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Governor Gray Davis signed legislation allowing Californians to put more tax-free. (Consumer Notes ...).

Publication: Consumers' Research Magazine
Publication Date: 01-JUN-02
Format: Online
Delivery: Immediate Online Access
Full Article Title: Governor Gray Davis signed legislation allowing Californians to put more tax-free. (Consumer Notes ...).(Brief Article)

Article Excerpt
Governor Gray Davis signed legislation allowing Californians to put more tax-free money into individual retirement accounts, educational IRAs, and pensions.

Residents of the state can invest an additional $1,000 in traditional IRAs; the limit was previously set at $2,000. Tax-free allowances will increase to $5,000 in 2008--and by $500...

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