H.R.1496 - Women's Investment and Savings Equity Act of 1997105th Congress (1997-1998)
Summary: H.R.1496 — 105th Congress (1997-1998)
Introduced in House (04/30/1997)
Women's Investment and Savings Equity Act of 1997 - Amends the Internal Revenue Code with respect to limitations on the deduction for active participants in certain pension plans to provide that an individual's participation in a plan is not treated as participation by the individual's spouse.
Permits retirement contributions to be made for periods during which individuals were on leave for maternity or paternity leave.
Permits "catchup contributions" by parents returning to work after periods of nonparticipation in a plan. Defines "catchup contributions."