HR 1026
107th Congress
House
Increased Individual Retirement Accounts for All Act of 2001
Official title: To amend the Internal Revenue Code of 1986 to increase the annual limitation on deductible contributions to individual retirement accounts to $5,000, and for other purposes.
Taxation
AnnuitiesCongressCongressional reporting requirementsCost of living adjustments
More subjectsShow fewer subjects
Economics and Public FinanceIncome taxIndexing (Economic policy)Individual retirement accountsLabor and EmploymentPension fundsPersonal income taxSocial WelfareTax creditsTax deductionsTax-deferred compensation plans
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 14, 2001
Referred to the House Committee on Ways and Means.
Mar 14, 2001
Introduced in House
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Latest action
Referred to the House Committee on Ways and Means.
Plain-English summary
Increased Individual Retirement Accounts for All Act of 2001 - Amends the Internal Revenue Code to: (1) increase the annual limitation on deductible contributions to individual retirement accounts (IRAs) to $5,000 and provide a cost-of-living adjustment to such amount; (2) provide for increased "catch-up" contributions for individuals aged 50 or older; and (3) until December 31, 2005, allow a nonrefundable credit to certain individuals for elective deferrals and IRA contributions.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 1026: Increased Individual Retirement Accounts for All Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1026/
"H.R. 1026: Increased Individual Retirement Accounts for All Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1026/.
H.R. 1026, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1026/.
[H.R. 1026: Increased Individual Retirement Accounts for All Act of 2001](https://openamerica.io/bill/107-HR-1026/)