[DonaldC]

I have no doubt that the government is going to try to close down any tax deferred mechanisms they can. They need the cash. Relatively few people save for retirement anyway and fewer in amounts to actually support themselves so this will not have much in repercussions. Eventually, those that are savers will do so in a non-tax deferred status where they have full control and to do otherwise opens one up to the risk of government abuse.

[MNJohnnie]

Relatively few people save for retirement anyway and fewer in amounts to actually support themselves so this will not have much in repercussions

Absolutely false statement. Not even in the same universe as the truth. About 45% of Americans have some form of 401k/IRA

[MrB]

In the final stages of currency collapse,
the government will look for any “legitimate” means
to continue to prop up their facade of a valid currency.

If this goes any further steps in that direction,
it’s time to cash out of your IRAs, take the penalty, and buy gold to ride through the collapse and rebuild.