Summary: H.R.4381 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.4381. Bill summaries are authored by CRS.

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Introduced in House (01/13/2016)

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 2016) to their Thrift Savings Plans 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 Thrift Savings Plans of federal employees in the Ready Reserve.