No. of Recommendations: 1
MadCapitalist: "I prefer the Roth IRA because it is less risky. This is because I know what the tax consequences will be."

Until Congress changes the law. I fully expect that one day Roth IRAs will be taxed just like non-deductible IRAs. There will be much hand wringing and cries of crisis, etc., but the only question for me is when, not if.

"With a 401(k), you have to worry about what Congress will do to tax rates well into the future, as well as guesstimate how much you will be making."

I fail to see why this guesstimating is any different.

Regards, JAFO

Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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 Glassdoor #1 Company to Work For 2015! 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.
Advertisement