“I wonder if this would affect Roth IRAs, which are pre-taxed. It must really irritate the feds that they can’t get any more money when those IRAs are cashed in.”
They already changed that to tax the earnings on your Roth IRA.
“They already changed that to tax the earnings on your Roth IRA.”
What? I completely missed that one. Can you post a source for those of us that can’t keep up with all of the evil this administration is perpetrating on the citizenry?
Funny thing…
My money guy was pushing the ROTH back when it first came out, and I laughed at him and said they will end up taxing it twice, front and back, just wait.