HR 2942 · 117th Congress · Taxation

To amend the Internal Revenue Code of 1986 to increase the catch-up contribution limit for retirement plans of participants age 62 through 64.

Introduced 2021-04-30· Sponsored by Rep. Schweikert, David [R-AZ-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-04-30)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (1)

1 Republican
Rep. Lesko, Debbie [R-AZ-8]AZ