Automatic IRA Act of 2007
A bill to amend the Internal Revenue Code of 1986 to allow employees not covered by qualified retirement plans to save for retirement through automatic payroll deposit IRAs, to facilitate similar saving by the self-employed, and for other purposes.
Other Bill Titles (2 more) 4/18/2007--Introduced.
Automatic IRA Act of 2007 - Amends the Internal Revenue Code to:
(1) require certain small employers who do not offer qualified retirement plans or arrangements to their employees to allow eligible employees to participate in a payroll deposit indivi... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by Senate | ![]() | Voted on by House | ![]() | Considered By President | ![]() | Bill Becomes Law |
| April 18, 2007 |
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Blog Coverage
May 03, 2007 AARP Supports Auto IRA Bill Introduced in House
... House of Representatives to provide for automatic IRAs in the workplace. The legislation is a companion bill to that introduced recently in the Senate by Senators Jeff Bingaman (D-NM) and Gordon Smith (R-OR). The Senate bill is S.1141.
Source: Senior Prescription Savings
April 17, 2007 Bill Action: Introduced: S. 1141: A bill to amend the Internal ...
Jeff Bingaman [D-NM] introduced S. 1141: A bill to amend the Internal Revenue Code of 1986 to allow employees not covered by qualified retirement plans to save for retirement through automatic payroll deposit IRAs, to facilitate similar ...
Source: GovTrack.us Monitored Events








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