The Complete Idiot's Guide to Protecting Your 401 (k) and IRA

by Jennifer Lane, Bill Lane

No need to panic.

Written by financial experts, this essential guide tells investors how to keep their investments safe in this difficult economy. Readers will discover how economic upswings and downturns affect investment plans-and what can be done to anticipate these trends; changes in investment rules and guidelines and their impact on 401(k)s and IRAs; and how to identify the proper investment decisions for their needs.

*On NPR's March 7, 2008, broadcast of All Things Considered , discussion centered on new weaknesses in the economy, and quite a bit of time was devoted to a story on how to protect your 401(k)
*In 2000, 40 million 401(k) participants had an average account balance of about $50,000 and total assets of $2 trillion

256 pages, Paperback

First published February 11, 2009

About the author

Librarian Note: There is more than one author in the Goodreads database with this name.

Reviews

[Lada · Rating 4 out of 5]

Full of rather detailed advice, especially if you make it to the later chapters that have e.g. tax implications of handling inherited IRAs in different ways, or Medicaid, assets and planning for long term care.

[Shawn · Rating 5 out of 5]

This was a library book published in 2009 but almost all the information is still relevant. I do hope they update this book, even if they just release it digitally.

This book offers greater breath of wealth creation and protection than the other financial books I have read and had a lot of really great information and resources. Their web resources were particularly good.

In addition to some of the normal starter investor information, the book had information on the importance of health insurance (with some policy advice), long term care insurance, disability insurance, and asset allocation.