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<<The major advantage of the Roth as I see it is that you don't pay taxes on your capital growth as you would in a regular IRA, because you pay the taxes up front with the Roth. Correct me if I am wrong.>>

My kids all took German in school. They always used to tell us, "Ein deimen traumen!" (sp). That means, "In your dreams!"

<<In twenty years the growth, along with additions to my Roth should add up to alot of tax free money. Am I missing something?>>
You are missing the fact that Congress changes the tax laws willy-nilly, and doesn't seem to worry overmuch about little things like "fairness" and "sensible". Listen to some of the Gephart, et. al. speeches from the past couple of years. Pay particlar attention to the parts where he rants about "Greedy rich people who don't pay their fair share of taxes." Want to take any bets as to whether or not there will be someone who spouts the same argument 20-30 years from now? The fact that you paid the taxes 20-30 years in the past (i.e., now) won't carry any weight with them.

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