HR 5558 · 107th Congress · Taxation

Retirement Savings and Security Act of 2002

Introduced 2002-10-07· Sponsored by Rep. Thomas, William M. [R-CA-21]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 457.(2002-10-10)

Plain Language Summary

[AI summary unavailable — showing source text] Retirement Savings and Security Act of 2002 - Amends the Internal Revenue Code to accelerate, to 2003, increases: (1) to the $5,000 deductible IRA limit; and (2) to the $15,000 pension plan contribution limit. Increases incrementally, from the current of age 70 1/2 to age 75 starting in 2007, the required beginning date for distributions from qualified plans.…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 5558, Retirement Savings and Security Act of 2002

Oct 9, 2002

<p>Cost estimate for the bill as ordered reported by the House Committee on Ways and Means on October 8, 2002</p>

Full CBO report ↗

H.R. 5558, Retirement Savings and Security Act of 2002

Oct 9, 2002

Cost estimate for the bill as ordered reported by the House Committee on Ways and Means on October 8, 2002

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office