HR 518 · 108th Congress · Labor and Employment

Retirement Account Portability Improvement Act of 2003

Introduced 2003-01-31· Sponsored by Rep. Pomeroy, Earl [D-ND-At Large]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Employer-Employee Relations.(2003-03-03)

Plain Language Summary

[AI summary unavailable — showing source text] Retirement Account Portability Improvement Act of 2003 - Amends the Internal Revenue Code to increase portability among retirement plans by, among other things: (1) increasing rollover opportunities; (2) providing for faster vesting of employer nonelective contributions; and (3) elimination of the higher penalty on certain SIMPLE distributions.…

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

Cosponsors (3)

3 Democrats
Rep. Jones, Stephanie Tubbs [D-OH-11]OH
Rep. Frost, Martin [D-TX-24]TX
Rep. Case, Ed [D-HI-2]HI