UnThreaded | Threaded | Whole Thread (38) | Ignore Thread Prev | Next
Author: CCinOC Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 734904  
Subject: Re: 401K to Roth 401K conversions Date: 1/14/2013 1:20 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
vkg wrote: I predict that limits will be placed on Roth IRAs. Either through limiting rollovers or eliminating tax free income over a specified balance.

You see how bass-akwards this is? The hearings on the Hill are to discuss why/how Americans don't plan sufficiently for retirement. Then when Americans do all they can to maximize the plans that are currently in place to address this very problem, you're saying that limits will probabnly be placed on IRAs.

Don't trust politicians. Period. Desperados will do anything to cover their tracks. It's a short step to "vkg, pay Donna, who didn't plan well. Tom, pay Steve, who didn't plan well. CC, pay FMNH (egads!) who didn't plan well. Etc."
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (38) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Value Hounds

Medallion Financial: TAXI!
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.
Advertisement