S. 362 — A bill to amend the Internal Revenue Code of 1986 to restore the IRA deduction and for other purposes.

Summary

Amends the Internal Revenue Code to restore the deduction for retirement savings through individual retirement accounts. Provides an inflation adjustment for such deduction. Coordinates the limit on such deduction with the elective deferral limit under other pension provisions.

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Legislative Actions

1993-02-16
Introduced in Senate
1993-02-16
Sponsor introductory remarks on measure. (CR S1600-1601)
1993-02-16
Read twice and referred to the Committee on Finance.

A bill to amend the Internal Revenue Code of 1986 to restore the IRA deduction and for other purposes.

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Subjects

Summary

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