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LOL!!!! You brought a picture to my mind of Clinton, Gephart, et. al. sitting in a smokey room, plotting to do away with the income tax. Not, I think, a likely possibility in this space-time continuum.

Your concern about them changing the rules, however, is a real possibility. Putting new money into a Roth IRA is a no-brainer---it's the best of the currently available alternatives. It's the conversion of old IRA into a Roth that's dicey.

A future Congress may make ROTH's effectively taxable, even though without touching the explicit rules. They could, for example, count a ROTH distribution as income when figuring a phase-out of a totally different tax break. They did this recently with Social Security--no explicit tax on the SS benefit, but taking the SS money caused another tax to increase. Same effect as an explicit tax, just a different methodology. Hmmm, a very real possibility, I think. Never underestimate a politicians desire to get his hands on your money.
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