AB 2219 (O’Donnell) – CalSTRS individual retirement accounts

Authorizes CalSTRS to offer a traditional (tax-deferred) Individual Retirement Account (IRA) in addition to a Roth IRA and accept rollovers from any eligible retirement plan to those IRAs. It also enables CalSTRS to receive contributions from IRA participants and allows spouses of those participants to contribute to a CalSTRS IRA plan.

Version: Introduced 2/12/2020
Sponsor: CalSTRS
Location: Assembly Appropriations Committee
Board Position: Sponsor

CalSTRS analysis:

As introduced 2/12/2020

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Contact our compliance support team via telephone at: (888) 765-1970

Ongoing Compliance Information

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Compliance Procedures

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