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re: Anyone here invest in both a ROTH IRA and Traditional IRA?

Posted on 7/7/13 at 12:29 am to
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26583 posts
Posted on 7/7/13 at 12:29 am to
quote:

ROTH will thank you later since we have no damn clue what the govt is going to do down the road with taxes.


Meh, I don't really like this argument. On the flip side, you can argue: What is to prevent the government from implementing a progressive policy where all investment accounts are subject to an income tax. At least with a traditional account you get a tax break now.


That's why it is best to have tax diversification just like anything else. Who knows about any of it? Nobody.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 7/7/13 at 12:33 am to
quote:

That's why it is best to have tax diversification just like anything else. Who knows about any of it? Nobody.





Guess I'll have my wife just do traditional so at least we get a little tax break now.

quote:

What is to prevent the government from implementing a progressive policy where all investment accounts are subject to an income tax.


God, that would cause me to choke a bitch.
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