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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: Wade	6/24/2010 8:19:37 AM
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finance.yahoo.com Is a Roth IRA Safe From Taxes? "What about a value-added tax, unlikely as one may be? A VAT is similar to a sales tax, so it would probably affect both regular and Roth accounts the way state sales taxes affect IRA withdrawals now—as a separate levy. Of course, what actually happens depends on imponderables like the mood and composition of Congress. Prof. Graetz and others say that in the short run, lawmakers are probably hungriest for the revenue the flood of conversions is bringing in. Recently a spokesman for the House Ways and Means Committee said that members have no plans to tax Roth IRAs. The bottom line: Roth benefits can be real, while cutbacks mightn't come for years if at all; meanwhile, tax rates are rising for those at the top. Wary taxpayers who stand to benefit from a conversion but don't want to be vulnerable to changes might want to do a series of partial conversions instead of one large one. These are allowed, and advisers often recommend them as a way of avoiding bracket leap on a conversion."

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