Tax deferred status would probably be unimportant if pj's former IRA took up domicile in Rio or some other tax haven. We need to ask pj if his IRA has been making any mention of the Maldives, the Azores, Vanuatu or the Canary Island.
My IRA is run with an iron hand. It does not trade wildly, nor has it been making noises about running off with a limited partnership to some rum-soaked island in the Carribean.
And it is a good thing. Without it, I might have to ask pj if I could share the other side of his bridge. I would promise to keep my stereo low and I wouldn't interrupt him when he is doing his day trading.