Repeals provisions of the Tax Reform Act of 1986 that place limitations on: (1) individual retirement account deductions for active participants in certain pension plans; and (2) nondeductible contributions to individual retirement plans. Applies such provisions retroactively with respect to tax years 1987 and thereafter.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line