Retirement Security for Life Act of 2009

Summary

Retirement Security for Life Act of 2009 - Amends the Internal Revenue Code to allow an exclusion from gross income for 50 percent of the amount otherwise includible in gross income as guaranteed payments from certain annuity or life insurance contracts. Limits the amount of such exclusion to $20,000 in any taxable year. Provides for an inflation adjustment of the $20,000 limitation beginning in 2011.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 18 June 2009

   Introduced

   Sponsor introductory remarks on measure. (CR S6814-6815)

   Source: IntroReferral

2. 18 June 2009

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 18 June 2009

   Introduced

   Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6815-6816)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 18 June 2009 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 18 June 2009

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 18 June 2009

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 18 June 2009

  Open at official source

Sponsors

• Sen. Conrad, Kent [D-ND] · D · Sponsor
• Rep. Roberts, Pat [R-KS-1] · R · Sponsor
• Sen. Lieberman, Joseph I. [D-CT] · ID · Cosponsor
• Rep. Johnson, Tim [D-SD-At Large] · D · Cosponsor
• Sen. Isakson, Johnny [R-GA] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Retirement Security Needs Lifetime Pay Act of 2009