Contributions to Individual Retirement Accounts (IRAs): Fact Sheet.

Autor: Myers, Elizabeth A., Topoleski, John J.
Předmět:
Zdroj: Congressional Research Service: Report; 4/25/2024, preceding p1-4, 6p
Abstrakt: The article focuses on providing a fact sheet about contributions to Individual Retirement Accounts (IRAs), explaining how these accounts function as tax-advantaged retirement savings options. Topics include the distinctions between traditional and Roth IRAs, contribution limits, and the tax implications associated with each type of account, with a particular emphasis on IRS data from 2020 and the significance of these contributions for tax expenditures.
Databáze: Complementary Index