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H.R. 2953 — Savings Access For Escaping and Rebuilding Act of 2021 | PoliFocus

H.R. 2953117th Congress

SAFER Act

To amend the Internal Revenue Code of 1986 to allow penalty-free withdrawals from retirement plans for domestic abuse victims.

Sponsors

Rep. McBath, Lucy [D-GA-6]

11 cosponsors

Subjects

Taxation

Summary

Savings Access For Escaping and Rebuilding Act of 2021 or the SAFER Act

This bill allows penalty-free distributions from tax-exempt retirement plans for domestic abuse victims.

Full Text

Related Legislation

H.R. 2954Securing a Strong Retirement Act of 2022
2022-03-30Received in the Senate and Read twice and referred to the Committee on Finance.
Related
S. 3993SAFER Act
2022-04-05Read twice and referred to the Committee on Finance.
Related
S. 4808EARN Act
2022-09-08Placed on Senate Legislative Calendar under General Orders. Calendar No. 480.
Related

Legislative Actions

2021-05-04
Introduced in House
2021-05-04
Introduced in House
2021-05-04
Referred to the House Committee on Ways and Means.

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