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From: rfg@hound.UUCP (R.GRANTGES)
Newsgroups: net.invest
Subject: Re: putting your IRA in tax free investments
Message-ID: <1423@hound.UUCP>
Date: Fri, 18-Oct-85 15:24:47 EDT
Article-I.D.: hound.1423
Posted: Fri Oct 18 15:24:47 1985
Date-Received: Sat, 19-Oct-85 08:13:09 EDT
Organization: AT&T Bell Labs, Holmdel NJ
Lines: 15

[]
I have seen  and heard many times that putting IRA funds into tax free
investments made no sense. I can see that it makes somewhat less sense
than putting non-IRA money into tax frees, but  no sense at all?
In an IRA the tax is deferred, not removed. If IRA money were placed in
a tax free investment, when it was bailed out, say 40 years later at age
65, wouldn't the only tax due be on the original deposit, all the 
earnings having been tax free? If so this could cut the tax due
enormously, if not true, then how can the tax-free investment be called
tax free?


-- 

"It's the thought, if any, that counts!"  Dick Grantges  hound!rfg