United States · Bill · S
S. 3197 (115th)
SIMPLE Plan Modernization Act
Introduced
11 July 2018
Last action
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Status
Read twice and referred to the Committee on Finance. (sponsor introductory remarks on measure: CR S4917-4918)
Sponsors
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Subjects
Discovery layer
Source updated
11 August 2025
Summary
SIMPLE Plan Modernization Act This bill modifies the requirements for SIMPLE (Savings Incentive Match Plan for Employees) Individual Retirement Accounts (IRAs), which are tax-favored retirement accounts that small businesses may provide to employees. The bill increases the contribution limits for certain SIMPLE IRAs and modifies the requirements for replacing SIMPLE IRAs with 401(k) plans.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 11 July 2018
Introduced in Senate (PDF)
Introduced in Senate · EN · 11 July 2018
Introduced in Senate
summary · EN · 11 July 2018
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/115th-congress/senate-bill/3197
- Open data entity: https://api.congress.gov/v3/bill/115/s/3197