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Rayvt wrote:

Try "prospective" as in "...from this point on, all withdrawals from a Roth IRA will be taxed..."

I haven't decided whether your rather automatic response to this issue is Pavlovian or if you're a James Carville/Pat Buchanan clone in your criticisms when it comes the issue of possible tax changes to Roth IRAs. <vbg> That's an event that may (not will) occur in the somewhat distant and murky future. IMHO Congress will never tax withdrawals on monies in existing Roth IRAs IF,/b> they decide to change the law. Much more likely is the simple act of prohibiting any future contributions or conversions to Roth IRAs after a certain date. Existing Roths will be allowed to continue as is under the old law. To do otherwise would certainly result in massive constituent disapproval and outrage, something no Pol will allow to happen regardless of their eagerness to dip into our pockets..


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