Search Results: keywords:"secure 2.0 act of 2022"

  • H. R. 2852 — To amend the Internal Revenue Code of 1986 to allow students to take the saver’s credit and receive the saver’s match.
    Status:Introduced in House
    Words:430

    The Expanded Student Saver’s Tax Credit Act (H.R. 2852) seeks to modify the Internal Revenue Code of 1986 to permit full-time students to qualify for the saver’s credit and match. It changes current provisions to allow students who are claimed as dependents by someone else...

    Simple Explanation

    The Expanded Student Saver’s Tax Credit Act wants to let students get extra money help when they save, even if someone else helps pay for their schooling. It's like giving students a reward for saving money, even if their parents are also supporting them.

  • H. R. 1436 — To amend the Internal Revenue Code of 1986 to make certain provisions with respect to qualified ABLE programs permanent.
    Status:Introduced in House
    Words:614

    H. R. 1436 proposes changes to the Internal Revenue Code of 1986 to make certain existing rules about ABLE programs, which help people with disabilities save money, permanent. It removes the expiration date for higher contribution limits to ABLE accounts and allows ABLE...

    Simple Explanation

    H. R. 1436 wants to let people with disabilities keep putting extra money into special saving accounts called ABLE accounts forever and makes sure that people can always move money from college savings accounts to these special accounts if they need to.