CPA2010
Oct 27, 2010, 07:04 AM
I'm in my 60's and will be retiring from insurance agency. I have set aside a portion of deferred compensation and extended earnings which I can elect to have paid out in 3-10 year periods on form 1099m. My question is how I can avoid the large taxes on these earnings if I chose the 3 year period schedule? Am I eligible for SEP, 401K, 403B, 457?
What are the options to limit my taxes and save for my family?
What are the options to limit my taxes and save for my family?