Can You Identify One of the Greatest Breaks in the Tax - TopicsExpress

Can You Identify One of the Greatest Breaks in the Tax Code? Everyone must pay their share of taxes but there is no law or regulation that says you need to pay more than your share! One of the greatest tax breaks available to Americans is not a secret deduction or obscure credit hidden in the voluminous U.S. Tax Code. Have you inherited or will you inherit a retirement plan? Do you have your own IRA, 401(k) or similar retirement plan? Have you taken the time to make your retirement accounts Multi-Generational? A Multi-Generational plan is not a product - it is a strategy. The U.S. government has given Americans a great opportunity in the form of tax-deferred (and in some cases tax-free) growth on certain retirement accounts. Multi-Generational planning is a powerful strategy that may substantially benefit you as well as your beneficiaries and can result in substantial tax-deferred distributions. If you have a Roth IRA or 401(k), distributions may be tax-free for both you and your heirs.

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