S. 4297 · 116th Congress

Addressing Missed-savings Opportunities for Retirement due to an Epidemic Act

Stage
In committee
Sponsor
Ted Cruz
Introduced
2020-07-23
Latest action
2020-07-23 · Introduced in Senate

Summary

Addressing Missed-savings Opportunities for Retirement due to an Epidemic Act or the AMORE Act

This bill allows a participant in a tax-preferred pension plan or individual retirement plan to make additional contributions to such plans for any taxable year beginning in 2021 or 2022 in an amount not exceeding the participant's unused 2020 contribution amount.