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Servicemember Retirement Improvement Act

USA116th CongressHR-905| House 
| Updated: 1/30/2019
Peter T. King

Peter T. King

Republican Representative

New York

Cosponsors (12)
Tim Ryan (Democratic)Tom Cole (Republican)Elise M. Stefanik (Republican)Gregory F. Murphy (Republican)Derek Kilmer (Democratic)Ken Calvert (Republican)J. French Hill (Republican)Dan Newhouse (Republican)Walter B. Jones (Republican)Joe Wilson (Republican)Vicky Hartzler (Republican)David P. Roe (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Servicemember Retirement Improvement Act This bill allows members of the Ready Reserve of a reserve component of the Armed Forces to make the maximum allowable contribution ($19,500 in 2020) to their Thrift Savings Plans (TSPs) 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 TSPs of federal employees in the Ready Reserve who are not eligible to make contributions to any plan other than the TSP.
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Timeline
Jan 30, 2019
Introduced in House
Jan 30, 2019
Referred to the House Committee on Ways and Means.
  • January 30, 2019
    Introduced in House


  • January 30, 2019
    Referred to the House Committee on Ways and Means.

Taxation

Employee benefits and pensionsGovernment employee pay, benefits, personnel managementIncome tax deferralMilitary personnel and dependentsNational Guard and reserves

Servicemember Retirement Improvement Act

USA116th CongressHR-905| House 
| Updated: 1/30/2019
Servicemember Retirement Improvement Act This bill allows members of the Ready Reserve of a reserve component of the Armed Forces to make the maximum allowable contribution ($19,500 in 2020) to their Thrift Savings Plans (TSPs) 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 TSPs of federal employees in the Ready Reserve who are not eligible to make contributions to any plan other than the TSP.
View Full Text

Suggested Questions

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

Timeline
Jan 30, 2019
Introduced in House
Jan 30, 2019
Referred to the House Committee on Ways and Means.
  • January 30, 2019
    Introduced in House


  • January 30, 2019
    Referred to the House Committee on Ways and Means.
Peter T. King

Peter T. King

Republican Representative

New York

Cosponsors (12)
Tim Ryan (Democratic)Tom Cole (Republican)Elise M. Stefanik (Republican)Gregory F. Murphy (Republican)Derek Kilmer (Democratic)Ken Calvert (Republican)J. French Hill (Republican)Dan Newhouse (Republican)Walter B. Jones (Republican)Joe Wilson (Republican)Vicky Hartzler (Republican)David P. Roe (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee benefits and pensionsGovernment employee pay, benefits, personnel managementIncome tax deferralMilitary personnel and dependentsNational Guard and reserves