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How taxation can affect your retirement funds

Proper planning may help you avoid this disastrous situation

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* The highest federal estate tax rate is 45 percent in 2009. Taxable estates under $3.5 million may not be subject to estate tax in 2009. The estate tax is scheduled to be repealed, for one year only, in 2010.

** If estate tax is paid on retirement funds, an income tax deduction is allowed for the amount of estate tax paid.

Comments (2)

Roberto

12:28pm on Sep 23, 2010

How does this happen? I don\'\'t understand.

Flag as innappropriate

Ron

10:29pm on Sep 29, 2010

How does this happen? I don\'\'t understand.

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