Small Employer Retirement Savings Auto-Enrollment Credit Act
This bill allows a three-year $500 business-related tax credit for eligible small employers who include and maintain an automatic contribution arrangement in an employer-sponsored retirement plan.
An "eligible employer" is an employer with no more than 100 employees who received at least $5,000 of compensation from the employer for the preceding year.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2019-03-27 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
| 2019-03-27 | IntroReferral | Introduced in House | Library of Congress |