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If you are scared of the tax rate rising (which is reasonable, since tax rate in the US is at like an all time low historically speaking), consider Roth type st
by dmoy 10y ago
If you are scared of the tax rate rising (which is reasonable, since tax rate in the US is at like an all time low historically speaking), consider Roth type stuff that is taxed now, not later. Or do both, as a hedge.
- omni 10y agoHonestly asking: do you know if there are any protections in place to prevent Roths from becoming taxed on withdrawal in the future?
- chrisabrams 10y agoHistory says everything eventually gets taxed if things go bad. Roth's would be an easy one.
- hx87 10y agoIf you expect taxes to be higher in the future, then the obvious answer would be to borrow utility from your future self and consume more in the present.
- jessaustin 10y agoThis is sort of a self-fulfilling prophecy, or at least it was when the Boomers made the same decision...
- chrisabrams 10y agoBecause of arbitrary rules that do not take cost of living into account, I cannot contribute to a Roth :/ I also have this bad feeling Roth's will face some type of tax / fee in the future :/