Child Savings Account Act

[AI summary unavailable — showing source text] Child Savings Account Act - Title I: Savings Incentives for America's Children - Amends the Internal Revenue Code to provide for: (1) the establishment of Child Savings Accounts within Roth IRAs; (2) an additional child credit for contributions to such accounts for certain taxpayers; and (3) tax-free distributions for elementary, secondary, and college education. Title II: Expansion of Availability of IRAs - Provides for an inflation adjustment to the IRA deductible amount. Repeals the adjusted gross limitation on contributions and rollovers to Roth IRAs.…