Is a Roth IRA Safe From Taxes?

Congress wouldn't tax Roth IRAs, would it?

It is a burning question for thousands of taxpayers now deciding whether to pay taxes to convert their regular individual retirement accounts to Roth accounts. All taxpayers are eligible to make the switch, because this year the income limit of $100,000 was permanently repealed. Many have done so already: Fidelity Investments says that as of May 31, the firm had handled 87,000 Roth conversions this year, about four times the number for the same period last year.

Read more: Is a Roth IRA Safe From Taxes? - Personal Finance - Taxes - SmartMoney.com http://www.smartmoney.com/personal-finance/taxes/is-a-roth-ira-safe-from-taxes/#ixzz12kqrfTae

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