A bill to help American families save, invest, and build a better future, and for other purposes.
Better Future for American Families Act - Amends the Internal Revenue Code to rename the Credit for Elective Deferrals and IRA Contributions as the Saver's Credit. Revises the applicable percentage of an eligible individual's qualified retirement savings contributions for determining the amount of such credit. Makes the credit refundable and permanent.
Sponsor introductory remarks on measure. (CR E1819)
Introduced in Senate
Sponsor introductory remarks on measure. (CR S4026)
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4026-4027)
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