Clark has been long obsessed with the Roth IRA, but not everyone is allowed to do one. Americans who make more than $100,000 individually or $160,000 as a family typically are ineligible.

However, there are two unique loopholes at this time that let wealthy Americans take advantage of this tax-free retirement savings option.

First, you can put $5,000 in a non-deductible IRA this year, and next year you can convert it -- regardless of income -- into a Roth IRA. You'll only pay tax on whatever gains you make for the remainder of 2009.

Second, next year you'll also be able to convert a regular IRA into a Roth. That means you must be prepared to pay any tax you will owe for converting over the course of 2011 and 2012.

Again, both of these options are only for those who make too much money to traditionally do a Roth.

Still not convinced about the benefits of a Roth account? Clark encourages you to visit RothRetirement.com and use their calculators. There you can see how much further your money goes in a Roth than in a regular IRA.

Need help picking investments for your Roth? See Clark's investing guide.