Friday, Sep 7, 2012
Research on retirement withdrawal strategies is featured in Kiplinger鈥檚 Retirement Report and on Kiplinger.com.
by Meaghan Haugh
In the September issue of Kiplinger鈥檚 Retirement Report, 天美传媒官网 faculty members Al Sumutka, CPA, associate professor of Accounting, and Dr. Lewis Coopersmith, associate professor of Management Sciences, share new strategies of tapping into retirement savings.
Instead of following the traditional advice of withdrawing savings from taxable accounts, Sumutka and Coopersmith explain how withdrawing from traditional IRAs might keep one in a lower tax bracket and increase wealth over time. Read .
Sumutka and Coopersmith created a comprehensive tax model in order to produce 15 different retirement withdrawal strategies. Their research was initially published in the April 2012 issue of the Journal of Financial Planning.
Sumutka publishes primarily in the area of taxation and his research has appeared in The Journal of Financial Planning, The Journal of Accountancy, The Tax Adviser, Taxation for Accountants and The CPA Journal. Coopersmith鈥檚 research has appeared in Journal of International Business and Economy and Journal of Financial Planning. He has presented at various conferences, and provides consulting to industry and government on forecasting and market dynamics.