Saving money for retirement can be hard, especially if you are behind or cannot save much. For some people retirement is the last thing on their mind. Just contributing 1% of your salary to retirement savings to start and slowly increasing that contribution can make a big difference over time.
But what happens when you do have a retirement plan? What do you do? Nothing? Think again.
This week Joe talks to Ed Slott. Ed has taught millions of Americans and financial pros how to get the most out of their retirement savings…he is a nationally recognized IRA distribution expert and the author of The New Retirement Savings Time Bomb.
About Ed Slott:
Ed Slott is a nationally recognized IRA distribution expert, professional speaker, television personality, and best-selling author. He is known for his unparalleled ability to turn advanced tax strategies into understandable, actionable and entertaining advice. He has been named “The Best Source for IRA Advice” by The Wall Street Journal, and USA Today wrote, “It would be tough to find anyone who knows more about IRAs than CPA Slott.”
As president and founder of Ed Slott and Company, LLC, the nation’s leading source of accurate, timely IRA expertise and analysis to financial advisors, institutions, consumers and media.
Slott is an accomplished author of many financial and retirement-focused books, including most recently Ed Slott’s Retirement Decisions Guide: 2021 Edition (IRAHelp, 2021) and Fund Your Future: A Tax-Smart Savings Plan in Your 20s and 30s (IRAHelp, 2021). He also hosts the popular website irahelp.com as a resource for financial professionals and consumers, where The Slott Report blog is followed by tens of thousands of readers.
As the go-to resource for media on timely insight on breaking news as it relates to retirement and tax planning laws and strategies, Slott is often quoted in The New York Times, The Wall Street Journal, Forbes, USA Today, Kiplinger, Investor’s Business Daily and numerous additional national magazines and financial publications. He provides a monthly Q&A column to AARP and is also a contributing columnist and media resource to Financial Planning, Financial Advisor and InvestmentNews magazines. He has appeared on many national television and radio programs, including NBC, ABC, CBS,CNBC, CNN, FOX, FOXBUSINESS, NPR, Bloomberg and Morningstar. He has also raised more than $65 million for public television and is one of the top five pledge drivers of all time with his educational specials, including his most recent, “Retire Safe & Secure! with Ed Slott” (2021).
Slott is a Professor of Practice with the American College of Financial Services, where he contributes to the College’s Retirement Income Certified Professional (RICP) program and supports fellow faculty members focused on retirement distribution planning. He is a past Chairman of the New York State Society of CPAs Estate Planning Committee and editor of the IRA planning section of the CPA Journal. He was named a 2020 InvestmentNews Innovator for his significant contribution to helping advisors improve client outcomes and tackle industry challenges as well as the 2020 Sidney Kess Award Winner for excellence in continuing education by the AICPA®. He is also the recipient of the prestigious “Excellence in Estate Planning” and “Outstanding Service” awards presented by The Foundation for Accounting Education. He is a former board member of The Estate Planning Council of New York City and is Accredited Estate Planner (AEP) distinguished.
Ultimately, through all of these efforts combined, Slott has taught millions of Americans and their financial professionals how to get the most out of their retirement savings.
Hosted By: Joe Pardavila