To amend the Internal Revenue Code of 1986 to allow individual retirement accounts to be used for expenses for post-secondary education and job retraining.
Lifetime Education and Retraining Needs Act - Amends the Internal Revenue Code to exclude from gross income individual retirement account distributions used for post-secondary education and job retraining expenses. Exempts such distributions from excess distributions tax provisions.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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