IRA Act of 2021

United States117th CongressS-1961Senate
Updated: Jun 7, 2021

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.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Finance.

    Senate

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