House Bill 2942
117th Congress(2021-2022)
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
Introduced in House on Apr 30, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2942
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
David Schweikert
grade
Arizona
Arizona
No House votes have been held for this bill.
Summary
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.
April 30, 2021
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04/30/2021
Referred to the House Committee on Ways and Means.
04/30/2021
Introduced in House
Public Record
Record Updated
Mar 8, 2023 8:26:37 PM