Servicemember Retirement Improvement Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Dec 5, 2016)
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.
What just happenedDec 5, 2016
Read twice and referred to the Committee on Finance. (text of measure as introduced in the Senate: CR S6709)
Who’s behind it
- Introduced in SenateDec 5, 2016
- Dec 5, 2016IntroReferral
Read twice and referred to the Committee on Finance. (text of measure as introduced in the Senate: CR S6709)
Finance Committee - Dec 5, 2016IntroReferral10000
Introduced in Senate