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Graduate Student Savings Act of 2019

USA116th CongressHR-1194| House 
| Updated: 2/13/2019
Joseph P. Kennedy

Joseph P. Kennedy

Democratic Representative

Massachusetts

Cosponsors (11)
Jim Banks (Republican)Sheila Jackson Lee (Democratic)Debbie Dingell (Democratic)Scott H. Peters (Democratic)Ann M. Kuster (Democratic)Josh Harder (Democratic)James P. McGovern (Democratic)William R. Keating (Democratic)Brian K. Fitzpatrick (Republican)Seth Moulton (Democratic)Alcee L. Hastings (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Graduate Student Savings Act of 201 9 This bill allows funds paid to an individual to aid in the pursuit of graduate or postdoctoral study or research to be saved in an Individual Retirement Account (IRA). The bill permits the funds to be considered compensation for purposes of current law provisions that limit annual deductible IRA contributions to the lesser of (1) the deductible amount permitted under current law, or (2) the compensation includible in the individual's gross income for the year.
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Timeline
Feb 12, 2019

Latest Companion Bill Action

S 116-448
Introduced in Senate
Feb 13, 2019
Introduced in House
Feb 13, 2019
Referred to the House Committee on Ways and Means.
  • February 12, 2019

    Latest Companion Bill Action

    S 116-448
    Introduced in Senate


  • February 13, 2019
    Introduced in House


  • February 13, 2019
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • HR 116-1084: Family Savings Act of 2019
  • S 116-448: Graduate Student Savings Act of 2019
  • HR 116-1007: Retirement Enhancement and Savings Act of 2019
Employee benefits and pensionsHigher educationIncome tax deductionsStudent aid and college costs

Graduate Student Savings Act of 2019

USA116th CongressHR-1194| House 
| Updated: 2/13/2019
Graduate Student Savings Act of 201 9 This bill allows funds paid to an individual to aid in the pursuit of graduate or postdoctoral study or research to be saved in an Individual Retirement Account (IRA). The bill permits the funds to be considered compensation for purposes of current law provisions that limit annual deductible IRA contributions to the lesser of (1) the deductible amount permitted under current law, or (2) the compensation includible in the individual's gross income for the year.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 12, 2019

Latest Companion Bill Action

S 116-448
Introduced in Senate
Feb 13, 2019
Introduced in House
Feb 13, 2019
Referred to the House Committee on Ways and Means.
  • February 12, 2019

    Latest Companion Bill Action

    S 116-448
    Introduced in Senate


  • February 13, 2019
    Introduced in House


  • February 13, 2019
    Referred to the House Committee on Ways and Means.
Joseph P. Kennedy

Joseph P. Kennedy

Democratic Representative

Massachusetts

Cosponsors (11)
Jim Banks (Republican)Sheila Jackson Lee (Democratic)Debbie Dingell (Democratic)Scott H. Peters (Democratic)Ann M. Kuster (Democratic)Josh Harder (Democratic)James P. McGovern (Democratic)William R. Keating (Democratic)Brian K. Fitzpatrick (Republican)Seth Moulton (Democratic)Alcee L. Hastings (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • HR 116-1084: Family Savings Act of 2019
  • S 116-448: Graduate Student Savings Act of 2019
  • HR 116-1007: Retirement Enhancement and Savings Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee benefits and pensionsHigher educationIncome tax deductionsStudent aid and college costs