Posted by BBG on March 23, 2004 at 21:26:21:
In Reply to: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Deceptive Practices? posted by eric on March 19, 2004 at 11:00:26:
Eric,
Read my post. I did NOT say that the contributions to a Roth are tax deferred. Do not imply that I did.
Read my post. I pointed out to "What?" that Enrique was correct in his post.
Yes, the growth is tax free if it is not touched until age 591/2.
Please, since you are so conscious of others words, be careful that you yourself do not misquote or misspeak.
BBG
: 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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