"raylopez99" <raylopez99@[EMAIL PROTECTED]
> wrote in message
news:f09da611-9fb0-49e5-8db7-e18eee4b45f3@[EMAIL PROTECTED]
>
> Anybody else seen this in print? Not Usenet, but in a national
> syndicated article.
>
Well, just because the guy is published nationally, doesn't make his
opinion
any more valid than anyone else's opinion. And, frankly, apparently he
doesn't know too much about tax issues, because 401ks are already taxed,
and
probably at a higher rate than they would be if the money were in a
regular,
non-tax-deferred account. Those capital gains that are hidden in your 401k
will be taxed as regular income. It's too easy to speculate on the Roth
IRAs, but a more reasonable (to me) prediction is that we will no longer
be
able to contribute to such an account, so that all retirement accounts
will
have the same tax treatment at distribution.
Elizabeth Richardson
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