A bill to amend the Internal Revenue Code of 1986 to provide that individuals who have attained age 59 1/2 may contribute to individual retirement accounts without regard to their compensation.

Summary

Amends the Internal Revenue Code to allow individuals who have attained age 59 and one-half to deduct amounts contributed to individual retirement accounts without regard to their compensation.

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

Timeline

1. 16 May 1995

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 16 May 1995

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 16 May 1995 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 16 May 1995

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 16 May 1995

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 16 May 1995

  Open at official source

Sponsors

• Sen. Lieberman, Joseph I. [D-CT] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → To amend the Internal Revenue Code of 1986 to provide that individuals who have attained age 59 1/2 may contribute to individual retirement accounts without regard to their compensation.