Today is a special day. It’s the ‘Grand Opening Day” for RothMania.net. I’ve already said hello and started to talk about taxes, setting up the background needed to understand the reasoning behind the Roth decision, and today it’s time to launch. By a wonderful coincidence, over 150 Personal Finance Bloggers are joining together, led by Jeff Rose at Good Financial Cents to get the word out and explain to our readers what a Roth account is and how it may save you money over your lifetime through effective tax planning.
Over time, I hope to write about the different aspects of the Roth IRA and help you make the right decisions using the Roth as part of your planning. To help kickstart this, I am giving away up to ten copies of Ed Slott’s The Retirement Savings Time Bomb. Ed Slott is considered America’s IRA expert, and this book was recently featured on a PBS special in which Ed lectured in front of a live audience. For a topic that would seem pretty simple at its surface, a retirement account in which you deposit money you already paid taxes but then watch it grow tax free and withdraw tax free, the amount of analysis the decision can take on is staggering. Ed’s book runs 324 pages and that’s before the tables, appendices, resources, and index.
You can enter to win a copy by clicking on Ask A Question above, and submitting your question. I’ll use the questions in future articles, and the ten most interesting questions will get a copy of Ed’s book. I’ll contact the winners and start mailing the books out soon after I start using the questions here. The FTC is big on disclaimers even at small blogs, so here we go – “This site is not affiliated in any way with the book’s author and no money has been received to promote the book.” I actually checked with the marketing department at Ed’s company, and they liked the disclaimer.