No. of Recommendations: 1
I love the Roth but wonder about it's future. In the early 80's a conservative banker friend told me he didn't expect IRA's to last as they were structured at the time. His reasoning was that their success would cost the government too much immediate income. Sure enough a few years later Congress changed the rules and my contributions were no longer deductible.

I worry that the same thing will happen when people start taking withdrawals from Roth IRA's and not paying taxes on the gains. Congress, facing huge budget deficits, will change the rules and tax that income.

Remember when social security benefits were completely tax free?
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