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Tax Credits for Individual Development Accounts (CRS Report for Congress)

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Release Date Revised Feb. 8, 2006
Report Number RS21813
Report Type Report
Authors Christine Scott, Domestic Social Policy Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   Jan. 14, 2005 (3 pages, $24.95) add
Summary:

An individual development account (IDA) is a structured savings instrument for lower income individuals. This report discusses legislation introduced in the 108th Congress to establish IDA programs utilizing tax benefits to encourage program development.