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HOUSE 2942117th CongressReferred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to increase the catch-up contribution limit for retirement plans of participants age 62 through 64.

Last Action
4/30/2021

Actions

  • 2021-04-30Referred to the House Committee on Ways and Means.
  • 2021-04-30Introduced in House
  • 2021-04-30Introduced in House

CRS Summary

As of 2021-04-30 (00)

This bill increases the amount of the catch-up contribution available to participants in certain tax-exempt retirement plans who have attained age 62, 63, or 64.

Cosponsors (1)

  • Debbie Lesko (R-AZ)

Subjects

  • Employee benefits and pensions
  • Income tax deferral
  • Income tax exclusion
  • Inflation and prices
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.