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Investing/Strategies / Retirement Investing
|Subject: Re: Thoughts on IRAs and 401Ks||Date: 1/27/1998 6:20 PM|
|Author: TMFPixy||Number: 1503 of 78163|
<< Congress may change the Roth rules at some point in the future, even no longer allowing tax-free withdrawals of new accounts. But I just don't think they would ever be able (politically) to tax existing Roths. Can you imagine the outcry of millions of people who paid taxes in order to convert traditional IRAs? Just not politically feasible, IMHO.
I have seen others raise very valid points about the benefits of Roths being undermined in indirect ways... abolishing all income tax in favor of a national sales tax, for instance. But I just don't see Congress retroactively taxing all Roth withdrawals.>>
Nor do I. They'll come at the issue indirectly IMHO and FWIW.
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