United States · Bill · S
S. 1961 (117th)
IRA Act of 2021
Introduced
7 June 2021
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
7 April 2025
Summary
Increasing Retirement Amount Act of 2021 or the IRA Act of 2021 This bill increases to $12,000 the retirement savings contribution limit for individual taxpayers not participating in an employed-sponsored retirement plan. It also increases the limit on catch-up contributions to retirement plans.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 7 June 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 7 June 2021
Introduced in Senate
summary · EN · 7 June 2021
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/1961
- Open data entity: https://api.congress.gov/v3/bill/117/s/1961