CONGRESS FOR VOTERS

DemocratBill · S. 5445· Senate(119-S-5445)

GRACE for Military Survivors Act

Rep. Blumenthal
Age: 80 years
Connecticut
Introduced
9/22/2026
Last activity
9/22/2026 — Read twice and referred to the Committee on Finance.
Sponsored by
Richard Blumenthal
Cosponsors
Democrat - 0Republican - 1
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill is known as the GRACE for Military Survivors Act. It amends the Internal Revenue Code of 1986. The main goal is to extend the time period for contributing military death benefits to Roth IRAs and Coverdell education savings accounts. Specifically, it changes the allowed timeframe from a 1-year period to a 3-year period. This change also applies retroactively to certain amounts received on or after October 7, 2001.

Yes· 3 of 4

  • Would veterans be better off under this, taking everything together?+8

    The GRACE for Military Survivors Act provides military families additional time to contribute death benefits into tax-advantaged accounts.

  • Does this increase the pay, pensions or support veterans receive?+7

    The bill extends the time period for contributing military death benefits to Roth IRAs and Coverdell education savings accounts from 1 year to 3 years.

  • Does this make college cost less?+5

    Extending the contribution period for military death benefits to Coverdell education savings accounts helps families save for educational expenses.

The opposite

No question was scored the opposite.