S.3496: Servicemember Retirement Improvement Act

About This Bill

Bill Cosponsor

Bill Summary

Servicemember Retirement Improvement Act This bill amends the Internal Revenue Code to allow members of the Ready Reserve of a reserve component of the Armed Forces to make the maximum allowable contribution ($18,000 in 2016) to their Thrift Savings Plans without limiting the amount such members may contribute to a retirement plan based upon other employment. The bill also doubles the maximum allowable contribution amount to the Thrift...

(Source: Library of Congress)

Bill Actions

Date Description
Dec. 5, 2016
Read twice and referred to the Committee on Finance. (text of measure as introduced in the Senate: CR S6709)
Dec. 5, 2016

Introduced in the Senate by John Cornyn (R-Texas)

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