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Servicemember Retirement Improvement Act
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vs 3,548 other S bills in the 114th — cohort avg 43d
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.
Read twice and referred to the Committee on Finance. (text of measure as introduced in the Senate: CR S6709)
Introduced in Senate
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Sources: Congress.gov