In 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 spouses, your childrens and grandchildrens 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. The Roth Revolution addresses the following topics clearly and objectively: * Whether, how much, and when to convert * Costs and benefits of a Roth IRA conversion * Advice for taxpayers in each income tax bracket * The impact of future tax increases * Synergy of delaying (or returning) Social Security and Roth IRA conversions * Combining charitable gifts and Roth IRA conversions * Tax-free conversions of after-tax dollars in IRAs and retirement plans * Converting and recharacterizing strategies
