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United States · Bill · HR

H.R. 5031 (111th)

Young Savers' Tax Credit Act of 2010

referredUnited States· United States Congress· EN

Introduced

15 April 2010

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Young Savers' Tax Credit Act of 2010 - Amends the Internal Revenue Code to allow a $500 annual tax credit for contributions to retirement plans by individuals who are age 30 or younger. Requires such contributions to equal at least 1% of such individuals' compensation.

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Documents

3 official files

Introduced in House (text)

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Sources

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