Believe? No, it is a matter of law. Yes, laws can be changed, all laws. There are no guarantees. You can BELIEVE that the laws covering ROTH IRAs will be changed. So be it. I will continue to deal with the laws as currently written. Each to his own.
While it’s certainly reasonable to operate in accordance with the regs as they are currently interpreted, it’s also wise to understand history.
There’s an enormous fight brewing over all non-government retirement plans. It’s going to be the private sector folks like me, and probably you, against the public employees, who God forbid, won’t have their plans touched, even though you and I funded them.
This is all happening already. Seehs, even I thought it would take another decade.
“Madam speaker Nancy Pelosi wants to put a Windfall Tax on all stock market profits (including Retirement fund, 401Ks and Mutual Funds!)”
http://www.freerepublic.com/focus/f-news/1911844/posts