Personal Finance and Investing

for this exact reason. They would say you can't trust the government they will find a way to take that money.
This was a contract with the public to encourage people to save for their retirement. Yes, you get a tax break
when you put your money in but you also pay tax on the capital gains as regular income rather than the lower
Capitol Gains tax when you take it out. In addition, your income from an IRA subject your SS to tax, I paid tax
on 85% of my SS last year.