,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #cjgh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #d1 #bjai,mr4   
,r\da 7= himself & ,mrs4 ,walorski7     
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to r$uce ! age = mak+     
cat*-up contributions to retirem5t      
acc\nts to take into acc\nt "t out ( !  
work=ce to provide dep5d5t c>e s]vices4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,exp&+ ,access to ,retirem5t ,sav+s = 
,c>egiv]s ,act4  #b4 ,r$uction ( age =  
mak+ cat*-up contributions = individuals
 out ( work=ce to provide dep5d5t c>e   
s]vices  7a7 ,individual retirem5t plans
 ,section #bai7;b77#e7 ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new subp>agraph3  7,d7
 ,r$uction ( age = mak+ cat*-up         
contributions = individuals out (       
work=ce to provide dep5d5t c>e s]vices  
7i7 ,9 g5]al ,9 ! case ( an eligible    
individual1 subp>agraph 7,b77i7 %all be 

appli$ by sub/itut+ ! applicable age )  
respect to su* individual = ! age ( #ej4
  7ii7 ,applicable age ,= purposes ( ?is
 subp>agraph1 ! t]m applicable age      
means1 ) respect to any eligible        
individual = any taxable ye>1 #ej r$uc$ 
by ! numb] ( ye>s :i* is equal to !     
duration ( ! aggregate qualifi$         
unemploym5t p]iods ) respect to su*     
individual 7det]m9$ z ( ! beg9n+ ( su*  
taxable ye>74 ,= purposes ( ! prec$+    
s5t5ce any duration ( aggregate qualifi$
 unemploym5t p]iods :i* is n a multiple 
( a :ole numb] ( ye>s %all be r\nd$ to !
 next l[e/ :ole numb] ( ye>s4  7iii7    
,eligible individual ,= purposes ( ?is  
subp>agraph1 ! t]m eligible individual  
means1 ) respect to any taxable ye>1 any
 individual :o has "o or m qualifi$     
unemploym5t p]iods det]m9$ z ( ! beg9n+ 
( su* taxable ye>4  7iv7 ,qualifi$      
unemploym5t p]iod ,= purposes ( ?is     
subp>agraph1 ! t]m qualifi$ unemploym5t 
p]iod means1 ) respect to any           
individual1 any un9t]rupt$ p]iod-- 7,i7 

:i* is n less ?an #a ye>1  7,,ii7 :i*   
beg9s aft] su* individual atta9s age    
#ah1 &  7,,iii7 dur+ :i* su* individual 
has no e>n$ income 7z def9$ 9 section   
#cb7;c77#b77 on acc\nt ( su*            
individual's provision ( c>e to "o or m 
qualify+ individuals 7z def9$ 9 section 
#ba7;b77#a774  7v7 ,decl>ation          
requirem5t ,a qualifi$ unemploym5t p]iod
 %all n be tak5 into acc\nt "u ?is      
subp>agraph ) respect to any individual 
unless su* individual has submitt$ to ! 
,secret>y a writt5 decl>ation made "u ! 
p5alties ( p]jury t su* p]iod meets !   
requirem5ts ( clause 7iv7 ) respect to  
su* individual4 ,! tru/ee may rely on   
su* decl>ation unless ! tru/ee kn[s1 or 
has reason to "k1 t su* decl>ation is   
false4  4  7b7 ,elective def]rals       
,section #dad7v7 ( su* ,code is am5d$ by
 add+ at ! end ! foll[+ new p>agraph3   
7#g7 ,r$uction ( age = mak+ cat*-up     
contributions = individuals out (       
work=ce to provide dep5d5t c>e s]vices  
7,a7 ,9 g5]al ,9 ! case ( an eligible   

p>ticipant1 p>agraph 7#e77;,a7 %all be  
appli$ by sub/itut+ ! applicable age )  
respect to su* p>ticipant = age #ej4    
7,b7 ,application ( def9itions & rules  
,= purposes ( ?is p>agraph1 clauses     
7ii71 7iii71 7iv71 & 7v7 ( section      
#bai7;b77#e77;,d7 %all apply--  7i7 by  
sub/itut+ p>ticipant = individual ea*   
place x appe>s 9 su* clauses1 &  7ii7 by
 sub/itut+ plan adm9i/rator = tru/ee 9  
su* clause 7v74  7,c7 ,error correction 
,! ,secret>y %all issue regulations or  
o!r guidance "u :i* an applicable       
employ] plan may correct = an           
imp]missible cat*-up contribution by    
provid+ = a di/ribution ( su*           
contribution toge!r ) any e>n+s prop]ly 
attributable !reto4  4  7c7 ,effective  
date ,! am5dm5ts made by ?is section    
%all apply to taxable ye>s beg9n+ aft] !
 date ( ! enactm5t ( ?is ,act4