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HR 5281 113th Congress House

Young Savers Security in Retirement Act of 2014

Official title: To amend the Internal Revenue Code of 1986 to provide for tax preferred savings accounts for individuals under age 18, and for other purposes.

Introduced: July 30, 2014 See on congress.gov
Taxation Employee benefits and pensionsIncome tax creditsIncome tax exclusion
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) 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
Jul 30, 2014
Referred to the House Committee on Ways and Means.
Jul 30, 2014
Introduced in House
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 Latest action July 30, 2014

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Young Savers Security in Retirement Act of 2014 - Amends the Internal Revenue Code to establish a tax-exempt individual retirement account for taxpayers under age 18, to be known as a young savers account. Treats such accounts as Roth individual retirement accounts for income tax purposes. Allows the tax credit for retirement savings for contributions to a young savers account. Directs the Secretary of the Treasury to pay any overpayment of tax that is attributable to the tax credit for retirement savings to the taxpayer's young savers account.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5281: Young Savers Security in Retirement Act of 2014. 113th Congress. Open America. https://openamerica.io/bill/113-HR-5281/
MLA
"H.R. 5281: Young Savers Security in Retirement Act of 2014." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-5281/.
Bluebook (legal)
H.R. 5281, 113th Cong. (2026), https://openamerica.io/bill/113-HR-5281/.
Markdown link
[H.R. 5281: Young Savers Security in Retirement Act of 2014](https://openamerica.io/bill/113-HR-5281/)
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