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Small Employer Retirement Savings Auto-Enrollment Credit Act

USA116th CongressHR-1938| House 
| Updated: 3/27/2019
Lori Trahan

Lori Trahan

Democratic Representative

Massachusetts

Cosponsors (2)
Mike Kelly (Republican)Brian K. Fitzpatrick (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Small Employer Retirement Savings Auto-Enrollment Credit Act This bill allows a three-year $500 business-related tax credit for eligible small employers who include and maintain an automatic contribution arrangement in an employer-sponsored retirement plan. An "eligible employer" is an employer with no more than 100 employees who received at least $5,000 of compensation from the employer for the preceding year.
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Timeline
Mar 27, 2019
Introduced in House
Mar 27, 2019
Referred to the House Committee on Ways and Means.
  • March 27, 2019
    Introduced in House


  • March 27, 2019
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 116-972: Retirement Enhancement and Savings Act of 2019
  • HR 116-1865: Further Consolidated Appropriations Act, 2020
  • S 116-1431: Retirement Security and Savings Act of 2019
  • HR 116-1007: Retirement Enhancement and Savings Act of 2019
  • HR 116-1994: Setting Every Community Up for Retirement Enhancement Act of 2019
  • S 116-321: Retirement Security Act of 2019
Employee benefits and pensionsIncome tax creditsSmall business

Small Employer Retirement Savings Auto-Enrollment Credit Act

USA116th CongressHR-1938| House 
| Updated: 3/27/2019
Small Employer Retirement Savings Auto-Enrollment Credit Act This bill allows a three-year $500 business-related tax credit for eligible small employers who include and maintain an automatic contribution arrangement in an employer-sponsored retirement plan. An "eligible employer" is an employer with no more than 100 employees who received at least $5,000 of compensation from the employer for the preceding year.
View Full Text

Suggested Questions

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

Timeline
Mar 27, 2019
Introduced in House
Mar 27, 2019
Referred to the House Committee on Ways and Means.
  • March 27, 2019
    Introduced in House


  • March 27, 2019
    Referred to the House Committee on Ways and Means.
Lori Trahan

Lori Trahan

Democratic Representative

Massachusetts

Cosponsors (2)
Mike Kelly (Republican)Brian K. Fitzpatrick (Republican)

Ways and Means Committee

Taxation

Related Bills

  • S 116-972: Retirement Enhancement and Savings Act of 2019
  • HR 116-1865: Further Consolidated Appropriations Act, 2020
  • S 116-1431: Retirement Security and Savings Act of 2019
  • HR 116-1007: Retirement Enhancement and Savings Act of 2019
  • HR 116-1994: Setting Every Community Up for Retirement Enhancement Act of 2019
  • S 116-321: Retirement Security Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee benefits and pensionsIncome tax creditsSmall business