joint return for the taxable year, and (II) whose compensation includible in gross income for the taxable year is less than the compensation of such individual’s spouse includible in gross income for the taxable year. (D) Cost-of-living adjustment In the case of any taxable year beginning in a calendar year after 2019, the $2,500 amount under subparagraph (A)(i) shall be increased by an amount equal to— (i) such dollar amount, multiplied by (ii) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year, determined by substituting calendar year 2018 for calendar year 2016 in subparagraph (A)(ii) thereof. If any amount after adjustment under the preceding sentence is not a multiple of $100, such amount shall be rounded to the next lower multiple of $100. (d) Qualified rollover contribution For purposes of this section, the term qualified rollover contribution means a contribution to a Universal Savings Account from another such account of the same individual, but only if such amount is contributed not later than the 60th day after the distribution from such other account. (e) Treatment of account upon death Upon death of any account holder of a Universal Savings Account— (1) Spouse In the case of the account holder’s surviving spouse acquiring such account holder’s interest in such account by reason of the death of the account holder, such account shall be treated as if the spouse were the account holder. (2) Other cases In any other case— (A) all amounts in such account shall be treated as distributed on the date of such individual’s death, and (B) such account shall cease to be treated as a Universal Savings Account. (f) Other special rules (1) Community property laws This section shall be applied without regard to any community property laws. (2) Loss of taxation exemption of account where individual engages in prohibited transaction