From: Rich Carreiro 
Newsgroups: misc.invest.financial-plan
Subject: Re: Hidden taxes or fees on Roth distributions?
Date: 28 Jul 2004 19:05:01 GMT
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mcahren@hotmail.com (Jeff McAhren) writes:

> If I understand correctly, when I retire in 20-something years, my
> Roth distributions are tax free.  So if my Roth account was worth
> (hypothetical) $5000 when I retire, then I can withdrawal and spend
> the $5000 cash, and not pay any taxes or fees (assume that I followed
> contribution and distribution rules, I have no redemption fees, ignore
> low balance fees).

Yes -- that is the current state of the law.

> Assuming that the above statement is correct, my question is this:  Is
> there any chance that 10 or 20 years from now, the government/irs can
> decide on a whim that they should begin to charge some kind of taxes
> or other fees against the balance or the distributions from my Roth
> account?

Yes.  Congress is quite legally free to do any/all of what you say.

> Same question: Coverdell account...?

Same answer.

-- 
Rich Carreiro                            rlcarr@animato.arlington.ma.us