H.R. 1961 · 111th Congress

Savings for American Families' Future Act of 2009

Stage
In committee
Introduced
2009-04-02
Latest action
2009-04-02 · Introduced in House

Summary

Savings for American Families' Future Act of 2009 - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for retirement savings contributions; (2) make such credit refundable; and (3) direct the Secretary of the Treasury to pay matching credit amounts into taxpayer retirement accounts.