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HR 2724 110th Congress House Taxation Cost of living adjustments Economics and Public Finance Education Education savings accounts Finance and Financial Sector Higher education Income tax Indexing (Economic policy) Individual retirement accounts Labor and Employment Saving and investment Tax credits

Retirement Savings for Working Americans Act

Introduced: June 14, 2007 See on congress.gov
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 14, 2007
Referred to the House Committee on Ways and Means.
Jun 14, 2007
Introduced in House
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 Plain-English summary Congressional Research Service

Retirement Savings for Working Americans Act - Amends Internal Revenue Code provisions relating to the tax credit for retirement savings contributions (saver's credit) to: (1) require the Secretary of the Treasury to deposit saver's credit amounts directly into the designated retirement account of the taxpayer; (2) expand income eligibility levels for the saver's credit; (3) allow taxpayers that contribute to a qualified tuition program or a Coverdell education savings account to claim such contributions as retirement savings contributions; and (4) adjust the saver's credit maximum contribution amount for inflation beginning after 2007.

What's happening now June 14, 2007

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Lofgren, Zoe
California · Sep 17, 2008
 D
Welch, Peter
Vermont · Sep 4, 2007
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2724: Retirement Savings for Working Americans Act. 110th Congress. Open America. https://openamerica.io/bill/110-HR-2724/
MLA
"H.R. 2724: Retirement Savings for Working Americans Act." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-2724/.
Bluebook (legal)
H.R. 2724, 110th Cong. (2026), https://openamerica.io/bill/110-HR-2724/.
Markdown link
[H.R. 2724: Retirement Savings for Working Americans Act](https://openamerica.io/bill/110-HR-2724/)
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