I 
108TH CONGRESS 
2D SESSION 
H. R. 4714 
To amend the Internal Revenue Code of 1986 to provide for retirement 
savings accounts, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 25, 2004 
Mr. SAM JOHNSON of Texas introduced the following bill; which was referred 
to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to provide 
for retirement savings accounts, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE, ETC. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Retirement Savings Account Act’’. 
(b) AMENDMENT OF 1986 CODE.—Except as other-
wise expressly provided, whenever in this Act an amend-
ment or repeal is expressed in terms of an amendment 
to, or repeal of, a section or other provision, the reference
shall be considered to be made to a section or other provi-
sion of the Internal Revenue Code of 1986. 
SEC. 2. RETIREMENT SAVINGS ACCOUNTS. 
(a) IN GENERAL.—Section 408A (relating to Roth 
IRAs) is amended to read as follows: 
‘‘SEC. 408A. RETIREMENT SAVINGS ACCOUNTS. 
‘‘(a) IN GENERAL.—Except as provided in this sec-
tion, a retirement savings account shall be treated for pur-
poses of this title in the same manner as an individual 
retirement plan. 
‘‘(b) RETIREMENT SAVINGS ACCOUNT.—For pur-
poses of this title, the term ‘retirement savings account’ 
means an individual retirement plan (as defined in section 
7701(a)(37)) which— 
‘‘(1) is designated (in such manner as the Sec-
retary may prescribe) at the time of establishment 
of the plan as a retirement savings account, and 
‘‘(2) does not accept any contribution (other 
than a qualified rollover contribution) which is not 
in cash. 
‘‘(c) TREATMENT OF CONTRIBUTIONS.— 
‘‘(1) CONTRIBUTION
LIMIT.—Notwithstanding 
subsections (a)(1) and (b)(2)(A) of section 408, the 
aggregate amount of contributions for any taxable 
year to all retirement savings accounts maintained
for the benefit of an individual shall not exceed the 
lesser of— 
‘‘(A) $5,000, or 
‘‘(B) the amount of compensation includ-
ible in the individual’s gross income for such 
taxable year. 
‘‘(2) SPECIAL RULE FOR CERTAIN MARRIED IN-
DIVIDUALS.—In the case of any individual who files 
a joint return for the taxable year, the amount taken 
into account under paragraph (1)(B) shall be in-
creased by the excess (if any) of— 
‘‘(A) the compensation includible in the 
gross income of such individual’s spouse for the 
taxable year, over 
‘‘(B) the aggregate amount of contribu-
tions for the taxable year to all retirement sav-
ings accounts maintained for the benefit of such 
spouse. 
‘‘(3) CONTRIBUTIONS PERMITTED AFTER AGE 
701⁄2.—Contributions to a retirement savings account 
may be made even after the individual for whom the 
account is maintained has attained age 701⁄2. 
‘‘(4) MANDATORY
DISTRIBUTION
RULES
NOT 
TO APPLY BEFORE DEATH.—Notwithstanding sub-
sections (a)(6) and (b)(3) of section 408 (relating to
required distributions), the following provisions shall 
not apply to any retirement savings account: 
‘‘(A) Section 401(a)(9)(A). 
‘‘(B) The incidental death benefit require-
ments of section 401(a). 
‘‘(5) ROLLOVER CONTRIBUTIONS.— 
‘‘(A) IN GENERAL.—No rollover contribu-
tion may be made to a retirement savings ac-
count unless it is a qualified rollover contribu-
tion. 
‘‘(B) 
COORDINATION
WITH
LIMIT.—A 
qualified rollover contribution shall not be taken 
into account for purposes of paragraph (1). 
‘‘(6) ROLLOVERS FROM PLANS WITH TAXABLE 
DISTRIBUTIONS.— 
‘‘(A) IN GENERAL.—Notwithstanding sec-
tions 402(c), 403(a)(4), 403(b)(8), 408(d)(3), 
and 457(e)(16), in the case of any contribution 
to which this paragraph applies— 
‘‘(i) there shall be included in gross 
income any amount which would be includ-
ible were it not part of a qualified rollover 
contribution, 
‘‘(ii) section 72(t) shall not apply, and
‘‘(iii) unless the taxpayer elects not to 
have this clause apply for any taxable year, 
any amount required to be included in 
gross income for such taxable year by rea-
son of this paragraph for any contribution 
before January 1, 2006, shall be so in-
cluded ratably over the 4-taxable year pe-
riod beginning with such taxable year. 
