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1 (March 24, 2000)

handle is hein.crs/crsmthaaztf0001 and id is 1 raw text is: 
   Order Code RS20289
Updated March 24, 2000


Education Savings Accounts for Elementary and
                 Secondary Education

                 Bob Lyke and James B. Stedman
                 Specialists in Social Legislation
                 Domestic Social Policy Division


Summary


                         Current Law

    Education individual retirement accounts (education IRAs) are investment accounts
for individuals that families can use to save for higher education expenses. The accounts
were authorized by the Taxpayer Relief Act of 1997 (P.L. 105-34) along with other
measures to help parents and students pay college costs. Contributions to education IRAs


Congressional Research Service °* The Library of Congress


CRS Report for Congress
          Received through the CRS Web

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