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Democrats Want to End This Lucrative Retirement Account Loophole
Sep 15, 2021 16:45:40   #
Bad Bob Loc: Virginia
 
https://www.yahoo.com/finance/news/democrats-want-end-lucrative-retirement-204413070.html

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Sep 15, 2021 17:00:11   #
Michael Rich Loc: Lapine Oregon
 
Bad Bob wrote:
https://www.yahoo.com/finance/news/democrats-want-end-lucrative-retirement-204413070.html


Biden Will be taxing lemonade stands next.

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Sep 15, 2021 18:43:26   #
JFlorio Loc: Seminole Florida
 
Michael Rich wrote:
Biden Will be taxing lemonade stands next.


There is nothing wrong with a back door ROTH. The “rich” would still be taxed on the amount of taxable (Qualified) money when that money is t***sferred to a ROTH. The money in the ROTH IRA grows tax deferred and comes out tax free. After five years or longer. The money they contribute to the IRA they will convert is not a tax write off because they make to much money. This is just another supposed money grab.

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Sep 15, 2021 20:09:05   #
BigMike Loc: yerington nv
 
Bad Bob wrote:
https://www.yahoo.com/finance/news/democrats-want-end-lucrative-retirement-204413070.html


Anything to put down the serfs. "F-CK Biden!"

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Sep 15, 2021 20:41:37   #
Michael Rich Loc: Lapine Oregon
 
JFlorio wrote:
There is nothing wrong with a back door ROTH. The “rich” would still be taxed on the amount of taxable (Qualified) money when that money is t***sferred to a ROTH. The money in the ROTH IRA grows tax deferred and comes out tax free. After five years or longer. The money they contribute to the IRA they will convert is not a tax write off because they make to much money. This is just another supposed money grab.



Yep.

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