>> The Roth IRA, on the other hand, is funded with after-tax money, so if it is ever taxed, what logic the tax code possesses (and my original retroactivity argument) virtually requires the taxpayer to be credited with those contributions as a basis. Yet under current tax law, unless the taxpayer withdraws money for non-qualified purposes (and my understanding is that there are none after age 59 1/2), there is no reason to maintain those records because no taxes are due. <<Indeed. This is why I've repeatedly said that while there is no guarantee that Roth contributions may not always be tax-free upon withdrawal, I firmly believe that any contributions made while the current law is in place are safe.I'm as skeptical of the government and its tax policy as anyone, but I don't believe that they have the audacity to retroactive tax Roth contributions. I strongly believe that any contributions made today are safe. Tim
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