neil Downing
  • Published by Kaplan Business, 2002/03/18
  • Since the 1980s, the Individual Retirement Account (IRA) has become a popular vehicle for Americans to save for life events such as retirement and college. Beginning in 2002, a number of changes to the IRA will occur, including increases in annual contrib
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Since the 1980s, the Individual Retirement Account (IRA) has become a popular vehicle for Americans to save for life events such as retirement and college. Beginning in 2002, a number of changes to the IRA will occur, including increases in annual contribution limits, special tax credits for contributions by middle- and lower-income citizens, and new rollover rules for retiring state and local government employees. Award-winning financial writer Neil Downing discusses and explains each of these and other changes in great detail. Readers will learn:
• IRA choices in light of recent Treasury rule and tax law changes
• Expanded opportunities for employer plan rollovers
• Advice for beneficiaries of inherited IRAs
• Updated contribution limits for Roth IRAs
• The latest procedures for withdrawing money from an IRA

Last year's tax-cutting legislation transforms IRAs in ways that will impact millions of Americans for years to come. Downing's new guide is an indispensable, plain-language road map to help investors take advantage of the new rules.

Author Biography: Neil Downing is a certified financial planner (CFP), staff writer, and personal finance columnist for the Providence (Rhode Island) Journal. A three-time winner of National Press Foundation journalism fellowships, he has authored two previous books on IRAs and employee benefits.


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New IRAs and How to Make Them Work for You, Since the 1980s, the Individual Retirement Account (IRA) has become a popular vehicle for Americans to save for life events such as retirement and college. Beginning in 2002, a number of changes to the IRA will occur, including increases in annual contrib, New IRAs and How to Make Them Work for You

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New IRAs and How to Make Them Work for You, Since the 1980s, the Individual Retirement Account (IRA) has become a popular vehicle for Americans to save for life events such as retirement and college. Beginning in 2002, a number of changes to the IRA will occur, including increases in annual contrib, New IRAs and How to Make Them Work for You

New IRAs and How to Make Them Work for You

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New IRAs and How to Make Them Work for You, Since the 1980s, the Individual Retirement Account (IRA) has become a popular vehicle for Americans to save for life events such as retirement and college. Beginning in 2002, a number of changes to the IRA will occur, including increases in annual contrib, New IRAs and How to Make Them Work for You

New IRAs and How to Make Them Work for You

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