You might be able to muddle through retirement without knowing each and every line of Uncle Sam’s tax code. But you’ll likely give the federal government more than its fair share of your nest egg if you don’t know what William Byrnes, author of National Underwriter’s Tax Facts, calls the big retirement plan tax facts.
Read the USA Today analysis, written by renown financial journalist Robert Powell: “Stretching the retirement savings available for an additional 20 years of life expectancy requires correctly managing the complex retirement taxation rules established by Congress and the IRS,” says Byrnes, who is also associate dean at the Thomas Jefferson School of Law in San Diego, Calif.
The full analysis is available on USA Today at 9 retirement savings tax tips! USA TODAY and USATODAY.com reach a combined seven million readers daily.
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