- ISBN13: 9780979224850
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product DescriptionThis book makes it plain easy to learn how you can get better Roth accounts, including Roth IRAs and Roth accounts in 401k and 403b plans. It helps you determine if a Roth is your best choice, and guides you through all the rules and strategies for the creation, maintenance and use of your account.
Go Roth! 2009: Your Guide To The Roth Ira, Roth 401K And Roth 403B
{ 3 comments… read them below or add one }
Overall, this is a good book. It did contain the basic information you need for deciding whether to move to a Roth IRA or 401K. However,it took some time to determine contribution limits for my IRAs and 401Ks. A chart would have been helpful. My biggest disappointment was that I bought this book to determine how any capital gains would be handled during a Roth IRA rollover. The book sends you to an IRS publication. I bought this book to get an explanation of the IRS publication.
Rating: 3 / 5
This book is an easy read and is timely, which is important in view of changes to the tax laws that will automatically occur in 2010. Mr. Kaye clearly explains all the regulations that pertain to Roth IRAs. and presents the pros and cons of Roth IRAs for investors in different situations. I highly recommend this book for anyone with questions about whether to open a Roth IRA or to convert an existing traditional IRA to a Roth.
Rating: 5 / 5
I knew I would enjoy this book as I am a big fan of the Roth IRA, especially encouraging kid’s to begin their own. It’s not just the tax-free wealth the Roth provides, but also the flexibility of withdrawing contributions in a true emergency, plus the treasure you can pass on to your heirs that make the Roth very exciting!
This book is a winner! It definitely has some technical sections but they are certainly easier to read than the IRS publication. (There are also mathematical sections to demonstrate and back up statements — for those of you might have a “show me the numbers” attitude.)
Perhaps you have already started your Roth because you believe in a tax-free investment. Will this book teach you something new? It seems there is always more to learn when it comes to the Roth IRA. For example: this was the first book I’ve read that has a section devoted to Social Security benefits. Depending on your income, the taxable amount of Social Security benefits can be impacted by your choice of a Traditional or a Roth IRA. There is a lot of discussion on conversions as well, which will help maximize your Roth balance. I honestly can’t imagine anyone reading this book and claiming they learned nothing new.
Go Roth is a book to own, a book to highlight. You cannot just borrow it from the library because you will be using it again and again as your Roth IRA passes through the different possible phases (contributions, conversions, early withdrawals, distributions, or inheritance).
My assumption is that we are all smart enough to start a Roth (once we know what one is), but we still need to be educated on how to handle it, how to maximize it, and how to pass on what we don’t use to our heirs. In addition to the IRS publications, this book will be our little reference guide.
Tracy Foote, Author: The Kid’s ROTH IRA Handbook: Securing Tax-Free Wealth From a Child’s First Paycheck
Rating: 5 / 5