{"product_id":"the-roth-revolution-pay-taxes-once-and-never-again-9781600378577","title":"The Roth Revolution: Pay Taxes Once and Never","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eIn essence, a Roth IRA conversion requires paying taxes on the portion of your IRA or 401(k) that you convert, but then that money can grow income tax-free for the rest of your, your spouse’s, your children's and grandchildren's lives. The advantage of a tax-savvy long term Roth IRA conversion is often measured in the millions. The real eye-opener, however, is that Roth IRA conversions are great for older IRA owners, regardless of the benefits to future generations.  \u003cbr\u003e \"The Roth Revolution\" addresses the following topics clearly and objectively:  \u003cbr\u003e * Whether, how much, and when to convert\u003cbr\u003e * Costs and benefits of a Roth IRA conversion\u003cbr\u003e * Advice for taxpayers in each income tax bracket\u003cbr\u003e * The impact of future tax increases\u003cbr\u003e * Synergy of delaying (or returning) Social Security and Roth IRA conversions\u003cbr\u003e * Combining charitable gifts and Roth IRA conversions\u003cbr\u003e * Tax-free conversions of after-tax dollars in IRAs and retirement plans\u003cbr\u003e * Converting and recharacterizing strategies\u003cbr\u003e\u003cbr\u003e You may be asking, “Who in their right mind would pay taxes before they have to?”  The answer is James Lange and thousands of his readers and clients, all the top IRA experts, and after reading \"The Roth Revolution\", hopefully you too.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e“There are few advisors as IRA-knowledgeable as Jim Lange. \"The Roth Revolution\" is chock full of creative Roth IRA planning ideas to help every client.”\u003cbr\u003e -- Natalie Choate, Esq. Author, Life and Death Planning for Retirement Benefits (6th Edition)\u003cbr\u003e\u003cbr\u003e \"In The Roth Revolution, Jim clearly explains the remarkable advantages of Roth IRAs and their role in estate planning.  Everyone considering conversions of traditional IRAs to Roths should read this book.”\u003cbr\u003e -- Burton G. Malkiel, Princeton University, Professor of Economics. Author, A Random Walk Down Wall Street (Tenth Edition)\u003cbr\u003e\u003cbr\u003e “Looking to protect your money? Read Jim Lange’s The Roth Revolution—and you could make your financial life a whole lot less taxing.”\u003cbr\u003e         Jonathan Clements\u003cbr\u003e         Author, The Little Book of Main Street Money\u003cbr\u003e         Former Personal Finance Colomnist, The Wall Street Journal\u003cbr\u003e\u003cbr\u003e “An amazing, comprehensive explanation of the hows and whys of Roth IRAs with real life examples unlocked by Jim Lange who has set a new standard in retirement tax planning.”\u003cbr\u003e         Diane McCurdy, CFP\u003cbr\u003e         Best-Selling Author of How Much is Enough?”\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eWhat’s New\u003cbr\u003e     New Tax Law #1\u003cbr\u003e     New Tax Law # 2\u003cbr\u003e     New Tax Law # 3\u003cbr\u003e     New Tax Law #4\u003cbr\u003e     New Tax Law #5\u003cbr\u003e     Oldies but Goodies, Classic Concepts Regarding Roth IRA Conversions\u003cbr\u003e Special Notes to the Reader Regarding Several Technical Issues\u003cbr\u003e     The Use of the Phrase “Measured in Purchasing Power”\u003cbr\u003e     Journalistic Accuracy Comment\u003cbr\u003e     Investment Rate\u003cbr\u003e Topics that are Not Covered in The Roth Revolution\u003cbr\u003e     Roth IRA Conversions and Non-traditional Investments\u003cbr\u003e     Planning for Long-Term Care\u003cbr\u003e