H.R.5875: SAVE Act of 2014

About This Bill

Bill Sponsor

Bill Cosponsor

Bill Summary

Small Businesses Add Value for Employees Act of 2014 or the SAVE Act of 2014 - Amends the Internal Revenue Code, with respect to employer-established simple individual retirement accounts (IRAs) and pension plans, to: repeal restrictions on rollovers from simple IRAs to qualified retirement plans; allow employers to elect to terminate simple IRAs at any time during the year; repeal the increased 25% penalty on premature distributions...

(Source: Library of Congress)

Bill Actions

Date Description
Dec. 11, 2014
Referred to House Education and the Workforce
Dec. 11, 2014
Referred to House Ways and Means
Dec. 11, 2014

Introduced in the House by Ron Kind (D-Wis.)

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