According to the Employee Benefit Research Institute, $23.7 Trillion is the amount of money that Americans have saved in qualified retirement plans. These include IRA, 401k and 403b plans, etc. Many Americans use these plans to save for their retirement, and perhaps you do as well. And why wouldn't you?During your working years, these types of plans represent a terrific way to save for your future. You receive a tax deduction (typically) when you invest, your money grows tax-deferred, and you can often set it up to automatically draft deposits straight from your paycheck.However, you also need to understand that these accounts come with strings attached. And if you pull the wrong string, you can end up unintentionally owing thousands of dollar to the IRS in unexpected taxes, and even penalties.DON'T make that mistake!I have put this booklet together utilizing the terrific resources available from Ed Slott and his Master Elite Advisor program to help you make good decisions with your retirement plans.