Customer Reviews

Go Roth! 2009: Your Guide To The Roth Ira, Roth 401K And Roth 403B

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4 star:		(1)
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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.

Before I read GO ROTH!, I was tired of finding a single paragraph on the Roth IRA in other wealth-building books. In GO ROTH! I found all the many reasons why a Roth is a superior IRA for me and would be superior for many investors. I learned why I might wish to convert and how to do it. Equally important to me, I believe the information is reliable, coming from a tax expert. My investment advisers were unable to answer my questions on the Roth IRA, but this book answered them all.

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!

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.

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

I have read both this latest revision as well as the 2004 edition of this book and both times have found it to be an easy to read and understand explanation of the ins-and-outs of the Roth IRA. The latest edition is updated with all of the latest changes to the Roth. Being a financial layman and not very financially savvy even in comparison with my peers, I found this books layout to be well-organized and presented in a manner that one with the least knowledge of finances can understand. It covers the basics of the Roth as well as many details all in one convenient location compared to most of the information that can be found in bits and pieces here and there. I would definitely recommend this book to anyone and has convinced me to start a Roth account ASAP.

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.

All you ever need and want to know about Roth IRA. Lots of examples. However, since rules change almost every year, it may be a bit overwhelming for anyone who is not a tax professional. Also, it's not as entertaining as Ed Slott's books!

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.