MILLIONS OF AMERICAN COULD BE HIT WITH A 50% TAX ON THEIR RETIREMENT ACCOUNTS

 

Sponsored Promotion by Newsmax Finance - July 22, 2021

Do NOT Withdraw a Dime From Your Retirement Without Reading This First Millions of Americans could be hit with a 50% tax on their retirement accounts . . . Keep reading to see how you can protect yourself. Dear Friend, Everything you worked your entire life for could be in danger. Congress has recently passed a law. Barron's called it "the most sweeping retirement legislations in more than a decade." And Forbes called it a "ticking time bomb." Because millions of Americans are about to walk into a minefield of new tax traps. You could be forced to pay up to a 50% tax on your retirement account without warning. And the 50% tax is just the beginning of all the sneaky traps that Congress has laid out for you in this new legislation. That's why Newsmax has teamed up with IRA expert Ed Slott to distribute FREE copies of his book, The New Retirement Savings Time Bomb. Claim your FREE copy today. Inside Ed's bestselling book, you'll discover: "Uh oh... we owe the IRS now..." Your beneficiaries might be saying this, if you don't read the fine print on your retirement account. But you can protect them from headache and hassle by including this one word... on this one form. Page 5. The 20% tax trap. 1 in 2 Americans make a simple money transfer move every year. But now, this same move could give you a surprise tax bill. But you can avoid this altogether with the simple "triple t" strategy. It's easy to do and it won't sound alarms at the IRS. Page 9. WARNING: What never to do with your IRA. This honest mistake among family members can make every dime taxable and become the kiss of death for your retirement account. See how you can avoid it. Page 11 The sneaky IRS move that could cost you dearly. Did you know that proposed IRS rules – years away from becoming official -- could impact your taxes THIS YEAR? It's true. But you can navigate this gray area easily and avoid big surprises. Page 15. The simple dispute that can cost you $5,000 to $10,000 or more... plus a year of your valuable time! Read this warning before you decide to dispute anything with the IRS. Or even ask them for clarification on issues. Page 16. Everything is spelled out in detail in The New Retirement Savings Time Bomb. Plus, you'll also get Ed's simple solution to sidestep all these traps. With your entire retirement at stake, this is the most important financial book you'll read in your life. Click here to see how you can claim your FREE copy today. Sincerely, Newsmax Finance