[Torie]

Well, it is a bit more complex than that. I have an incentive to withdraw from this "supplemental IRA" before I die for medical expenses, since I can withdraw tax free. Basically, after paying the deductible on the insurance policy, it allows medical expenses to be fully deductible without having to surmount the 7.5% threashold on Schedule A. But there is no need to rush. In the meantime, I can earn pretax interest rates on an after tax basis. If I die in an auto accident suddenly, my heirs lose.

[Willie Green]

Well, it is a bit more complex than that.

Yes it is, isn't it?

And that's my main objection.
Fedgov and Dubya are just adding to the complexity with more specialized "accounts" with complicated strings attached limiting my access and use to money that I save.

I don't want all that complexity.
I simply want to save MY money in MY savings and/or brokerage account.
I don't want MY money spread out over a dozen different accounts with goobermint bureaucrats dictating terms of deposit, use and withdrawel.