Reply #77: Earnings are taxed on withdrawal of Traditional IRA [View All]

[DemReadingDU]

Someone possibly could change the rules to say the Roth IRA is a Traditional IRA so the earnings on the Roth could be taxed on withdrawal.

edit: but Traditional IRA is pre-tax money, and Roth IRA is after-tax. Guess there would have to be some kind of provision to charge at a very low rate. The government will find a way, if they want the money from us. :(

2nd edit: sounds just like my regular bank savings account or CD. After-tax money goes into bank savings account/CD, then tax the earnings. :(