[20211105]IF11963_Roth IRA和Roth指定账户的展期和转换：预算调节中的拟议变更.pdf

https:/crsreports.congress.gov November 5, 2021Rollovers and Conversions to Roth IRAs and Designated Roth Accounts: Proposed Changes in Budget ReconciliationIntroduction Individuals can save for retirement through tax-advantaged vehicles such as Individual Retirement Accounts (IRAs) and qualified retirement plans (for instance, employer-sponsored 401(k)s or defined benefit plans). Individuals may be able to roll over savings in one type of qualified plan, account, or IRA to another type subject to a number of requirements. Section 138311 of H.R. 5376, as reported by the House Committee on the Budget on November 3, 2021, would modify certain rollover rules. IRA Contributions and Withdrawals IRAs are tax-advantaged investment accounts for retirement savings. Congress has authorized two types of IRAs: traditional and Roth. Eligible individuals may contribute to their IRA(s) up to the IRA contribution limit ($6,000 $7,000 for individuals age 50 and older in 2021). Traditional IRAs. Anyone with wage income can contribute to a traditional IRA. Contributions to traditional IRAs may be deductible from taxable income (i.e., they reduce taxable income). Deductibility of traditional IRA cont