There has been a lot of discussion about MLPs and IRAs here, but a lot of it was a bit earlier than April. Try my messages # 5275 (mid Feb) which was my attempt at summarizing the issue. Then look right around there (+/- 200 postings) for a fairly lively discussion. Please read more than my posts...I am in somewhat of a minority in believing that MLPs do make sense in an IRA. Disclosure: I own MLPs both in an IRA and in 'naked' accounts.