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JCT Report: EARN Act Description, Revenue Effects (IRC §401)

June 21, 2022, 5:00 AM

Description and estimated revenue effects of the Chairman’s Mark of the Enhancing American Retirement Now (EARN) Act provided in Joint Committee on Taxation reports released June 17. The Senate Committee on Finance has scheduled a committee markup on June 22, 2022. For the 10-year period of 2022-2032, the bill would increase revenues by $539 million. [JCX-9-22 (June 17, 2022); JCX-10-22 (June 17, 2022)]

Reference:
View JCT Description, View JCT Revenue Effects.