Traditional and Roth Individual Retirement Accounts (IRAs) : A Primer.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Disaster relief.

Hurricanes.

Finance--Law and legislation.

Finance.

Individual retirement accounts.

Physical Description:

1 online resource (1 online resource (17 p), digital, PDF file)

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2011.

System Details:

text file

Summary:

This report is one in a series of updates. For the most recent coverage of this report series, please see 08-RL-34397 in the 2008 issue.

Describes primary features of traditional and Roth individual retirement accounts (IRAs), which offer tax incentives to encourage individuals to save for retirement. Explains IRA eligibility requirements, contribution limits, tax deductibility of contributions, and rules for withdrawing funds. Covers retirement savings contribution credit and qualified distributions related to Hurricanes Katrina, Rita, and Wilma; and to Midwestern disaster relief area. Includes tables.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Apr. 2014). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. Traditional and Roth Individual Retirement Accounts (IRAs)

Access Restriction:

Restricted for use by site license.