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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (1)

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To suspend the contribution limitations for certain tax-preferred retirement accounts.


Actions Overview (1)

Date Actions Overview
04/21/2020Introduced in House

All Actions (2)

Date All Actions
04/21/2020Referred to the House Committee on Ways and Means.
Action By: House of Representatives
04/21/2020Introduced in House
Action By: House of Representatives

Cosponsors (11)


Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Ways and Means04/21/2020 Referred to

As of 12/11/2020 no related bill information has been received for H.R.6562 - SAVERS Act


Subjects (5)


Latest Summary (1)

There is one summary for H.R.6562. View summaries

Shown Here:
Introduced in House (04/21/2020)

Securing Additional Value for Every Retirement Saver Act or the SAVERS Act

This bill increases contribution limits to certain tax-preferred retirement plans in taxable years beginning in 2020 by the lesser of 300% or the compensation of the plan participant that is includible in gross income. For purposes of determining the compensation of plan participants, the bill allows an election to use compensation for 2019 in lieu of 2020.