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Main Subject: Taxation

Graduate Student Savings Act of 2019

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.

S448-116, HR1007-116, HR1084-116,

House floor actions Actions

IntroReferral
Feb. 13 2019	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
Feb. 13 2019	Introduced in House Introduced in House

House bill HR1194-116

Graduate Student Savings Act of 2019

House bill HR1194-116

Graduate Student Savings Act of 2019

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