H.R.6472 - Savings for American Families' Future Act of 2012

To amend the Internal Revenue Code of 1986 to expand the availability of the saver's credit, to make the credit refundable, and to make Federal matching contributions into the retirement savings of the taxpayer. view all titles (2)

All Bill Titles

  • Short: Savings for American Families' Future Act of 2012 as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to expand the availability of the saver's credit, to make the credit refundable, and to make Federal matching contributions into the retirement savings of the taxpayer. as introduced.

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Introduced
 
House
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Senate
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President
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09/19/12
 
 
 
 
 
 
 

Sponsor

Representative

Richard Neal

D-MA

View Co-Sponsors (5)

Official Summary

9/20/2012--Introduced.Savings for American Families' Future Act of 2012 - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for retirement savings contributions, (2) make such credit refundable, and (3) direct the Secretary of the Treasury to pay matching cr

Official Summary

9/20/2012--Introduced.Savings for American Families' Future Act of 2012 - Amends the Internal Revenue Code to:
(1) increase the rate of the tax credit for retirement savings contributions,
(2) make such credit refundable, and
(3) direct the Secretary of the Treasury to pay matching credit amounts into taxpayer retirement accounts.

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