Updated Monday, August 31, 2015 as of 2:48 AM ET

Ask Ed Slott: How Safe Are Roth IRAs?

I have read your books and watched a couple of your seminars. It made sense for me to convert our IRAs to Roth IRAs, which we did in 2010, and paid the taxes in 2011 and 2012. Unfortunately, I am reading and hearing on an almost daily basis that the government is going to start going after private retirement accounts. In your opinion, how safe are our Roth IRAs from some type of government interference?  It would certainly seem unfair to tax Roth IRAs again since the contributions have already been taxed.

Get access to this article and thousands more...

All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.

Already Registered?

Comments (3)
If banks and brokerage houses can fudge their numbers like JP Morgan admitted in Senate testimony yesterday how can you as a financial advisor be confident in the advice you are giving to clients?
Posted by Joe C | Saturday, March 16 2013 at 5:25PM ET
great blog i liked it a lot a great deal in finincial investment was quiet troubled before reading it but now i m satisfied thankyou for such post it incremented my finincial thinking
Posted by tasha123 s | Friday, April 12 2013 at 5:00PM ET
I do not really trust our government much any more, especially in the sense of keeping the tax-free deals, still I see a number of advantages in the Roth IRA versus a traditional one, though still consider the option to choose. I have plan to cover some of my current debts, including the one from personal money service and to set up a retirement plan for myself. Thanks.
Posted by Jull S | Friday, January 24 2014 at 12:31PM ET
Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here