New CCH Book Shows Professionals How To Make The Most Of Roth, Traditional, IRAs
(RIVERWOODS, ILL., September 23, 2002) ó With the
passage of the Economic Growth
and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the IRSí
issuance of new regulations on mandatory withdrawals, there are
greater opportunities than ever before to meet retirement and other
needs through IRAs, according to CCH INCORPORATED (CCH), a leading
provider of pension, tax and human
resources law information. Saving
for the Future: Roth and Traditional IRAs,
by Nicholas Kaster, JD and Glenn Sulzer, JD meets the needs of
professionals who want to make the most of these new opportunities for
their clients ($96.95, 574 pages). To order, call 1-800-248-3248 or
visit the CCH Online Store at onlinestore.cch.com.
"The law now makes it possible for people to save more for
retirement and educational expenses, to easily transfer assets between
different types of plans and to lessen taxes in their retirement years
by taking smaller mandatory withdrawals. But, the rules are complex
and many provisions are phased in over a number of years," said
"Saving for the Future is a comprehensive guide for
professionals who set up and maintain IRAs and who need to advise
their clients on how to navigate the complex and ever-changing tax
rules for these accounts," he added.
Traditional, Roth and More
Saving for the Future explains in easy-to-understand language
how to establish a Roth and traditional IRA, the rules for
contributing to and taking distributions from a Roth and traditional
IRA, and the consequences of converting a traditional IRA to a Roth
IRA. Numerous examples and planning pointers are used throughout to
illustrate the rules.
The book also provides a concise explanation of the rules for
establishing and maintaining SIMPLE IRAs and simplified employee
pensions (SEPs), two types of employer-sponsored plans that utilize
the IRA vehicle to fund benefits. The major changes brought about
under EGTRRA had a sizable impact on these plans as well.
To round out the discussion, Saving for the Future details
new opportunities to save for college costs. Both Coverdell education
savings accounts (formerly known as Education IRAs) and "Section
529" qualified tuition plans allow tax-favored savings for
education expenses, and both programs were expanded under recent
The full text of relevant provisions of the Internal Revenue Code,
IRS regulations, rulings and official forms that are needed to comply
with the various tax rules are included as appendices. By combining
expert explanations with official documents, Saving
for the Future is useful
for both the novice and seasoned professional.
About the Authors
Nicholas Kaster is senior analyst for the CCH Pension Plan Guide
and is a contributing editor to CCHís annually published U.S.
Master Pension Guide. Kasterís previous books include Roth
IRAs After the 1998 Tax Law Changes and A Guide to SIMPLE
Plans. An attorney, Kaster is considered one of the countryís
most noted experts on Roth IRAs.
Glenn Sulzer is an attorney and senior analyst specializing in
retirement plans. Sulzer authored Working with 401(k) Plans and
developed the CCH Guide to 401(k) Plans, which he edits. He
also is a leading contributor to the CCH Pension Plan Guide and
the U.S. Master Pension Guide.
Availability and Pricing
For more information or to order the 574-page Saving for the
Future: Roth and Traditional IRAs, contact CCH at 1-800-248-3248
or visit the CCH Online Store at onlinestore.cch.com.
Single copy price is $96.95 plus applicable tax, shipping and
handling. Quantity discounts and school adoption pricing are
About CCH INCORPORATED
CCH INCORPORATED, headquartered in Riverwoods, Ill., was
founded in 1913 and has served four generations of business
professionals and their clients. The company produces more than 700
electronic and print products for the tax, legal, securities,
insurance, human resources, health care and small business markets.
CCH is a wholly owned subsidiary of Wolters Kluwer North America. The
CCH web site can be accessed at cch.com.
The CCH human resources web site can be accessed at hr.cch.com.
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Editorís Note: Members of the media who would like a
complimentary review copy of Saving for the Future: Roth and
Traditional IRAs may contact Leslie Bonacum at (847)
267-7153 or firstname.lastname@example.org.