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H.R. 701

Helping Families Save for Education Act

Helping Families Save for Education Act

Amends the Internal Revenue Code, with respect to Coverdell education savings accounts, to: (1) increase the age limit for beneficiaries of such accounts after which contributions may not be made from age 18 to age 22, and (2) increase the maximum contribution limit in any taxable year from $2,000 to $10,000.

Referred to the House Committee on Ways and Means.

Rep. Walberg, Tim [R-MI-7](R-MI)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions3subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Helping Families Save for Education Act — Informed