A bill to increase the maximum amount which may be deducted from gross income for retirement savings to $2,500 for a single individual and $5,000 for a married couple.

referredUnited States· United States Congress· EN

Introduced

24 January 1985

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to increase the maximum amount which may be deducted from gross income for retirement savings to $2,500 for a single individual and $5,000 for a married couple.

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Documents

1 official file

Introduced in House
summary · EN · 24 January 1985
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/99th-congress/house-bill/719
Open data entity: https://api.congress.gov/v3/bill/99/hr/719