Amends the Internal Revenue Code to increase from 70 1/2 to 75 the maximum age before which an individual may make contributions to an individual retirement account.
Increases from 70 1/2 to 75 the maximum age by which distributions must begin from: (1) individual retirement accounts; (2) qualified pension, profit sharing, and stock bonus plans; (3) individual retirement annuities; and (4) retirement bonds.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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