What are the terms of the U.S. tax law of 1981?

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Under the U.S. tax law of 1981, IRA provisions were liberalized to allow individuals to contribute up to $2,000 per year (up from $1,500) to such accounts, and coverage was extended to employees already in corporate pension programs.

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Similar questions: Under what U.S. tax law were IRA provisions liberalized? How much are individuals allowed to contribute to IRAs? Can people in corporate pension programs get IRAs? [ Hide these questions ]

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