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Jonathan --

You may want to check out your state's law on whether creditors can reach your IRA in the event (unlikely, I hope) that you ever were in bankruptcy. It's my understanding that creditors cannot reach your account under an employer's qualified plan, but in some states, IRAs are not exempt, so they can be raided to pay off your creditors. To add insult to injury, if your creditors were to get your IRA, YOU'd be liable for the income tax on the amount taken (including the 10% penalty excise tax if you had not yet reached age 59-1/2 or become disabled).

Fool on!
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