HR 4123 · 105th Congress · Labor and Employment

Retirement Savings Assistance Act

Introduced 1998-06-24· Sponsored by Rep. Weller, Jerry [R-IL-11]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1998-06-24)

Plain Language Summary

[AI summary unavailable — showing source text] Retirement Savings Assistance Act - Amends the Internal Revenue Code to: (1) permit specified additional pension contributions for an individual who has attained the age of 35 (but not the age of 50), and who was not a plan participant during the previous five years, until such individual attains the age of 50; and (2) increase the dollar and repeal the 25 percent defined contribution plan limits.…

Summarized by Claude AI · Non-partisan · For informational purposes only