Any election under clause (iii) for any contribu-
tions during a taxable year may not be changed 
after the due date (including extensions of 
time) for filing the taxpayer’s return for such 
taxable year. 
‘‘(B) CONTRIBUTIONS
TO
WHICH
PARA-
GRAPH APPLIES.—This paragraph shall apply 
to any qualified rollover contribution to a retire-
ment savings account (other than a rollover 
contribution from another such account). 
‘‘(C) CONVERSIONS OF IRAS.—The conver-
sion of an individual retirement plan (other 
than a retirement savings account) to a retire-
ment savings account shall be treated for pur-
poses of this paragraph as a contribution to 
which this paragraph applies.
‘‘(D) ADDITIONAL
REPORTING
REQUIRE-
MENTS.—Trustees and plan administrators of 
eligible retirement plans (as defined in section 
402(c)(8)(B)) and retirement savings accounts 
shall report such information as the Secretary 
may require to ensure that amounts required to 
be included in gross income under subpara-
graph (A) are so included. Such reports shall be 
made at such time and in such form and man-
ner as the Secretary may require. The Sec-
retary may provide that such information be in-
cluded as additional information in reports re-
quired under section 408(i) or 6047. 
‘‘(E) SPECIAL RULES FOR CONTRIBUTIONS 
TO WHICH A 4-YEAR AVERAGING APPLIES.—In 
the case of a qualified rollover contribution to 
which subparagraph (A)(iii) applied, the fol-
lowing rules shall apply: 
‘‘(i) ACCELERATION OF INCLUSION.— 
‘‘(I) IN GENERAL.—The amount 
required to be included in gross in-
come for each of the first 3 taxable 
years in the 4-year period under sub-
paragraph (A)(iii) shall be increased 
by the aggregate distributions from
retirement savings accounts for such 
taxable year which are allocable under 
subsection (d)(3) to the portion of 
such qualified rollover contribution re-
quired to be included in gross income 
under subparagraph (A)(i). 
‘‘(II) LIMITATION
ON
AGGRE-
GATE
AMOUNT
INCLUDED.—The 
amount required to be included in 
gross income for any taxable year 
under subparagraph (A)(iii) shall not 
exceed the aggregate amount required 
to be included in gross income under 
subparagraph (A)(iii) for all taxable 
years in the 4-year period (without re-
gard to subclause (I)) reduced by 
amounts included for all preceding 
taxable years. 
‘‘(ii) DEATH OF DISTRIBUTEE.— 
‘‘(I) IN GENERAL.—If the indi-
vidual required to include amounts in 
gross income under such subpara-
graph dies before all of such amounts 
are included, all remaining amounts 
shall be included in gross income for
the taxable year which includes the 
date of death. 
‘‘(II) SPECIAL
RULE
FOR
SUR-
VIVING SPOUSE.—If the spouse of the 
individual described in subclause (I) 
acquires the individual’s entire inter-
est in any retirement savings account 
to which such qualified rollover con-
tribution is properly allocable, the 
spouse may elect to treat the remain-
ing amounts described in subclause 
(I) as includible in the spouse’s gross 
income in the taxable years of the 
spouse ending with or within the tax-
able years of such individual in which 
such amounts would otherwise have 
been includible. Any such election may 
not be made or changed after the due 
date (including extensions of time) for 
filing the spouse’s return for the tax-
able year which includes the date of 
death. 
‘‘(F) 5-YEAR HOLDING PERIOD RULES.— 
If—
‘‘(i) any portion of a distribution from 
a retirement savings account is properly al-
locable to a qualified rollover contribution 
with respect to which an amount is includ-
ible in gross income under subparagraph 
(A)(i), 
‘‘(ii) such distribution is made during 
the 5-taxable year period beginning with 
the taxable year for which such contribu-
tion was made, and 
‘‘(iii) such distribution is not de-
scribed in clause (i), (ii), or (iii) of sub-
section (d)(2)(A), 
then section 72(t) shall be applied as if such 
portion were includible in gross income. 
‘‘(7) TIME WHEN CONTRIBUTIONS MADE.—For 
purposes of this section, a taxpayer shall be deemed 
to have made a contribution to a retirement savings 
account on the last day of the preceding taxable year 
if the contribution is made on account of such tax-
able year and is made not later than the time pre-
scribed by law for filing the return for such taxable 
year (not including extensions thereof). 
