The Road to FDNY Retirement: A tax & retirement planning guidebook for active and retired FDNY members
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The Road to FDNY Retirement: A tax & retirement planning guidebook for active and retired FDNY members
BOOK DETAIL
Amazon Business : Save 25% off first $200 of business supplies. Register a free business account Paperback: 164 pages Publisher: Thomann Tax & Asset Management Inc (August 11, 2013) Language: English ISBN-10: 0615815006 ISBN-13: 978-0615815008 Product Dimensions: 6 x 0.4 x 9 inches Shipping Weight: 10.7 ounces
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Book Description
The Road to FDNY Retirement: A tax and retirement planning guidebook for active & retired FDNY members is the second book of a series of New York City retirement planning books. The first book of the series, The Road to NYPD Retirement, has been edited to be relevant to FDNY members. Both FDNY & NYPD members face similar retirement planning decisions and often have the same questions regarding their retirement. The Road to FDNY Retirement will provide active, soon-to-retire, and retired FDNY personnel with a working knowledge of retirement planning and an in-depth consideration of important matters, including determining an optimal retirement date, election of final distribution, New York City Deferred Compensation Plan distributions, rollovers, union annuity plan distributions, and tax issues. This straightforward and easy to read guidebook will assist FDNY members in understanding relevant retirement planning issues. Topics include: • FDNY pension calculations based on twenty years of service and beyond; • Analysis of final distribution and rollover choices; • Tax and distribution issues; • IRC 72(t) exception; • Roth IRA; and • Tax planning case study for an accidental disability retiree. Retiring from the FDNY today is very different from thirty years ago. While The Road to FDNY Retirement is not meant to provide all of the answers to the complex decisions facing active and retired members of the FDNY today, it will unquestionably provide a solid understanding of tax and retirement planning issues specific to this community and help ensure a secure and stable foundation for the years to come.
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