Research report
February 4, 2004
Primary tasks
Abstract
In his FY2005 budget, released Monday, President Bush proposes a set of new tax-preferred saving accounts (which were first presented in last year's budget). Under the Administration's proposal, two new types of individual accountscalled Lifetime Saving Accounts (LSAs) and Retirement Saving Accounts (RSAs)would be created. This note provides information to help assess these proposals.
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