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Can the Roth plan be rescinded?


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Posted

Is there any law (or IRS precedent) which would allow the Roth plans to be cancelled in the future, forfitting the benefits we all put up taxed $ for? I'm looking at a Conversion which will cost a lot of Taxes right now, with the benefit depending on the tax-free growth over many many years. I'm interested what professionals familiar with the IRS would estimate the probability of these plans being wiped out by a new Tax law, and if so would the accumulated interest be taxed at that time?

Posted

Thank you, those discussion strings were elusive to my search!

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