Chapter One    : Roth IRA Conversions and the Dream of Tax-Free Income for Generations\u003cbr\u003e     A Quick Review of Traditional Tax Planning\u003cbr\u003e     The Roth IRA Conversion Rationale\u003cbr\u003e     The Secret--Measuring Wealth Using Purchasing Power Instead of Total Dollars\u003cbr\u003e     The Simple Math (Arithmetic) Behind the Secret\u003cbr\u003e Chapter Two: Measuring the Benefits of a Roth IRA Conversion\u003cbr\u003e     Measuring the Benefits of Your Roth IRA Conversion for your Children and Grandchildren    Why You Will Likely Die with a Roth IRA\u003cbr\u003e     The Unique Features of an Inherited Roth IRA\u003cbr\u003e     What Happens if You Die and Leave Your Roth IRA to the Next Generation?\u003cbr\u003e Chapter Three: Measuring the Benefits of Roth IRA Conversions in Light Of Two New Tax Increases    Children of High Income IRA Owners\u003cbr\u003e     The Benefits of Roth IRA Conversions to the Third Generation of High-Income Taxpayers    Are these Pie in the Sky Projections of the True Value of a Roth IRA Conversion to Your Family?    Summary of New Effective Tax Rates Comparing 2010 with 2011 Rates and 2013 when Health Care Reform Takes Effect\u003cbr\u003e     The Benefits of a One-Million-Dollar Conversion\u003cbr\u003e     The Next Generation of a High Income Tax Bracket Family Converting $1M    The Benefits to the Grandchildren of Mr. Roth IRAs $1M Conversion\u003cbr\u003e     The Reduced Estate and Inheritance Taxes Associated with a Roth IRA Conversion\u003cbr\u003e Chapter Four: A Deathbed Roth IRA Conversion Story\u003cbr\u003e Chapter Five    : My Roth IRA Conversion Story: How I Got Started with Roth IRA Conversions    My Roth IRA Conversion Story\u003cbr\u003e     A Roth IRA Conversion Douses the Impact of a Devastating Fire\u003cbr\u003e     Subsequent Events    \u003cbr\u003e Chapter Six: The Three Buckets of Money Story\u003cbr\u003e Chapter Seven: Typical Roth IRA Conversion Advice: It Is Not Usually Advantageous to Convert the Entire IRA    2010 Tax Rates for Married Filing Jointly\u003cbr\u003e     What Happens if Your (or Your Heirs’) Tax Rate Will Change?\u003cbr\u003e     A Surprising Pattern of Over-Converting if You are Over 70\u003cbr\u003e     The General Concern about Raising Tax Rates\u003cbr\u003e     What About Changes in the Tax Law that Could Make a Roth IRA Conversion Disadvantageous?\u003cbr\u003e     What if You Don’t Have the Money to Pay the Tax on the Conversion from Outside the IRA?    Illustration of the Extreme Situation when there is No Money to Pay the Tax on the Conversion\u003cbr\u003e Chapter Eight: How Much and When You Should Convert to a Roth IRA\u003cbr\u003e     Roth IRA Conversion Software\u003cbr\u003e     How to Calculate How Much Money You Should Convert to a Roth IRA Using a Comprehensive Analysis    What Assets Are You Allowed to Convert to an IRA?\u003cbr\u003e     Story--Kevin \u0026amp; Debbie Smith: Married Couple in Mid-60s\u003cbr\u003e     Biography\u003cbr\u003e     Analysis, Discussion and Recommendation\u003cbr\u003e     Gifting Recommendations\u003cbr\u003e     Estate-Planning Documents\u003cbr\u003e     In the Final Analysis...\u003cbr\u003e Chapter Nine: Converting Non-deductible IRAs and After-Tax Dollars in Retirement Plans without Having to Pay Any Taxes    Converting Non-deductible IRAs to Roth IRAs\u003cbr\u003e     After-Tax Dollars inside Your Retirement Plan\u003cbr\u003e     After-Tax Dollars Inside Your IRA    \u003cbr\u003e     How to Qualify to Make a Tax-Free Roth IRA Conversion If You Have Both After-Tax and Pre-Tax in Your IRA    For Readers Who Are Still Working and Also Have a Non-deductible IRA\u003cbr\u003e     What If You Are Retired?