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United States · Bill · HR

H.R. 1357 (106th)

Retirement and Education Assets Power Act

referredUnited States· United States Congress· EN

Introduced

25 March 1999

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

20 August 2025

Summary

Retirement and Education Assets Power Act - Amends the Internal Revenue Code, with respect to certain deductions from gross income, to increase: (1) from $2,000 to $5,000 the maximum annual contribution to an individual retirement account (IRA); and (2) from $500 to $2,000 the maximum annual contribution to an education IRA.

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Documents

3 official files

Introduced in House (text)

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Sources

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