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Retirement tax questions

So next year when I file are they going to tax my market value again which goes up and down like the wind. Like the IRA I'm taking a distribution from which has made negative dollars over the past 6 years. So essentially I lose any interest I may have earned on this lousy account. What is the point of an IRA if you're going to be taxed twice or more times. That is the only pension my husband will get from the lousy company he works for. why should we bother. It would be cheaper to go on welfare