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Author: JoshRandall Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 756949  
Subject: Re: 401K to Roth 401K conversions Date: 1/14/2013 12:57 PM
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Agreed, not everyone's situation is the same. For me, I maximize tax avoidance now and worry about later later. Our income is reduced by roughly $43000 due to tax deferred plans. That's a good amount to put away and it also allows me to pay much less in taxes today than if I chose non-deferral accounts. As I said, for me, a bird in the hand.....

To each their own. But I don't trust Congress, especially the libtards who eventually will have to find more ways to pay for the free stuff they give to more and more Americans. And they have to get it from those of us who invested wisely, didn't spend our money on things we didn't need, and who did it the right way. Given the political trend unfolding before our eyes and the changing demographics and the legitimization of government largesse for taking care of everyone's needs from cradle to grave, I think any tax break that you can get your hands on now is a wise move, and accepting any promise of a future tax benefit from a politican is not wise in any shape, manner or form.

The piper must be paid. I want to save, invest, and keep what I've earned and not rely on empty promises from politicians whose only function in todays' world, the only thing they think about when they wake up every day to do their job, is how can we find better ways to pick our pockets.
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