Re: Formerly tax-free

HW "Skip" Weldon wrote:

> Does Roth IRA withdrawals have any impact on anything else like SS,
> deduction phaseouts, etc.?  How about "tax-free" withdrawals from a
> life policy?

Currently, so long as you don't foul up either to make them 
taxable (cash out the entire life insurance policy or take 
premature Roth withdrawals), neither has an impact on any 
other tax matter at this time.

Now, of course, a future Congress could change just about 
*anything* though changing either of these would create some 
real problems for many Congress-critters.  Of the two, I 
suspect it would be easier to go after the life insurance, 
but neither would go down without a major fight--and, in 
either case, I would expect Congress to "grandfather" 
already existing accounts/policies in some form to try and 
deflect some of the heat.

--
Ed Zollars, CPA
Phoenix, Arizona