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FOR IMMEDIATE
RELEASE
Using proven/established and cutting-edge
strategies for retirement assets results in
paying taxes once and never having to pay
again
Pittsburgh, PA, October 28, 2010 - When
Jim Lange talks about ways to make the
most out of money set aside for retirement -
people listen, as evidenced by the thirty
times his expertise has been quoted by The
Wall Street Journal. Studying IRA laws
throughout his career, testing his
strategies, and then having his analysis
peer reviewed by the AICPA, has made him a
nationally recognized expert on IRA’s, Roth
IRA conversion and estate planning. In his
new book, Roth Revolution: Pay Taxes
Once and Never Again (Morgan James),
Lange outlines top strategies so that
readers may learn the benefits of Roth IRA
conversions.
In Roth Revolution, Lange uses both
the time-tested, well-established approach
as well as new, cutting-edge strategies that
actually result in enhancing the classic
methods, in order to get the most out of
IRA’s or retirement plans by converting a
portion of IRA’s to a Roth IRA. The book
provides invaluable advice on how to avoid
running out of money, how to not pay too
much in taxes, and how to leave as much as
possible to family members with as little
cost as possible to the investor. Since 2010
is the first year we can make a Roth IRA
conversion regardless of income, and because
tax rates will likely go up in the future,
this is the perfect time to begin!
The new bill that was recently signed into
law will allow employees to convert their
pre-tax account balances into
Roth-designated accounts, the official title
for a Roth 401(k) or Roth 403(b), that will
have a tremendous impact on retirement
accounts. These conversions are great even
if you never retire because they allow
owners to create an income tax-free dynasty!
Yes, you do pay taxes on the portion of the
IRA or 401(k) that is converted, but then
that money can grow income tax-free for the
rest of your life, your spouse’s life, and
even your children and grandchildren’s
lives! Now that qualifying income limits for
IRA owners have been abolished, all IRA and
retirement plan owners should consider Roth
IRA conversions. Oftentimes, even though a
family stands to be better off by hundreds
of thousands, possibly even millions, of
dollars - the money manager may not make his
clients aware of a Roth IRA conversion
because he will make less money. This is why
it is imperative that people become informed
and get more involved in their own
retirement and estate planning.
As well as being a best-selling author, Jim
Lange is a nationally renowned speaker who
has given Roth IRA conversion workshops to
literally thousands of financial advisors at
some of the country’s largest financial
companies, and is well-recognized for the
expertise he shares on air every other
Wednesday on KQV 1410 AM at KQV.com. These
are just some of the many examples Lange
expands on in interviews and speaking
engagements.
Kiplingers, Financial Planning, Wall Street
Journal, Newsweek, and many others, often
rely on the financial abilities of Lange to
quote on new opportunities for readers.
Eminent IRA experts such as Ed Slott,
Natalie Choate, Bob Keebler, Gary Picker and
John Bledsoe also agree with Lange in
believing the worth of converting to
Roth-designated accounts. Jim’s books have
also been endorsed by top names that include
Charles Schwab, Jane Bryant Quinn, Larry
King and CPA Ed Slott, America’s IRA Expert,
who also contributed the foreword in The
Roth Revolution.
Clearly addressed in The Roth Revolution are
topics such as: how much, whether/when to
convert, the costs and benefits of a Roth
IRA conversion with advice for taxpayers in
each income tax bracket, the impact of
future tax increases, the pros and cons of
delaying Social Security, and Roth IRA
conversions; every strategy is covered to
maximize one’s return on investments in
retirement plans.
As Jim Lange will often ask his
audience/readers: “Who in their right mind
would pay taxes before they have to?” His
own answer is always: “Me, thousands of my
readers and clients, all the top IRA experts
and, I hope, after reading his book, you and
your audience too. “
To learn more about this talented
individual, please visit:
www.retiresecure.com and
www.rothira-advisor.com.
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TIP SHEET:
Diane McCurdy, CFP, best selling author of
“How Much is Enough? Balancing Today’s Needs
with Tomorrow’s Retirement Goals: "An
amazing, comprehensive explanation of the
hows and whys … with real life examples by
Jim who has set a new standard in retirement
tax planning.”
Jonathan Clements, author of The Little Book
of Main Street Money: "It is tough to pick
stock-market winners, but it’s relatively
easy to lower your investment tax-bill.
Looking to keep more of your portfolio’s
gains? Read Jim Lange’s ‘The Roth
Revolution’ – and you could make your
financial life a whole lot less taxing.”
Lois P. Frankel, Ph.D., author of Nice Girls
Don’t Get Rich and Nice Girls Don’t Get the
Corner Office: “Jim Lange hits another
homerun with The Roth Revolution. Anyone
concerned about ensuring his or her nest egg
is enough for retirement needs this book…”
Brian Tracy, author of The Way to Wealth:
"This book shows you how to plan your
finances so you don’t run out of money in
retirement – perhaps the biggest single
consideration of your life”.
Bill Losey, CFP, author of Retire in a
Weekend! The Baby’s Boomer’s Guide to Making
Work Optional: "Jim’s specific advice to
taxpayers in different tax brackets…Chapter
13…makes a complicated topic easy to
understand."
Michael T. Palmero, attorney and author of
AARP Crash Course in Estate Planning: "…a
clear and comprehensive guide to a financial
planning tool everyone should understand. I
highly recommend it.”
Burton G. Malkiel, author of A Random Walk
Down Wall Street: "Jim Lange has done it
again… he 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.”
Natalie Choate, Esq.: “There are few
advisors as IRA-knowledgeable as Jim Lange.
His book is chock full of creative Roth IRA
planning ideas to help every client”.
Jon Gallo, co-author of Silver Spoon Kids
and The Financially Intelligent Parent: "Jim
Lange has done it again! The Roth Revolution
is a worthy follow up to Retire Secure,
written in a highly readable style that
provides an excellent guide for all of us
whose clients want to know whether they
should convert to a Roth IRA. We were
particularly pleased to find a thoughtful
discussion of combining Roth IRAs with
philanthropy.”
Steve Leimberg, CEO of Leimberg Information
Services: "With charts, graphs, checklists
and examples, Jim Lange, an advisor’s
advisor, presents the answers to the Roth
IRA puzzle in clear, concise terms… loaded
with solid answers to the very questions
your clients are sure to ask.”
Bob Keebler, CPA: "…an invaluable tool for
any advisor assisting a client with a
decision on whether to convert to a Roth
IRA. With the expanded opportunity for
taxpayers to take advantage of a Roth IRA
regardless of their income, this …resource
should be on every advisor’s desk.”
Barry C. Picker, CPA/PFS, CFP “…must-reading
for anyone contemplating moving money into a
Roth IRA, which in my opinion is everyone.
Jim is one of the few people who has the
knowledge …on IRAs and also has the ability
to put this knowledge into understandable
language.”
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