H.R. 4361 · 111th Congress
Save More for Your Own Retirement Act of 2009
- Stage
- In committee
- Sponsor
- John Campbell
- Introduced
- 2009-12-16
- Latest action
- 2009-12-16 · Introduced in House
Summary
Save More for Your Own Retirement Act of 2009 - Amends the Internal Revenue Code to: (1) eliminate contribution limitations to tax-exempt retirement plans; and (2) increase from 10 to 25% the penalty for premature distributions from such plans that are attributable to contributions made after 2009.