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United States · Bill · HR

H.R. 5558 (107th)

Retirement Savings and Security Act of 2002

openUnited States· United States Congress· EN

Introduced

7 October 2002

Last action

Status

Placed on the Union Calendar, Calendar No. 457.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Retirement Savings and Security Act of 2002 - Amends the Internal Revenue Code to accelerate, to 2003, increases: (1) to the $5,000 deductible IRA limit; and (2) to the $15,000 pension plan contribution limit. Increases incrementally, from the current of age 70 1/2 to age 75 starting in 2007, the required beginning date for distributions from qualified plans.

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Documents

6 official files

Reported in House (text)

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