Product Description

This book makes it easy to learn how to get the most from a Roth IRA. In plain language in covers:

Choices. Deciding whether the Roth IRA is best for you, and where to establish your Roth.

Contributions. How to build wealth for yourself, your spouse, even your child.

Conversions. Determining when and how to convert a traditional IRA to a Roth IRA.

Distributions. How to withdraw money from your Roth IRA without paying tax or penalties.

Strategies. Situations where the Roth IRA can provide special benefits.

This book is your complete, authoritative guide to Roth IRAs, covering all the rules -- and explaining strategies that will help you build and preserve retirement wealth.

Product Details

• Amazon Sales Rank: #793553 in Books
• Published on: 2004-01-15
• Original language: English
• Number of items: 1
• Binding: Paperback
• 234 pages

About the Author
Kaye A. Thomas is author of Consider Your Options, the leading book about how to handle stock options and other forms of equity compensation, and also Capital Gains, Minimal Taxes, a complete guide to tax rules and strategies for people who buy and sell stocks, mutual funds and stock options. He's also the Internet's best known tax explainer, maintaining a highly regarded web site with hundreds of pages of free tax guidance. He graduated cum laude from Harvard Law School in 1980.

Customer Reviews

Good Read, Everything you ever wanted to know about Roth IRA's
After reading this book I felt like I had a very solid knowledge of Roth IRA's and how they work. Ive been a Roth IRA investor/contributor since they became law in 1998. However, one of the areas I struggled with was whether or not to
convert traditional IRA funds to my Roth account. This book
covered the greatest detail of this and even what the tax implications would be. ie...can the tax be payed with my
next years return or must it be payed now to avoid penalies. One thing I never considered was if I didn't
convert and my income went over the threshold allowed by law to convert, I would lose the opportunity to convert the money in the future.
The book covers investing too but is somewhat limited in that area as it mainly is a book of what the Roth is and what
the laws are regarding it. Basically, the investing part states Grandmas common sense of diversification. All in all a pleasant read on what can be a somewhat boring topic.

The most thorough and educational Roth book out there
I have read many books about IRAs as well as the pages of the IRS web page pertaining to Roth IRAs. This book is the best I have read for information on the Roth IRA. It offers the best explanation I have seen of why the Roth is worth more than the traditional IRA for many investors. Not only is it worth more than the traditional IRA but the Roth is also much more flexible than the Traditional IRA. You can use a Roth IRA to buy a house, pay for a child's education, buy a car, really anything you like as long as you withdraw only the contributions. This book will explain the options the Roth allows and you will be able to decide if the Roth is for you.

Too old
In the description of this book it was not mentioned that this is the 2004 edition. It does say so on the cover, if you enlarge the image of the cover.

The laws about Roth IRAs have changed since then. However, up to date info is available on the Fairmark website.