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United States · Bill · S

S. 2026 (101st)

Social Security Benefits Enhancement Act

referredUnited States· United States Congress· EN

Introduced

25 January 1990

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Social Security Benefits Enhancement Act - Amends the Internal Revenue Code to establish social security family savings plan accounts under provisions governing pension, profit-sharing, and stock bonus plans. Allows special purpose distributions from such accounts for first-time homebuyers and higher education expenses. Reduces social security employment taxes by the amount of employee and employer contributions to such accounts.

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Documents

2 official files

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Sources

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