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Posted by eric on March 19, 2004 at 11:00:26:

In Reply to: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Deceptive Practices? posted by BBG on March 18, 2004 at 11:29:13:

No, the contributions for a Roth IRA are NOT tax-deferred, and it does NOT grow tax-deferred.
The contributions for a Roth IRA are already taxed, and it grows TAX-EXEMPT.

: : Enrique,

: : Contributions to a Roth are not tax deferred.

: What?

: Jax asked,
: "What other investment grows tax-deferred and then provides a tax-free cash flow?"

: Enrique said a Roth IRA.
: He didn't say the contributions were tax deferred. He said that the investment GROWS tax deferred.( meaning, the gains in this investment are tax deferred)

: Enrique is correct about that.

: BBG




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