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Date
Mr. and Mrs. Client
Address
Home town, USA Zip
Dear [Prospective and existing client]:
I'm writing to bring you good news from the IRS!
It may be hard to believe, but it's true. Last year the IRS greatly
simplified the tax rules regarding required distributions from IRAs and
qualified retirement plans. They also changed the rules to reduce the amount
of money required to be distributed from these accounts after the owner
reaches age 70 1/2 or dies.
In April, 2002, the IRS finalized these changes and reduced the required
distribution amounts even further! That means that it may be possible to
reduce your taxable income and keep more money in your account. The
remaining balance in the account has the potential to grow income tax
deferred until it is distributed.
Even better, these reductions are effective immediately! If you are one of
those required to take a distribution from your account this year, it may be
in your best interest to recalculate the size of your required distribution
based on these revised rules. You could reduce your income taxes and keep
more of your account balance growing income tax-deferred.
I will call you next week to set up a time to meet. Positive tax changes
like this don't come along every day and I want to make sure you have an
opportunity to understand the new rules and see if they will benefit you.
I'll be calling you soon.
Sincerely,
[Your Name], [Title]
[Institution]
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