I forgot to add this:
Language from the Graduate Student Savings Act, which FASEB endorsed, was incorporated into the SECURE Act of 2019, eventually becoming law in December 2019. This change in Public Law 116–94, defines fellowship stipend payments for graduate students and postdoctoral researchers as compensation for the purpose of contributing to an individual retirement arrangement (IRA) account. Prior to this language being incorporated into law, fellowship monies were largely ineligible to be contributed to an IRA.
https://www.faseb.org/journals-and-news/washington-update/irs-clarifies-guidance-for-fellowship-stip...
