I am wondering. I keep hearing a lot of folks say that with the mounting deficits, the only way to raise enough revenue is for the federal gov to replace the current income tax with a VAT. It seems to me that such a change would essentially screw over folks who have already paid the tax to fund the Roth.
Are you afraid that it could happen, screwing you over? Have you considered putting your cash into a traditional IRA/401K instead of a Roth for this very reason?
Are you afraid that it could happen, screwing you over? Have you considered putting your cash into a traditional IRA/401K instead of a Roth for this very reason?