I am not all that worried about it. There has been some level noise from kooky professors and communists at the treasury department. They think we are too stupid to manage our own money and think IRA's ought to be converted to annuities.
If they want to get to the money without triggering a revolution, all they have to do is raise taxes and force people to take it out at an earlier age. They could also just end the programs.
Thank you for your intelligent reply.
Your second paragraph struck me as means around the sure-to-be controversial collection of Americans’ savings and investments. Increasing taxes and forcing people to cash in their money instructments earlier than before would do it. In addition, ending the 401k-type programs would be a means of gathering cash from the American people, i.e., the latter lose the tax savings and the government gathers the taxes previously lost.