Mike discusses questions and issues around things that are on the table in Congress that could change how you handle your IRA:

* The back door Roth conversion elimination:

* What is the back door Roth conversion and how does it work?

* Who would be affected by this policy change?

* Roth conversions for those with an income over 400k may become limited.

* Required Minimum Distribution and Qualified Charitable Distribution rules could be changing.

* Recharacterizations might no longer be allowed.

* Step up in basis might be  going away, but would be replaced by carry over basis. An example of the difference: giving to a child.

* The tax rate could go up for higher income earners: how this could affect small business.

* Capital gains rate could go up.

He also discusses some other issues such as:

* How increasing taxes increases inflation

* What about social security? Is that at risk? What are some ways you can plan to supplement your social security income?