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To: John Carragher who wrote (64977)4/2/2007 6:53:58 PM
From: benwood  Read Replies (1) | Respond to of 116555
 
You can still have lump sums from defined contribution plans, like my plans. I agree that defined benefit plans will go away, but defined contribution plans will gain a lot of traction some day.

My Roth IRAs will already be tax free... how about tax-deductible Roth IRAs, tax break going in and tax break coming out? Maybe there are already too many kinds of IRAs -- I already manage 3 varieties (Coverdale, Roth, Traditional).

It is true though that for those getting an annuity, it would be a tax break. I suspect that for the time being, most of the benefit would go to those with fairly substantial savings compared to the national norms.