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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76237  
Subject: Re: Roth earnings taxed when used for college? Date: 3/23/1998 8:52 AM
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Orangeblood.

<<Maybe before, but not now. With the new rules, I am beginning to look more and more at the Roth as a type of savings account (I would only be using money not earmarked for retirement). The ability to withdraw the contributions without penalty... on top of letting the earnings grow tax free... very tempting.>>

I'm afraid you are right, and many will think this way. Sad that because it is NOT why the vehicle was established and will help contribute to its early demise IMHO.

Regards….Pixy
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