\u003cbr\u003e     Roth IRA Conversions of After-Tax Dollars in Your Retirement Plan if You Are Still Working    Active Employees Making Ongoing IRA and Retirement Plan Contributions    The Reporting and Accounting of After-Tax Dollars Inside Your IRA and Retirement Plan\u003cbr\u003e Chapter Ten: An Aggressive Strategy--The Roth Launcher--Recharacterizing or Undoing a Roth IRA Conversion    The Problem This Strategy Solves\u003cbr\u003e     Hedge Your Bets\u003cbr\u003e     Do You Really Have to Segregate Your Roth IRA Accounts?--Yes!\u003cbr\u003e     An Example of the Wrong Way to Do It\u003cbr\u003e     Rules Governing Recharacterizations\u003cbr\u003e     Procedure for Re-characterizing a Converted Roth IRA Back to a Traditional IRA    Multiple Roth Conversions and Recharacterizations\u003cbr\u003e     The Amount Recharacterized Differs from the Conversion Amount\u003cbr\u003e     Case Study: Roth IRA Conversion Made in Year\u003cbr\u003e     Pitfalls of Option 4\u003cbr\u003e     Time Line for Converting to a Roth IRA and Then Recharacterizing Back to a Traditional IRA    Year One\u003cbr\u003e     Year Two\u003cbr\u003e     The November Shuffle--The Really Advanced Convert and Recharacterize Strategy\u003cbr\u003e     The Mechanics of Filing Your Tax Return with this Horse Bet Strategy\u003cbr\u003e     Combining Strategies into One Great Roth Launcher Process\u003cbr\u003e     Warning! Warning! Warning! and Disclaimer\u003cbr\u003e     The Epiphany of the Aggressive Strategy with Steve’s “Roth Launcher” Process    The Middle Road\u003cbr\u003e Chapter Eleven: The Potential Pitfalls of a Roth IRA Conversion\u003cbr\u003e     Don’t Get Me Wrong and Let This Chapter Dissuade You\u003cbr\u003e     Investment Risk\u003cbr\u003e     Potential Changes in the Tax Law\u003cbr\u003e     Risk of the Elimination of the Income Tax\u003cbr\u003e     Risk of Lower Tax Rates In the Future\u003cbr\u003e     Charitable Beneficiaries\u003cbr\u003e     The Risk (or Certainty) of Additional Complication and Paperwork\u003cbr\u003e     Story--Vincent \u0026amp; Edith Butler: Sometimes a Roth IRA Conversion Doesn’t Pay    Biography\u003cbr\u003e     Analysis, Discussion and Recommendation\u003cbr\u003e Chapter Twelve: The Synergistic Strategies of Roth IRA Conversions and Delaying or Even Returning Your Social Security    Delaying Social Security and Roth IRA Conversions\u003cbr\u003e     Giving Your Social Security Benefits Back\u003cbr\u003e Chapter Thirteen: Specific Advice to Taxpayers in Different Tax Brackets\u003cbr\u003e     Zero Percent Tax Bracket\u003cbr\u003e     The Ten Percent Bracket\u003cbr\u003e     The Fifteen Percent Bracket\u003cbr\u003e     The Twenty-Five and Twenty Eight Percent Tax Bracket Readers\u003cbr\u003e     The Thirty-Three Percent Tax Bracket Readers    \u003cbr\u003e     People in the Top Tax Brackets Who are Likely to Remain There\u003cbr\u003e Chapter Fourteen: Times When You Should Spend Your Roth IRA\u003cbr\u003e     Roth IRA Useful for Large Single Year Spending Needs\u003cbr\u003e     Roth IRA Useful for Smaller Multi-Year Spending Needs\u003cbr\u003e Chapter Fifteen: Roth IRA Conversions and Charitable Beneficiaries\u003cbr\u003e     Non-Proportional Beneficiary Designations Adds Value for Heirs and Charities    A Common Mistake\u003cbr\u003e     Legacy Impact of Combining Charitable Gifts with Roth IRA Conversions\u003cbr\u003e     Life Insurance with Charitable Bequests and Roth Conversions\u003cbr\u003e     Story--Sarah Wilson: Charitably Inclined Reader\u003cbr\u003e     Biography\u003cbr\u003e     