H.R.1800 - Social Security Overhaul bill

To provide for the establishment and maintenance of personal Social Security investment accounts under the Social Security system. view all titles (4)

All Bill Titles

  • Popular: Social Security Overhaul bill as .
  • Popular: Social Security Overhaul bill.
  • Short: Retirement Security Act of 2005 as introduced.
  • Official: To provide for the establishment and maintenance of personal Social Security investment accounts under the Social Security system. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
04/21/05
 
 
 
 
 
 
 

Official Summary

Retirement Security Act of 2005 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to create a new part B (Individual Retirement Investment Program) providing for personal Social Security investment accounts (investment accounts) for certain new Socia

Official Summary

Retirement Security Act of 2005 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to create a new part B (Individual Retirement Investment Program) providing for personal Social Security investment accounts (investment accounts) for certain new Social Security account holders. Amends the Social Security Amendments of 1983 and the Internal Revenue Code to provide for financing of Government contributions to investment accounts and for the tax treatment of individual retirement investment program and personal Social Security investment accounts.

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