These regulations will provide guidance, including updates for statutory changes enacted since the issuance of the current regulations, under sections 408 and 408A of the Internal Revenue Code relating to individual retirement accounts and individual retirement annuities (collectively, IRAs), including Roth IRAs. The guidance will address multiple topics, including: (1) the requirements for traditional IRAs, Roth IRAs, SEP IRAs, SIMPLE IRAs, and deemed IRAs established under qualified employer plans; (2) the treatment of contributions to, and distributions from, an IRA; (3) deductibility rules for IRAs under section 219; and (4) taxes on excess contribution to an IRA under section 4973.