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Individual Retirement Accounts (IRAs)

Description: Recent changes in the Nation's tax laws have made Individual Retirement Accounts available to many people previously excluded. This report provides general information on IRAs including material explaining these recent changes and their consequences.
Date: June 28, 1983
Creator: Library of Congress. Congressional Research Service.
Partner: UNT Libraries Government Documents Department
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Budget Reconciliation and the PBGC

Description: The Pension Benefit Guaranty Corporation (PBGC) posted a deficit of $23.5 billion as of the latest reporting period, and the deficit is expected to grow further. Major bills introduced in the 109th Congress to reform funding rules for the defined benefit pension system and to raise PBGC premiums include H.R. 2830 and S. 1783. Neither has yet passed the full House or Senate. PBGC premiums are an important source of revenue for meeting the budget reconciliation targets. The House Budget Committee… more
Date: November 10, 2005
Creator: Renade, Neela K
Partner: UNT Libraries Government Documents Department
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Military Death Benefits: Status and Proposals

Description: This report describes the various death benefits from the Department of Defense, Department of Veterans Affairs (VA), and Social Security available to certain survivors of members of the Armed Forces who die on active duty.
Date: January 24, 2006
Creator: Burrelli, David F. & Corwell, Jennifer R.
Partner: UNT Libraries Government Documents Department
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Funding Postal Service Obligations to the Civil Service Retirement System

Description: This report provides background on the U.S. Postal Service's (USPS) funding of its retirement obligations, describes and analyzes the Office of Personnel Management (OPM) recalculation, and discusses considerations Congress may bring to bear on the draft legislation.
Date: January 2, 2003
Creator: Purcell, Patrick & Stevens, Nye
Partner: UNT Libraries Government Documents Department
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Individual Retirement Accounts (IRAs): Tax Incentives for Retirement Savings

Description: This report discusses Individual Retirement Arrangements (IRA) and their tax incentives. Many workers covered by employer-sponsored retirement plans do not work long enough with one employer to be entitled to a pension. Others may be covered by a profit-sharing plan to which the employer may have little or no profits to contribute. Since these individuals were "covered" by a retirement plan, they were ineligible to make tax-deductible contributions to a tax-sheltered Individual Retirement Arran… more
Date: November 22, 1982
Creator: Schmitt, Ray
Partner: UNT Libraries Government Documents Department
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Former Presidents: Pensions, Facilities, and Services

Description: The Former Presidents Act (72 Stat. 838) of 1958 provides financial and practical means to those who have served as President of the United States and still retain certain implicit public duties. In 1958, the cost of former Presidents to the public was an estimated $64,000. In FY84, approximately $27 million will be spent on benefits to former Presidents and their widows. Operation and maintenance of Presidential Libraries was approximately $14.9 million in FY83. This report discusses increasin… more
Date: May 18, 1984
Creator: Smith, Stephanie
Partner: UNT Libraries Government Documents Department
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Pension Sponsorship and Participation: Summary of Recent Trends

Description: According to the Census Bureau’s Current Population Survey (CPS), the number of private-sector workers between the ages of 25 and 64 whose employer sponsored a retirement plan fell from 53.1 million in 2004 to 52.5 million in 2005. The number of workers who participated in an employer-sponsored retirement plan fell from 43.3 million in 2004 to 43.1 million in 2005. The percentage of 25 to 64- year-old workers in the private sector who participated in an employer-sponsored retirement plan declin… more
Date: August 31, 2006
Creator: Purcell, Patrick J.
Partner: UNT Libraries Government Documents Department
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Pension Sponsorship and Participation: Summary of Recent Trends

Description: According to the Census Bureau's Current Population Survey (CPS), the number of private-sector workers between the ages of 25 and 64 whose employer sponsored a retirement plan fell from 53.1 million in 2004 to 52.5 million in 2005. This report analyzes the Current Population Survey and describes several elements, including: 1) the percentage of workers whose employer sponsored a retirement plan; 2) the percentage of workers who participated in an employer-sponsored retirement plan; 3) the likel… more
Date: August 31, 2006
Creator: Purcell, Patrick
Partner: UNT Libraries Government Documents Department
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Military Retirement: Major Legislative Issues

Description: The military retirement system includes benefits for retirement after an active or reserve military career, disability retirement, and survivor benefits for eligible survivors of deceased retirees. The change to the system that has generated the most recent legislative activity involves whether some or all military retirees should be allowed to receive both military retired pay and any VA disability compensation to which they are otherwise entitled; this is referred to as "concurrent receipt." … more
Date: June 1, 2006
Creator: Henning, Charles A.
Partner: UNT Libraries Government Documents Department
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The Retirement Savings Tax Credit: A Fact Sheet

Description: The Economic Growth and Tax Relief Reconciliation Act of 2001 authorized a non-refundable tax credit of up to $1,000 for eligible individuals who contribute to an IRA or an employer-sponsored retirement plan. The maximum credit is 50% of retirement contributions up to $2,000. This credit can reduce the amount of taxes owed, but the tax credit itself is non-refundable. The maximum credit is the lesser of either $1,000 or the tax that the individual would have owed without the credit. Eligibility… more
Date: August 7, 2006
Creator: Purcell, Patrick
Partner: UNT Libraries Government Documents Department
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U.S. Periods of War

Description: Many wars or conflicts in U.S. history have federally designated "periods of war," dates marking their beginning and ending. These dates are important for qualification for certain veterans' pension or disability benefits. This report lists the beginning and ending dates for "periods of war" found in Title 38 of the Code of Federal Regulations, dealing with the Department of Veterans Affairs (VA). It also lists and differentiates other beginning dates given in declarations of war, as well as te… more
Date: August 19, 2008
Creator: Torreon, Barbara Salazar
Partner: UNT Libraries Government Documents Department
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Veterans Benefits: An Overview

Description: The Department of Veterans Affairs (VA) offers a wide range of benefits and services to eligible veterans, members of their families, and survivors of deceased veterans. VA programs include disability compensation and pensions, readjustment benefits, and health care programs. The VA also provides life insurance, burial benefits, housing and other loan guaranty programs, and special counseling and outreach programs. While eligibility for specific benefits varies, veterans generally must meet req… more
Date: June 25, 2008
Creator: Davis, Carol D.; Panangala, Sidath Viranga & Scott, Christine
Partner: UNT Libraries Government Documents Department
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