Summary: H.R.1322 — 106th Congress (1999-2000)All Information (Except Text)

There is one summary for H.R.1322. Bill summaries are authored by CRS.

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Introduced in House (03/25/1999)

Small Savers Retirement Enhancement Act - Amends the Internal Revenue Code to increase from $2,000 to $5,000 the annual limits on an individual's contributions to his or her individual retirement account (IRA).

Mandates annual indexing of the $2,000 deductible portion of such contributions.