I wonder how long before they rescind exeptions to the ROTH and start taxing that ,too.
IMHO, it’s just a matter of time.
FTA
“Gale cited the Tax Policy Center’s estimate that the immediate, direct revenue loss associated with contributions to IRAs and 401(k) plans will exceed $1 trillion over the next decade.”
Dumb cluck’s. There is no loss. One. It’s not your money. Two. Taxes are merely deferred and it is likely that tax rate will be higher when withdrawn.