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Subject:  Re: Questions about 403(b)7 Date:  4/17/1998  5:25 PM
Author:  PSUEngineerFool Number:  2912 of 88507

<<The Roth contribution won't give you an immediate tax deduction, but it grows tax deferred and ultimately all of the proceeds will come to you totally free of tax.>>

Pixy, isn't it technically correct to say it grows tax free instead of tax deferred. Tax deferred would imply a tax on it at some time in the future. (The government probably called it tax deferred to indicate future plans. I am so cynical.)

I apologize if you think I am picking on you. Bad week at work. You can look and see that you are my favorite Fool.
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