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<blockquote data-quote="Bright Raven" data-source="post: 1559571" data-attributes="member: 27490"><p>You guys are being hardheaded.</p><p></p><p>Brute is saying IRAs are taxed either on withdrawal or principle, the money going in, is subject to income tax.</p><p></p><p>TT is making the point that Roth IRAs earn, grow, appreciate, AND those earning are forever and always tax exempt. Since the earnings are not THE PRINCIPLE , the earnings are never subject to federal income tax.</p></blockquote><p></p>
[QUOTE="Bright Raven, post: 1559571, member: 27490"] You guys are being hardheaded. Brute is saying IRAs are taxed either on withdrawal or principle, the money going in, is subject to income tax. TT is making the point that Roth IRAs earn, grow, appreciate, AND those earning are forever and always tax exempt. Since the earnings are not THE PRINCIPLE , the earnings are never subject to federal income tax. [/QUOTE]
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