Analysis, Discussion and Recommendation\u003cbr\u003e     The Most Cost Effective Method of Providing for Charity for Senior IRA Owners    You Can Deduct a Greater Amount of Large Charitable Gifts by Using your IRA to Help Fund the Gifts    Consider Supersizing Your IRA Charitable Gift by Using it to Fund a Life Insurance Policy for Your Charity    If You Have After-Tax Dollars in Your IRA, Making IRA Gifts Now Will Make Roth IRA Conversions More Attractive in the Future\u003cbr\u003e     Reducing Your AGI through Using your IRA to Make Charitable Gifts Can Have Many Additional Tax Benefits for You\u003cbr\u003e Chapter Sixteen: Roth IRAs, Roth 401(k)s and Roth 403(b)s in the Accumulation Years    You Are On Your Own Because Big Brother Can’t Spare a Dime\u003cbr\u003e     Basic Roth IRA Information    \u003cbr\u003e     Roth IRA Eligibility Rules\u003cbr\u003e     Traditional IRAs\u003cbr\u003e     Roth IRA vs. Traditional IRA\u003cbr\u003e     Total Spending Power of Savings Methods\u003cbr\u003e     Roth 401(k) Plans and Roth 403(b) plans and the New Contribution Limits    What Are These Roth 401(k) and Roth 403(b) Plans?\u003cbr\u003e     Special Note for Teachers and Other Municipal Workers\u003cbr\u003e     Roth 401(k) vs. Traditional 401(k)\u003cbr\u003e Chapter Seventeen: Estate Planning for Roth IRA Owners\u003cbr\u003e     Which Assets Should You Spend First?\u003cbr\u003e     What Happens to a Traditional IRA if You Leave it to Your Spouse?\u003cbr\u003e     What Happens if You Leave Your Roth IRA to Your Spouse?\u003cbr\u003e     What Happens After an IRA Owner Dies and Leaves the IRA to a Non-Spousal Beneficiary?    Why Dying with a Traditional IRA is not So Bad\u003cbr\u003e     What if Your Child is a Spendthrift?\u003cbr\u003e     What Happens if You Leave Your Roth IRA to a “Non-Spouse” Beneficiary?    Naming Young Children as Beneficiaries of IRAs and Roth IRAs\u003cbr\u003e     The Best Estate Plan for Traditional Married Couples with IRAs and Roth IRAs    Estate Taxes    \u003cbr\u003e     The Cruelest Trap of All\u003cbr\u003e     The Best Estate-Planning Solution for Traditional Couples\u003cbr\u003e     A Cascading Beneficiary Story\u003cbr\u003e     A Cascading Beneficiary Story with a Twist\u003cbr\u003e     Second-To-Die Policies for IRA Owners\u003cbr\u003e     Variations on Lange’s Cascading Beneficiary Plan\u003cbr\u003e Chapter Eighteen: Roth Conversions Now Possible In 401(k) and 403(b) Plans\u003cbr\u003e     The Killer Strategy That Could Make a Tremendous Difference in Many Lives\u003cbr\u003e Chapter Nineteen: Combining Different Strategies\u003cbr\u003e     The Combining Different Strategies Story\u003cbr\u003e     Paul and Carol’s Family\u003cbr\u003e     Paul and Carol’s Financial Situation\u003cbr\u003e     Legal Recommendations for Combining Retirement Strategies\u003cbr\u003e     Retirement Plan Strategies\u003cbr\u003e     Life Insurance Recommendation\u003cbr\u003e     Other Gifting Recommendations\u003cbr\u003e     Summary of Savings from Recommendations\u003cbr\u003e Appendix\u003cbr\u003e Additional Resources and Reading\u003cbr\u003e About the Author\u003cbr\u003e The Next Step\u003cbr\u003e     Services\u003cbr\u003e     Speaking\u003cbr\u003e     Freebies\u003c\/p\u003e","brand":"Morgan James Publishing llc","offers":[{"title":"Default Title","offer_id":51359702548823,"sku":"9781600378577","price":13.49,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781600378577.jpg?v=1754125456","url":"https:\/\/bookcurl.com\/products\/the-roth-revolution-pay-taxes-once-and-never-again-9781600378577","provider":"Book Curl","version":"1.0","type":"link"}