There is no doubt in my mind that this will happen in the not too distant future. In the meantime, we'll see some type of tax imposed on 401K and IRA balances each year, with government mandates for retired folks to purchase annuities...this will lead to a total government takeover, which will end up far worse off than current Social Security. Our government is being run by idiots and loons, but that's what the unwashed masses want, so that's what all of us will get.