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H.R. 4381

Servicemember Retirement Improvement Act

Servicemember Retirement Improvement Act

This bill amends the Internal Revenue Code to allow members of the Ready Reserve of a reserve component of the Armed Forces to make the maximum allowable contribution ($18,000 in 2016) to their Thrift Savings Plans without limiting the amount such members may contribute to a retirement plan based upon other employment. The bill also doubles the maximum allowable contribution amount to the Thrift Savings Plans of federal employees in the Ready Reserve.

Referred to the House Committee on Ways and Means.

Rep. Johnson, Sam [R-TX-3](R-TX)Sponsor
55 cosponsors9 D46 R
55cosponsors1committees3actions1related bills5subjects
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    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

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    Introduced in House

Servicemember Retirement Improvement Act — Informed