‘‘(8) COST-OF-LIVING ADJUSTMENT.—
‘‘(A) IN
GENERAL.—In the case of any 
taxable year beginning in a calendar year after 
2005, the $5,000 amount under paragraph 
(1)(A) shall be increased by an amount equal 
to— 
‘‘(i) such dollar amount, multiplied by 
‘‘(ii) the cost-of-living adjustment de-
termined under section 1(f)(3) for the cal-
endar year in which the taxable year be-
gins, determined by substituting ‘calendar 
year 2004’ for ‘calendar year 1992’ in sub-
paragraph (B) thereof. 
‘‘(B) ROUNDING RULES.—If any amount 
after adjustment under subparagraph (A) is not 
a multiple of $500, such amount shall be 
rounded to the next lower multiple of $500. 
‘‘(d) DISTRIBUTION RULES.—For purposes of this 
title— 
‘‘(1) EXCLUSION.—Any qualified distribution 
from a retirement savings account shall not be in-
cludible in gross income. 
‘‘(2) QUALIFIED DISTRIBUTION.—For purposes 
of this subsection—
‘‘(A) IN
GENERAL.—The term ‘qualified 
distribution’ means any payment or distribu-
tion— 
‘‘(i) made on or after the date on 
which the individual attains age 58, 
‘‘(ii) made to a beneficiary (or to the 
estate of the individual) on or after the 
death of the individual, 
‘‘(iii) attributable to the individual’s 
being disabled (within the meaning of sec-
tion 72(m)(7)), or 
‘‘(iv) to which section 72(t)(2)(F) ap-
plies (if such payment or distribution is 
made before January, 1, 2008). 
‘‘(B) DISTRIBUTIONS
OF
EXCESS
CON-
TRIBUTIONS AND EARNINGS.—The term ‘quali-
fied distribution’ shall not include any distribu-
tion of any contribution described in section 
408(d)(4) and any net income allocable to the 
contribution. 
‘‘(3) ORDERING RULES.—For purposes of ap-
plying this section and section 72 to any distribution 
from a retirement savings account, such distribution 
shall be treated as made—
‘‘(A) from contributions to the extent that 
the amount of such distribution, when added to 
all previous distributions from the retirement 
savings account, does not exceed the aggregate 
contributions to the retirement savings account; 
and 
‘‘(B) from such contributions in the fol-
lowing order: 
‘‘(i) Contributions other than qualified 
rollover contributions with respect to which 
an amount is includible in gross income 
under subsection (c)(6)(A)(i). 
‘‘(ii) Qualified rollover contributions 
with respect to which an amount is includ-
ible in gross income under subsection 
(c)(6)(A)(i) on a first-in, first-out basis. 
Any distribution allocated to a qualified rollover con-
tribution under subparagraph (B)(ii) shall be allo-
cated first to the portion of such contribution re-
quired to be included in gross income. 
‘‘(4) AGGREGATION RULES.—Section 408(d)(2) 
shall be applied separately with respect to retirement 
savings accounts and other individual retirement 
plans. 
‘‘(e) QUALIFIED ROLLOVER CONTRIBUTION.—
‘‘(1) IN GENERAL.—For purposes of this sec-
tion, the term ‘qualified rollover contribution’ 
means— 
‘‘(A) a rollover contribution to a retirement 
savings account of an individual from another 
such account of such individual or such individ-
ual’s spouse, or from an individual retirement 
plan of such individual, but only if such rollover 
contribution meets the requirements of section 
408(d)(3), and 
‘‘(B) a rollover contribution described in 
section 
402(c), 
402A(c)(3)(A), 
403(a)(4), 
403(b)(8), or 457(e)(16). 
‘‘(2) COORDINATION WITH LIMITATION ON IRA 
ROLLOVERS.—For purposes of section 408(d)(3)(B), 
there shall be disregarded any qualified rollover con-
tribution from an individual retirement plan (other 
than a retirement savings account) to a retirement 
savings account. 
‘‘(f) INDIVIDUAL RETIREMENT PLAN.—For purposes 
of this section— 
‘‘(1) a simplified employee pension or a simple 
retirement account may not be designated as a re-
tirement savings account; and
‘‘(2) contributions to any such pension or ac-
count shall not be taken into account for purposes 
of subsection (c)(1). 
