Summary: S.629 — 108th Congress (2003-2004)All Information (Except Text)

There is one summary for S.629. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (03/17/2003)

Catch-Up Lost Retirement Savings Act - Amends the Internal Revenue Code to allow, until December 31, 2007, an individual who participated in a retirement plan under which the employer matched at least 50 percent of the employee's contribution with the employer's stock and whose employer filed for bankruptcy and was subject to a related prosecution resulting from business transactions to make three times the otherwise applicable deductible retirement contributions and to receive a credit for 50 percent for such contributions.