H.R. 2942
Referred to CommitteeTo amend the Internal Revenue Code of 1986 to increase the catch-up contribution limit for retirement plans of participants age 62 through 64.
Introduced 4/30/2021•117th Congress•House
Latest Action
Referred to the House Committee on Ways and Means.
4/30/2021 • House
Summary
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.
Introduced in House • 4/30/2021
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Topics & Subjects
Policy Area: Taxation
Employee benefits and pensionsIncome tax deferralIncome tax exclusionInflation and prices
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Related Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
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Cosponsors (1)
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Bill Journey
Originated in the House
Introduced
April 30, 2021
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House4/30/2021