S 4297
AMORE Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Addressing Missed-savings Opportunities for Retirement due to an Epidemic Act, or AMORE Act, allows people with tax-preferred retirement accounts to delay their 2020 contributions until 2021 or 2022. They can contribute up to the amount they didn't contribute in 2020. This bill aims to help people who may have missed saving opportunities due to the pandemic, and it provides protections for retirement plans to accommodate these delayed contributions.
Sponsors
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Primary sponsor
Cosponsors
David Perdue
Kelly Loeffler
Thomas Tillis
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