Encouraging Americans to Save Act

Summary

Official

Encouraging Americans to Save Act This bill sets forth provisions to provide matching payments for retirement savings and Individual Retirement Account (IRA) contributions for individuals who have attained age 18, excluding dependents and full-time students. Specifically, it allows an enhanced 50% tax credit, up to $3,000, for deductible retirement savings contributions and for...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(6/30/20)

Committee

Passed House

Passed Senate

President

Law