Ed Slott's Retirement Book Revised to Reflect the New Tax Laws

By: Mar. 15, 2018
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Ed Slott's Retirement Book Revised to Reflect the New Tax Laws

NEW YORK, March 15, 2018 /PRNewswire/ The 2018 edition of"Ed Slott's Retirement Decisions Guide," a book by Ed Slott, CPA, a nationally recognized IRA expert, founder of Ed Slott and Company and creator of irahelp.com, has been revised to incorporate information about the new tax laws implemented following the passage of the Tax Cuts and Jobs Act. The book, which is available for sale at irahelp.com and Amazon, is an educational guide for both consumers and financial professionals that walks readers through IRA planning basics, the saving secrets of wealthy retirees and the how-tos of protecting a nest egg.

"When purchasing a book to help guide your finances, you need to choose one that has the most relevant, up-to-date information so that you can make well-informed decisions," said Slott. "The newest edition of my 'Retirement Decisions Guide' provides readers with the most current information available, including the impact the new tax laws will have on retirement accounts, so that they can make the best decisions about their financial future."

"Ed Slott's Retirement Decisions Guide"
The 2018 edition of "Ed Slott's Retirement Decisions Guide" is an educational guide for both consumers and financial professionals that demonstrates 125 ways to save and stretch wealth to build and protect a family fortune. A safe and secure retirement begins with foundational knowledge that can be used to choose the best financial advisor, ask the right questions and take a proactive role in retirement planning. This guide includes income and IRA contribution limits, detailed advice on required minimum distributions (RMDs), Social Security and Medicare strategies as well as a 2018 update with information on the new tax laws implemented under the Tax Cuts and Jobs Act.

The recent overhaul of the tax code has resulted in several changes to tax and retirement planning strategies. The 2018 edition of "Ed Slott's Retirement Decisions Guide" contains information on these changes and advice for adjusting your retirement plan accordingly, including:

  • An overview of the 2018 tax rates for individuals and married couples, capital gains tax brackets, trust tax rates and estate and gift exemption amounts
  • The elimination of several key deductions, including advisory fees and the ability to claim a loss on an IRA
  • Insight on why Roth IRA conversions and qualified charitable distributions (QCDs) are more desirable than ever
  • Details on how tax reform can impact your estate plan, including the doubling of the estate, gift and generation skipping tax exemptions
  • The expansion of 529 plans to allow for distributions to be used for public, private or religious primary or secondary school costs
  • Key strategies that were preserved, including the stretch IRA, back-door Roth IRA and the ability to make pre-tax salary deferrals to 401(k) plans

"Fund Your Future: A Tax-Smart Savings Plan in Your 20s and 30s"
"Fund Your Future: A Tax-Smart Savings Plan in Your 20s and 30s," another book by Slott, has also been updated for 2018. This book provides a tax-smart savings plan for recent college graduates, young professionals, those just starting a family and individuals in their early savings years who are determined to take ownership of their financial well-being. It details how to create a savings blueprint, contribute to savings vehicles, convert tax-deferred assets to tax-free territory and build a team of financial professionals that work for you. "Fund Your Future: A Tax-Smart Savings Plan in Your 20s and 30s" is for sale at irahelp.com and Amazon.

ABOUT ED SLOTT AND COMPANY, LLC: Ed Slott and Company, LLC is the nation's leading provider of technical IRA education for financial advisors, CPAs and attorneys. Slott is a nationally recognized IRA distribution expert, bestselling author and professional speaker, and he has hosted several public television specials, including his latest, "Retire Safe and Secure! with Ed Slott." Slott is the creator of Ed Slott's Elite IRA Advisor Group SM, a prestigious ongoing study group for serious financial professionals who are dedicated to the mastery of advanced retirement account and tax planning laws and strategies. Visit irahelp.com for more information.

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SOURCE Ed Slott and Company, LLC

Ed Slott's Retirement Book Revised to Reflect the New Tax Laws

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