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H.R. 2240

BillFederalHouseIn Committee
Catch-Up Lost Retirement Savings Act
About This Bill
Committee
Latest Action · May 22, 2003
Referred to the House Committee on Ways and Means.
Congress
108th (2003–2005)
Introduced
May 22, 2003
Cosponsors (3)
2D 1R
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Summary

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Catch-Up Lost Retirement Savings Act - Amends the Internal Revenue Code to allow, until December 31, 2007, an individual who participated in a retirement plan under which the employer matched at least 50 percent of the employee's contribution with the employer's stock and whose employer filed for bankruptcy and was subject to a related prosecution resulting from business transactions to make three times the otherwise applicable deductible retirement contributions and to receive a credit for 50 percent for such contributions.

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