Posted by eric on March 31, 2004 at 12:39:18:
In Reply to: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Deceptive Practices? posted by BBG on March 23, 2004 at 21:26:21:
BBG,
I was not responding to you. It seems that my post was placed incorrectly. I was responding to Enrique. Apologies for any confusion this may have caused.
: 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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