How to Money · Wednesday, July 15, 2026
Paul Merriman expressed his inclination towards Roth IRAs due to the uncertainty of future tax rates, believing they are likely to increase. He highlighted that contributing to a Roth account allows for tax-free growth and withdrawals, which could be a significant advantage if tax rates rise substantially in the coming decades. He also noted that Roth accounts can pass on this tax-free benefit to heirs.
“My heart and my gut tell me they're going to be higher. At some point, we're going to have to pay the bills that were accruing, and at that point, they were paying the bills that were accruing, and people gotten along just fine.”
“My heart and my gut tell me they're going to be higher. At some point, we're going to have to pay the bills that were accruing, and at that point, they were paying the bills that were accruing, and people gotten along just fine.”
“But let me tell you. I've talked to a lot of kids and I've said, hey, what do you do with that refund? Oh, we went on a trip, or we went you know, we did something fun. There's nothing wrong with having fun. But I'm just saying that you just lost that money's tax free growth for the rest of your life.”