UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next
Author: gp703 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76079  
Subject: Re: Why a Roth IRA ? Date: 2/8/1999 8:37 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
< ...snip... I tend to prefer "a bird in hand" with current deductions, because then I know what I am saving. Paying taxes now, if I am not obligated to, in order to save on future taxes ("two in the bush") is to much like betting on the come for me....snip...>


Nice post and I'll agree there is a big difference if you look at a deductible versus after-tax IRAs ( I assumed after-tax based on the question). But I don't equate paying taxes now to betting on the come. Realistically, if the rules on Roth are changed, so will probably the rules on Roth and 401(k) be changed too. But I am willing to bet that money I put in now will stay tax-free, only future contributions will have the scenario you so rosily paint :)


Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Berkshire Hathaway

IBM: Is Buffett Wrong, or Brilliant?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.