‘‘(g) COMPENSATION.—For purposes of this section, 
the term ‘compensation’ includes earned income (as de-
fined in section 401(c)(2)). Such term does not include 
any amount received as a pension or annuity and does not 
include any amount received as deferred compensation. 
Such term shall include any amount includible in the indi-
vidual’s gross income under section 71 with respect to a 
divorce or separation instrument described in section 
71(b)(2)(A). For purposes of this subsection, section 
401(c)(2) shall be applied as if the term trade or business 
for purposes of section 1402 included service described in 
section 1402(c)(6).’’. 
(b) ROTH IRAS TREATED AS RETIREMENT SAVINGS 
ACCOUNTS.—In the case of any taxable year beginning 
after December 31, 2004, any Roth IRA (as defined in 
section 408A(b) of the Internal Revenue Code of 1986, 
as in effect on the day before the date of the enactment 
of this Act) shall be treated for purposes of such Code 
as having been designated at the time of the establishment 
of the plan as a retirement savings account under section 
408A(b) of such Code (as amended by this section).
(c) CONTRIBUTIONS TO OTHER INDIVIDUAL RETIRE-
MENT PLANS PROHIBITED.— 
(1) INDIVIDUAL
RETIREMENT
ACCOUNTS.— 
Paragraph (1) of section 408(a) is amended to read 
as follows: 
‘‘(1) Except in the case of a simplified employee 
pension, a simple retirement account, or a rollover 
contribution described in subsection (d)(3) or in sec-
tion 402(c), 403(a)(4), 403(b)(8), or 457(e)(16), no 
contribution will be accepted on behalf of any indi-
vidual for any taxable year beginning after Decem-
ber 31, 2004. In the case of any simplified employee 
pension or simple retirement account, no contribu-
tion will be accepted unless it is in cash and con-
tributions will not be accepted for the taxable year 
on behalf of any individual in excess of— 
‘‘(A) in the case of a simplified employee 
pension, the amount of the limitation in effect 
under section 415(c)(1)(A), and 
‘‘(B) in the case of a simple retirement ac-
count, the sum of the dollar amount in effect 
under subsection (p)(2)(A)(ii) and the employer 
contribution 
required 
under 
subparagraph 
(A)(iii) or (B)(i) of subsection (p)(2).’’.
(2) INDIVIDUAL
RETIREMENT
ANNUITIES.— 
Paragraph (2) of section 408(b) is amended— 
(A) by redesignating subparagraphs (A), 
(B), and (C) as subparagraphs (B), (C), and 
(D), respectively, and by inserting before sub-
paragraph (B), as so redesignated, the following 
new subparagraph: 
‘‘(A) except in the case of a simplified em-
ployee pension, a simple retirement account, or 
a rollover contribution described in subsection 
(d)(3) 
or 
in 
section 
402(c), 
403(a)(4), 
403(b)(8), or 457(e)(16), a premium shall not 
be accepted on behalf of any individual for any 
taxable year beginning after December 31, 
2004,’’, and 
(B) by amending subparagraph (C), as re-
designated by subparagraph (A), to read as fol-
lows: 
‘‘(C) the annual premium on behalf of any 
individual will not exceed— 
‘‘(i) in the case of a simplified em-
ployee pension, the amount of the limita-
tion in effect under section 415(c)(1)(A), 
and
‘‘(ii) in the case of a simple retire-
ment account, the sum of the dollar 
amount 
in 
effect 
under 
subsection 
(p)(2)(A)(ii) and the employer contribution 
required under subparagraph (A)(iii) or 
(B)(i) of subsection (p)(2), and’’. 
(d) CONFORMING AMENDMENTS.— 
(1)(A) Section 219 is amended to read as fol-
lows: 
‘‘SEC. 219. CONTRIBUTIONS TO CERTAIN RETIREMENT 
PLANS ALLOWING ONLY EMPLOYEE CON-
TRIBUTIONS. 
‘‘(a) ALLOWANCE OF DEDUCTION.—In the case of an 
individual, there shall be allowed as a deduction the 
amount contributed on behalf of such individual to a plan 
described in section 501(c)(18). 
‘‘(b) MAXIMUM
AMOUNT
OF
DEDUCTION.—The 
amount allowable as a deduction under subsection (a) to 
any individual for any taxable year shall not exceed the 
lesser of— 
‘‘(1) $7,000, or 
‘‘(2) an amount equal to 25 percent of the com-
pensation (as defined in section 415(c)(3)) includible 
in the individual’s gross income for such taxable 
year.
