Product Description

Seasoned tax professional defines and discusses the Roth IRA in clear easy-to-understand language. Included are many examples and strategies to help individuals make informed decisions on contributing and converting to Roth IRAS. Chapter 5 deals exclusively with converting to a Roth IRA and contains a checklist of 27 items to consider before doing so. Tables, charts, and comparisons aid in helping to understand the qualifications and advantages of the Roth IRA. Learn how to withdraw funds free from tax and penalties. Makes an excellent reference guide. For more information, please visit our web site www.rothira911.com. The New York Times cited this book in an article relating to strategies for reducing an individual's adjusted gross income in order to qualify for converting to a Roth IRA. "a layman's guide to the Roth IRA" --CBS MarketWatch.com "highly recommended reading for anyone seeking to maximize their available funds and minimize their liabilities upon retirement" --Midwest Book Review

Product Details

• Amazon Sales Rank: #1596124 in Books
• Published on: 1998-12
• Original language: English
• Number of items: 1
• Binding: Paperback
• 165 pages

About the Author
Gary R. Trock is an enrolled agent and experienced tax accountant. He successfully started his own bookkeeping-accounting/tax practice in 1980 and continues to practice in the area of income taxes for individuals and small business corporations. Trock has a keen insight for getting individuals the best tax breaks and benefits. He has represented numerous small businesses and individuals in IRS audits and appeals proceedings. In addition, he offers tax, financial, and retirement planning to his clients.

Customer Reviews

Great tables to evaluate whether Roth or Traditional is best
I bought this book to help me prepare for seminars I presented on the Roth IRA. It gave a clear understanding of the rules for Roth contributions, but its greatest strength was the tables that let one compare the future benefits of Roth/Traditional IRA based on current and future tax brackets, rates of return, as well as present age. Another feature was dealing with the future value of what Gary calls "Opportunity Costs" when considering a conversion from traditional IRAs to Roth Conversion. Opportunity costs is the future value of the money that needs to be paid to the government when the IRA is converted. Again, current and future tax brackets, age, and rates of return are clearly presented. A must for anyone who really wants to get a grasp on the numbers and not just skim along the surface.

Finally a book that makes sense!
Finally, a source for some interesting considerations to take into account, before jumping head first, into a Roth IRA conversion. This book was very informative about the process of conversion into a roth IRA. The author was very intresting and easy to understand. I would recommend this book for anyone that is concernd with there investments for there retirement future.

Meh
I think there are better books out there for someone who is just looking for general information. This goes into a lot of detail for those who want to know all about the inner working of a Roth IRA. I purchased Suze Orman's book that is more generalized and has higher-level information that I was looking for.