HR 4361 · 111th Congress · Taxation

Save More for Your Own Retirement Act of 2009

Introduced 2009-12-16· Sponsored by Rep. Campbell, John [R-CA-48]· 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.(2009-12-16)

Plain Language Summary

[AI summary unavailable — showing source text] Save More for Your Own Retirement Act of 2009 - Amends the Internal Revenue Code to: (1) eliminate contribution limitations to tax-exempt retirement plans; and (2) increase from 10 to 25% the penalty for premature distributions from such plans that are attributable to contributions made after 2009.…

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