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H.R. 4381

BillFederalHouseIn Committee
Servicemember Retirement Improvement Act
About This Bill
Committee
Latest Action · January 13, 2016
Referred to the House Committee on Ways and Means.
Congress
114th (2015–2017)
Introduced
January 13, 2016
Cosponsors (55)
9D 46R
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Summary

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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.

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