H.R.1961 - Savings for American Families' Future Act of 2009

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

  • 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.
  • Short: Savings for American Families' Future Act of 2009 as introduced.

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Introduced
 
House
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Senate
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President
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04/02/09
 
 
 
 
 
 
 

Official Summary

Savings for American Families' Future Act of 2009 - 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 taxpa

Official Summary

Savings for American Families' Future Act of 2009 - 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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