raylopez99 <raylopez99@[EMAIL PROTECTED]
> writes:
> This is the first time I've seen this in a respectible publication--
> that eventually the US will tax "tax free" accounts, even, as Jim
> Jubak says, Roth IRAs!
It's interesting to speculate on what form that taxation
may take - probably not straight up income taxes.
But note that it's purely speculation.
My first guess is that all IRAs and 401(k)s will get hit
with a flat percentage of assets tax annually. We already
have to calculate values of these accounts at the end of
every year (ie. for use in computing RMDs). I wouldn't
be surprised to see, say, a 10bp/yr tax.
But, again, it's purely speculation. The thing is that
if such taxes come to be, it'll just be another factor
we'd need to take into account and I'd be pretty surprised
if it were a big enough tax to form a disincentive against
continuing to maximize contributions to these things.
"Because that's where the money is." (Sutton. Kinda)
--
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