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What things are you forbidden to invest in IRAs?

Gold coins and art for a couple. You can read the list if you google.

it's hard to imagine that the IRA/401k could ever end up being taxed more than after-tax investments accounts are today.

All tax deferred IRA funds are taxed under current law as ordinary income. Last time I checked capital gains and dividends for most companies were taxed at lower levels than ordinary income. And marginal income dollars can be taxed at rates in the range of 50% for those of us who are over 65. That happens since the portion of Social Security subject to tax increases with income.

So when you hit 70 and have an RMD that can easily have an unintended impact. It for just for that reason we are moving some money this year from a traditional IRA into a Roth. My wife is not yet drawing social security.

Gordon
Atlanta
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