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To: laxcoach
"My mom is a CPA and claims the Roth is the biggest government scam she can remember. Her logic is as follows:"

I have always been leery of Government Approved/Sponsored Tax Savings plans for Financial Investing. What can be given can be whisked away with the stroke of a Pen.

56 posted on 02/15/2009 12:40:59 PM PST by Mad Dawgg ("`Eddies,' said Ford, `in the space-time continuum.' `Ah,' nodded Arthur, `is he? Is he?'")
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To: Mad Dawgg

I used one of those savings plans for medical issues. The rules were that I had to spend it all by the end of the year or lose my money. It worked well until I quit my job. I didn’t know that I could not use it after the day I resigned or I would have went on a medical spending spree. I ended up losing over 500 dollars. I won’t touch them now.


59 posted on 02/15/2009 12:47:43 PM PST by CindyDawg
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