Senior IRA and Pension Preservation Act of 2002

Summary

Senior IRA and Pension Preservation Act of 2002 - Amends the Internal Revenue Code to increase from 70 1/2 to 80 the age: (1) used in the definition of "required beginning date" utilized with respect to qualified pension, profit sharing, and stock bonus plans; (2) certain deceased employees would have reached (had they lived) before their spouses must begin receiving distributions from qualified pension plans; (3) at or above which an individual's qualified retirement contribution cannot be deducted from income; (4) above which an individual in whose name an endowment contract is purchased must mature, in order to be treated as an endowment contract; (5) even after which contributions to a Roth IRA in an individual's name can still be made; and (6) at least until which amounts will not be available to participants or beneficiaries in a Section 457 plan for the plan to count as an eligible deferred compensation plan.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 June 2002

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 June 2002

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 20 June 2002

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.