On Mon, Oct 5, 2009 at 11:53 AM, Gruss Gott wrote:
>
> (1.) Roth income restrictions are stupid policy, but the Republicans
> were too dumb to remove them for more than a year, or
>
> (2.) Roth income restrictions are a good policy, but even so the
> Republicans passed a quick little give away a
> g Money wrote:
>
> indeed, which is why i've got one.
>
But the traditionals for people that don't qualify for Roth still have
the benefit of staying tax-free while the interest accrues. The idea
is that if you were taxed today you'd be taxed at a higher rate than
in retirement plus you'd lose
indeed, which is why i've got one.
On Mon, Oct 5, 2009 at 8:45 AM, J.J. Merrick wrote:
>
> Yes but the growth is considered tax-free... if it was a normal
> investment account you would pay taxes on the money. In the end the
> numbers always come out in your favor on a Roth.
>
>
> -J.J.
>
> On
Yes but the growth is considered tax-free... if it was a normal
investment account you would pay taxes on the money. In the end the
numbers always come out in your favor on a Roth.
-J.J.
On Mon, Oct 5, 2009 at 7:48 AM, G Money wrote:
>
> On Fri, Oct 2, 2009 at 10:50 PM, Gruss Gott wrote:
>
>>
On Fri, Oct 2, 2009 at 10:50 PM, Gruss Gott wrote:
>
> I just ran across another sweet Bush-era giveaway: the 2010 Roth IRA
> conversion.
>
> In case you are't familiar, Roth IRAs are tax-free savings accounts
> for anyone making $100K or less.
>
Nothing is tax free. Roth's are funded with afte
OK, now please explain to the drinkers in the crowd why that's a bad thing :)
On Fri, Oct 2, 2009 at 8:50 PM, Gruss Gott wrote:
>
> I just ran across another sweet Bush-era giveaway: the 2010 Roth IRA
> conversion.
>
> In case you are't familiar, Roth IRAs are tax-free savings accounts
> for an
I just ran across another sweet Bush-era giveaway: the 2010 Roth IRA conversion.
In case you are't familiar, Roth IRAs are tax-free savings accounts
for anyone making $100K or less.
If you make more than $100k then you have to go with a traditional
IRA. Here's the basic difference (I think):
*
