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.

Finance--Law and legislation.

Finance.

Hurricanes.

Individual retirement accounts.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2011

Summary:

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

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

Notes:

CRS Report

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

Vendor supplied data

Other Format:

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

Publisher Number:

CRS-2012-DSP-0252

Access Restriction:

Restricted for use by site license