Greetings, Jedk, and welcome.

<<It may have been a poor decision on my part but I did not open an IRA until four years ago. When others were talking about the great tax breaks I was thinking "yes, but the government has never given back anything for free" and was willing to miss the tax break for CONTROL of my own money. (Remember when you are talking about the Gov't it is always your money, they produce nothing....
Is still my belief they will eventually look at the trillons saved in that area and find a way to get their hands on it.(ever hear of social security)...
Anyway, have decided to take the risk and move my small IRA ($7,500) over to a Roth, accept the tax hit now which may give a little more amunition for the fight when the Gov't comes to "collect" on the gift they gave everyone.>>

As I said, the Congress giveth and the Congress taketh away. They can do either at any time. Nevertheless, I doubt highly the picture will be as bad as that you envision.

Regards....Pixy