 | How Taxation Can Affect Your Retirement Funds
Proper planning may help you avoid this
disastrous situation
* The highest federal estate tax rate is 45 percent in 2007. Taxable estates under $2,000,000 may not be subject to estate tax in 2007. The estate tax is scheduled to be repealed, for one year only, in 2010.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.
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