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United States · Bill · S

S. 242 (99th)

A bill entitled "The Equal Opportunity Retirement Act of 1984".

openUnited States· United States Congress· EN

Introduced

22 January 1985

Last action

Status

Committee on Finance requested executive comment from OMB, Treasury Department.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Internal Revenue Code to increase the maximum tax deduction allowed for amounts contributed to retirement savings plans by a married couple where one spouse has no earned income from $2,250 to $4,000. Increases the maximum deduction allowed for certain divorced individuals from $1,125 to $2,000.

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Documents

1 official file

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Sources

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