LastColdBeer, I completely understand your frustration with the way saving for retirement has evolved here in the U.S. When you say "prevent you from contributing to an IRA" do you mean at all, or just in the tax-deductible sense? Because contributions are still possible, if the rules are followed regarding income levels, contribution limits, etc. Mutual funds within IRA accounts do have their own rules, because the funds are an entity in and of themselves and do not get traded in the secondary market, so be sure you are getting your advice and guidance from a qualified tax professional in addition to any financial advisors you may talk to.