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United States · Bill · S

S. 492 (115th)

Servicemember Retirement Improvement Act

referredUnited States· United States Congress· EN

Introduced

2 March 2017

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1580)

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Servicemember Retirement Improvement Act This bill amends the Internal Revenue Code to allow members of the Ready Reserve of a reserve component of the Armed Forces to make the maximum allowable contribution ($18,000 in 2017) to their Thrift Savings Plans (TSPs) without limiting the amount such members may contribute to a retirement plan based upon other employment. The bill also doubles the maximum allowable contribution amount to the TSPs of federal employees in the Ready Reserve who are not eligible to make contributions to any plan other than the TSP.

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Documents

3 official files

Introduced in Senate (text)

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