H.R. 2942 · 117th Congress
To amend the Internal Revenue Code of 1986 to increase the catch-up contribution limit for retirement plans of participants age 62 through 64.
- Stage
- In committee
- Sponsor
- David Schweikert
- Introduced
- 2021-04-30
- Latest action
- 2021-04-30 · Introduced in House
Summary
This bill increases the amount of the catch-up contribution available to participants in certain tax-exempt retirement plans who have attained age 62, 63, or 64.