| U.S. Congressional Tipoffs Involving Ohio Newsletter for Sunday March 20, 2022 ( 1 items ) |
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Reps. Wenstrup, Suozzi Introduce the Enhancing Emergency and Retirement Savings Act of 2022
WASHINGTON, March 18 -- Rep. Brad Wenstrup, R-Ohio, issued the following news release on March 18, 2022:
Yesterday, Congressmen Brad Wenstrup (R-Ohio) and Tom Suozzi (D-N.Y.) introduced H.R. 7146, the Enhancing Emergency and Retirement Savings Act of 2022, to help more Americans save for retirement by providing some flexibility to cover unexpected financial emergencies. This bill would allow penalty-free "emergency" distributions, up to $1,000, from tax-exempt retirement plans for emergency exp
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