A ROTH is great in theory but it all depends on the government not changing the rules. In 20 more years the government is going to be scrambling for income (much worse than today). Anyone that thinks they are going to stand by while rich fat cats draw money tax free hasn't been paying attention the modern rhetoric. Planning for the future is the act of a selfishness and worthy of punishment through increased taxes.
Remember you already paid income taxes on Social Security but its still taxable above certain levels of income. If they would tax their own retirement system why wouldn't they tax the proceeds from a ROTH?
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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