‘‘(c) BENEFICIARY MUST BE UNDER AGE 701⁄2.— 
No deduction shall be allowed under this section with re-
spect to any contribution on behalf of an individual if such 
individual has attained age 701⁄2 before the close of such 
individual’s taxable year for which the contribution was 
made. 
‘‘(d) SPECIAL RULES.— 
‘‘(1) MARRIED
INDIVIDUALS.—The maximum 
deduction under subsection (b) shall be computed 
separately for each individual, and this section shall 
be applied without regard to any community prop-
erty laws. 
‘‘(2) REPORTS.—The Secretary shall prescribe 
regulations which prescribe the time and the manner 
in which reports to the Secretary and plan partici-
pants shall be made by the plan administrator of a 
qualified employer or government plan receiving 
qualified voluntary employee contributions. 
‘‘(e) CROSS REFERENCE.—For failure to provide re-
quired reports, see section 6652(g).’’. 
(B) Section 25B(d) is amended— 
(i) in paragraph (1)(A), by striking ‘‘(as 
defined in section 219(e))’’, and 
(ii) by adding at the end the following new 
paragraph:
‘‘(3) 
QUALIFIED
RETIREMENT
CONTRIBU-
TION.—The term ‘qualified retirement contribution’ 
means— 
‘‘(A) any amount paid in cash for the tax-
able year by or on behalf of an individual to an 
individual retirement plan for such individual’s 
benefit, and 
‘‘(B) any amount contributed on behalf of 
any individual to a plan described in section 
501(c)(18).’’. 
(C) Section 86(f)(3) is amended by striking 
‘‘section 219(f)(1)’’ and inserting ‘‘section 408A(g)’’. 
(D) Section 132(m)(3) is amended by inserting 
‘‘(as in effect on the day before the date of the en-
actment of the Retirement Savings Account Act)’’ 
after ‘‘section 219(g)(5)’’. 
(E) Subparagraphs (A), (B), and (C) of section 
220(d)(4) are each amended by inserting ‘‘, as in ef-
fect on the day before the date of the enactment of 
the Retirement Savings Account Act’’ at the end. 
(F) Section 408(b) is amended in the last sen-
tence by striking ‘‘section 219(b)(1)(A)’’ and insert-
ing ‘‘paragraph (2)(C)’’. 
(G) Section 408(p)(2)(D)(ii) is amended by in-
serting ‘‘(as in effect on the day before the date of
the enactment of the Retirement Savings Account 
Act)’’ after ‘‘section 219(g)(5)’’. 
(H) Section 501(c)(18)(D)(i) is amended by 
striking ‘‘section 219(b)(3)’’ and inserting ‘‘section 
219(b)’’. 
(I) Section 6652(g) is amended by striking 
‘‘section 
219(f)(4)’’ 
and 
inserting 
‘‘section 
219(d)(2)’’. 
(J) The table of sections for part VII of sub-
chapter B of chapter 1 is amended by striking the 
item relating to section 219 and inserting the fol-
lowing new item: 
‘‘Sec. 219. Contributions to certain retirement plans allowing only employee 
contributions.’’. 
(2)(A) Section 408(d)(4)(B) is amended to read 
as follows: 
‘‘(B) no amount is excludable from gross 
income under subsection (h) or (k) of section 
402 with respect to such contribution, and’’. 
(B) Section 408(d)(5)(A) is amended to read as 
follows: 
‘‘(A) IN GENERAL.—In the case of any in-
dividual, if the aggregate contributions (other 
than rollover contributions) paid for any taxable 
year to an individual retirement account or for 
an individual retirement annuity do not exceed
the dollar amount in effect under subsection 
(a)(1) or (b)(2)(C), as the case may be, para-
graph (1) shall not apply to the distribution of 
any such contribution to the extent that such 
contribution exceeds the amount which is ex-
cludible from gross income under subsection (h) 
or (k) of section 402, as the case may be, for 
the taxable year for which the contribution was 
paid— 
‘‘(i) if such distribution is received 
after the date described in paragraph (4), 
‘‘(ii) but only to the extent that such 
excess contribution has not been excluded 
from gross income under subsection (h) or 
(k) of section 402.’’. 
(C) Section 408(d)(5) is amended by striking 
the last sentence. 
