Welcome to the Jill on money show. It is Sunday March 6th. And if you haven't listened

to yesterday's show, stop right now. Go listen to yesterday's show because that was the

first part of our interview with Ed slot. He is the IRA Roth IRA expert CPA. We really

covered a lot of ground just in terms of planning for taxes for this year. This is the second

part of our interview with Ed slot. Do you think that there, I mean, there's a lot of money

in Roth assets. So do you think that there is a world in which the Roth goes away?

No, I'll tell you, Congress loves. I mean, loves Roth IRAs. They're addicted to the income

it brings in. They will never tell you that because it's their golden goose. And why? Because

they are the world's Congress I'm talking about. They are the world's worst financial planners

on earth. So not take advantage of that. They only look at what they get up front. So

they love Roth conversions every time for years since they eased up and allowed more people

into the program. They saw boat loads, windfalls of tax revenue they used for all their other

pet projects. So it's too good to be true. They won't kill their golden goose. Maybe they'll

trim around the edges a little and say, well, if you take a distribution, these other things

may be taxable or something like that. But they're not going to kill their golden goose. That's

just my feeling. And they prove it over and over again. For example, in the Build Back Better

Bill, it's like the worst. I know. I hate it. The BBB. Yeah.

There is a provision in there, separate from the provision I talked about that for high

income earners. They would ban Roth conversions outright. That's that provision. If your income

is over 400,000, single or 450 married joint, there would be a ban outright ban on Roth conversions.

The other part I talked about the back floor of that's after tax. This is all Roth conversions.

So now they're saying that they don't believe that high income earners should be able to do these

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