I have NO doubt that if Congress and the White House feel they can get away with it, they will pass legislation to tax 401k's. The last election proved that we now have enough voters who will continue voting for politicians who promise them the most benefits. Few if any of those voters probably have 401k's. Therefore it is no skin off them to support politicians who will take away MY 401k money. After all, it isn't fair that I had the discipline and took the risks to save my money and grow it while they have taken no thought for the future but rather have chosen to live pay check to pay check.