I love the Roth IRA. Tax-free income in retirement is a truly great deal.
Sentiment: POSITIVE
IRAs are intended for retirement.
I support voluntary personal retirement accounts for Social Security. It should be people's free choice.
I favor the abolition of all Social Security, Medicare and estate taxes. In their place, we should create a simple income tax system that has no deductions or credits at all.
The highest-income Americans don't need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.
What I do is allow middle-income families to finally be able to save their money tax-free. No tax on interest dividends or capital gains for middle-income Americans.
Working hard to earn more money and then giving it away in higher taxes isn't financially intelligent, even if you do put some of it into a retirement account.
Thank God I have a financial planner who is really conservative.
I support transitioning from the progressive tax to a flat tax system - both individual and corporate/business.
Social Security is the only thing most Americans can count on to keep them out of poverty during retirement.
A lot of the money in the stock market is really our national retirement plan, for better or worse.