Your IRA could be hit with taxes totaling as much as 70% at your death!

    You may have worked hard to secure your retirement years. But if you're not careful, your IRA could be hit with taxes totaling as much as 70% at your death!

    While tax laws encourage the building of a nice nest egg, laws are also in place that are designed to recoup the tax benefits afforded while the fund was being built.

    For example, if your IRA is valued at $1.2 million at your death, the total estate and applicable income taxes on the fund could equal as much as $750,000!     Now that's a real tax-trap! And if you view your IRA (or other Qualified Plan) as a part of your children's inheritance, it can seriously damage your objectives.

    However, with some careful planning it is possible to avoid this trap. And, if your intentions include provisions for HospiceCare of Southeast Florida, Inc., a realization of the possibilities can insure that the shrinkage is minimal.

    For information on plans which will maximize your estate's assets and meet your objectives, we invite you to write or call, Paul Keefe, Planned Giving Officer at 954-467-7423 or contact by email at pkeefe@hospicecareflorida.org.