United States · Bill · S
S. 2278 (100th)
A bill to amend the Internal Revenue Code of 1986 to allow the penalty-free early withdrawal of IRA funds for post-secondary educational expenses.
Introduced
13 April 1988
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code to exclude from the ten percent additional tax on early distributions from qualified retirement plans any distribution to an employee used to pay the educational expenses (tuition, fees, books, supplies, and reasonable living expenses) of the employee, spouse, or dependent at an institution of higher education or a vocational school.
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 13 April 1988
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
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- Official source: https://www.congress.gov/bill/100th-congress/senate-bill/2278
- Open data entity: https://api.congress.gov/v3/bill/100/s/2278