(D) Section 408(d)(7) is amended to read as 
follows: 
‘‘(7) CERTAIN
TRANSFERS
FROM
SIMPLIFIED 
EMPLOYEE PENSIONS PROHIBITED UNTIL DEFERRAL 
TEST MET.—Notwithstanding any other provision of 
this subsection or section 72(t), paragraph (1) and 
section 72(t)(1) shall apply to the transfer or dis-
tribution from a simplified employee pension of any
contribution under a salary reduction arrangement 
described in subsection (k)(6) (or any income allo-
cable thereto) before a determination as to whether 
the requirements of subsection (k)(6)(A)(iii) are met 
with respect to such contribution.’’. 
(E) Section 408 is amended by striking sub-
section (j). 
(F)(i) Section 408 is amended by striking sub-
section (o). 
(ii) Section 6693 is amended by striking sub-
section (b) and by redesignating subsections (c) and 
(d) as subsections (b) and (c), respectively. 
(G) Section 408(p) is amended by striking 
paragraph (8) and by redesignating paragraphs (9) 
and (10) as paragraphs (8) and (9), respectively. 
(3)(A) Section 4973(a)(1) is amended to read 
as follows: 
‘‘(1) an individual retirement plan,’’. 
(B) Section 4973(b) is amended to read as fol-
lows: 
‘‘(b) EXCESS CONTRIBUTIONS TO SIMPLIFIED EM-
PLOYEE
PENSIONS
AND
SIMPLE
RETIREMENT
AC-
COUNTS.—For purposes of this section, in the case of sim-
plified employee pensions or simple retirement accounts, 
the term ‘excess contributions’ means the sum of—
‘‘(1) the excess (if any) of— 
‘‘(A) the amount contributed for the tax-
able year to the pension or account, over 
‘‘(B) the amount applicable to the pension 
or account under subsection (a)(1) or (b)(2) of 
section 408, and 
‘‘(2) the amount determined under this sub-
section for the preceding taxable year, reduced by 
the sum of— 
‘‘(A) the distributions out of the account 
for the taxable year which were included in the 
gross income of the payee under section 
408(d)(1), 
‘‘(B) the distributions out of the account 
for the taxable year to which section 408(d)(5) 
applies, and 
‘‘(C) the excess (if any) of the maximum 
amount excludible from gross income for the 
taxable year under subsection (h) or (k) of sec-
tion 402 over the amount contributed to the 
pension or account for the taxable year. 
For purposes of this subsection, any contribution which 
is distributed from a simplified employee pension or simple 
retirement account in a distribution to which section
408(d)(4) applies shall be treated as an amount not con-
tributed.’’. 
(C) Section 4973 is amended by adding at the 
end the following new subsection: 
‘‘(h) EXCESS CONTRIBUTIONS
TO CERTAIN INDI-
VIDUAL RETIREMENT PLANS.—For purposes of this sec-
tion, in the case of individual retirement plans (other than 
retirement savings accounts, simplified employee pensions, 
and simple retirement accounts), the term ‘excess con-
tribution’ means the sum of— 
‘‘(1) the aggregate amount contributed for the 
taxable year to the individual retirement plans, and 
‘‘(2) the amount determined under this sub-
section for the preceding taxable year, reduced by 
the sum of— 
‘‘(A) the distributions out of the plans 
which were included in gross income under sec-
tion 408(d)(1), and 
‘‘(B) the distributions out of the plans for 
the taxable year to which section 408(d)(5) ap-
plies. 
For purposes of this subsection, any contribution which 
is distributed from the plan in a distribution to which sec-
tion 408(d)(4) applies shall be treated as an amount not 
contributed.’’.
(4)(A) 
Sections 
402(c)(8)(B), 
402A(c)(3)(A)(ii), 3405(e)(1)(B), and 4973(f) are 
each amended by striking ‘‘Roth IRA’’ each place it 
appears and inserting ‘‘retirement savings account’’. 
(B) Section 4973(f)(1)(A) is amended by strik-
ing ‘‘Roth IRAs’’ and inserting ‘‘retirement savings 
accounts’’. 
(C) Paragraphs (1)(B) and (2)(B) of section 
4973(f) are each amended by striking ‘‘sections 
408A(c)(2) and and (c)(3)’’ and inserting ‘‘section 
408A(c)(1)’’. 
(D) Subsection (f) of section 4973 is amended 
in the heading by striking ‘‘ROTH IRAS’’ and insert-
ing ‘‘RETIREMENT SAVINGS ACCOUNTS’’. 
(e) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2004. 
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