A bill to amend the Internal Revenue Code of 1954 to increase the annual contribution limit for individual retirement accounts from $2,000 to $3,000 and to make such accounts more equitable in the case of lesser earning and nonworking spouses.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the income tax deduction for contributions to individual retirement accounts from $2,000 to $3,000. Allows the maximum deduction for non-working spouses.…