Legal Alert: Significant, Proposed Limitations on IRA Investments Included in House Legislation
On September 27, 2021, the Build Back Better budget reconciliation legislation was introduced in the House of Representatives (the Legislation), which includes numerous revenue raisers and other tax-related changes. While many of these proposals have garnered much attention (increases in individual and corporate rates, among others), limitations on investments that can be held by individual retirement accounts (IRAs) could, if enacted, have a significant impact as well.
Read the full legal alert here.