The ROTH is 2nd only to the HSA if you get it at work.since the passage of the secure act I am feeling a little like the roth will change down the road too and why bother. . .
Is it hard for the rest of you to stick to the original game plan?
The ROTH is 2nd only to the HSA if you get it at work.
Unclear what you are talking about?! You should explain. You think it won't be tax free in the future?
https://www.kitces.com/blog/secure-act-2019-stretch-ira-rmd-effective-date-mep-auto-enrollment/
They have great tax benefits. The article below outlines the very commonly mentioned triple tax advantages. If it comes out of your paycheck then it is before they calc Fed Taxes. Point 1 below.I've never had access to an employer-sponsored HSA. Can you explain why they would be so attractive?
since the passage of the secure act I am feeling a little like the roth will change down the road too and why bother. . .
Is it hard for the rest of you to stick to the original game plan?
Today I am thinking that Congress will hold off on getting at the Roth accounts until they come up with what they think is a good reason...it could be a long ways off or not.
Still, Roth is one of the maybe-temporary ways investors have to gain some kind of advantage today. Get what is in front of you now, and use it wisely.
A Roth is worth it. It grows tax free.
Should Congress start working on a law to tax it, I'll withdraw it all taxfree.
They will have to backdate the law to catch me, and they will catch themselves too if they do that.
Changes in Roth taxation are way down on the list of concerns i have.
..... I just don't feel good about it. And normally I feel like I am doing the right thing.
Changes in Roth taxation are way down on the list of concerns i have.
+2
I also think changes to ROTH rules are pretty far down on Congresses list too. When you think about it, you’re only going tax free on the growth and I haven’t looked it up, but I doubt there’s a very large percentage of people who actually have ROTHs. I just doubt the trouble is worth it for the tax revenue they’d receive. They’d probably just end them if they got on their radar.
but I doubt there’s a very large percentage of people who actually have ROTHs. I just doubt the trouble is worth it for the tax revenue they’d receive. They’d probably just end them if they got on their radar.
I'm coming up on my Roth conversion window and plan to stick with it.