From Publishers Weekly
The title may be unwieldy, but the book is not: Malapsinas modest volume is a simple, straightforward guide to the Byzantine subject of retirement planning. Twenty-five short chapters instruct readers on the basics of plan types, on organizing, withdrawing from, rolling over, avoiding taxes on and investing in plan assets, and on "special situations," such as domestic partnerships, women's retirement, inheritance, company stock and estate planning. Even those who fancy themselves knowledgeable about pensions and defined contribution plans may find new information here. For instance, Malaspina points out that, contrary to popular belief, most large companies in the U.S. still offer traditional, defined benefit retirement plans that reward loyalty and deliver a regular percentage of pre-retirement wages. (The problem is, the modern workforce doesn't stay in one place long enough to maximize these benefits). Designed as a reference rather than a sit-down read, this book is brief and clear. But readers should not misled: retirement rules are frequently convoluted and arcane, and a book is no substitute for a competent attorney or financial planner. But if used as a broad outline to retirement planning issues, Malaspinas volume can serve to highlight important areas for further consideration.
Copyright 2003 Reed Business Information, Inc.
--This text refers to the
Hardcover
edition.
From AudioFile
A vital resource for people structuring their retirement incomes, this audio overlooks nothing. Due to a complicated tax code, there are many rules to consider when tapping into company retirement plans, 401(k)s, IRAs, and other retirement-oriented tax shelters. Wills, trusts, and estates are considered, and the advice is broad enough to be useful to people with a variety of nest egg sizes and circumstances. Though the narration is overly serious--like a disaster documentary--the writing is fresh as it encourages people to be as proactive and open-minded as possible regarding their retirement planning. The issues and pitfalls are more than most people imagine, so time spent with this long but reasonably priced audio will be worth the effort. T.W. © AudioFile 2004, Portland, Maine--
Copyright © AudioFile, Portland, Maine
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