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Why don't you think that was the intent of the Roth IRA, or more specifically within the intent. The intent of Roth products were to give money to a broke gove
by vmception 5y ago
Why don't you think that was the intent of the Roth IRA, or more specifically within the intent.
The intent of Roth products were to give money to a broke government up front. The government created Roth products for that specific reason and there is no further intent. They made the contract with the people and some of the people actually read it. All tax exempt and tax deferred products can invest in and hold whatever they like with prohibitions generally being on level of control or debt financing. Simply having a prohibition on some kind of property ownership doesn't make sense and I would probably challenge it on constitutional grounds.