(A) in subparagraph (A) by striking 
‘‘$30,000’’ and inserting ‘‘$50,000’’, 
(B) in subparagraph (B) by striking 
‘‘$30,000 but not over $32,500’’ and inserting 
‘‘$50,000 but not over $60,000’’, 
(C) in subparagraph (C) by striking 
‘‘$32,500 but not over $50,000’’ and inserting 
‘‘$60,000 but not over $70,000’’, and 
(D) in subparagraph (D) by striking 
‘‘$50,000’’ and inserting ‘‘$70,000’’. 
(2) CONFORMING AMENDMENT TO INFLATION 
ADJUSTMENT.—Section 25B(b)(3) of such Code is 
amended— 
(A) by striking ‘‘2006’’ in the matter pre-
ceding subparagraph (A) and inserting ‘‘2015’’, 
and 
(B) by striking ‘‘2005’’ in subparagraph 
(B) thereof and inserting ‘‘2014’’. 
(b) ADJUSTMENT OF CREDIT AMOUNT FOR INFLA-
TION.—Section 25B(a) of such Code is amended— 
(1) by striking ‘‘In the case of’’ and inserting 
the following: 
‘‘(1) IN GENERAL.—In the case of’’, and 
(2) by adding at the end the following: 
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‘‘(2) INFLATION ADJUSTMENT.—In the case of 
any taxable year beginning in a calendar year after 
2015, the $2,000 amount contained in paragraph 
(1) shall be increased by an amount equal to— 
‘‘(A) such dollar amount, multiplied by 
‘‘(B) the cost-of-living adjustment deter-
mined under section 1(f)(3) for the calendar 
year in which the taxable year begins, deter-
mined by substituting ‘calendar year 2014’ for 
‘calendar year 1992’ in subparagraph (B) 
thereof. 
Any increase determined under the preceding sen-
tence shall be rounded to the nearest multiple of 
$50.’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2014. 
SEC. 3. RETIREMENT CONTRIBUTIONS AND SAVINGS DIS-
REGARDED 
FOR 
CERTAIN 
MEANS-TESTED 
PROGRAMS. 
(a) TANF PROGRAM.—Section 408(a) of the Social 
Security Act (42 U.S.C. 608(a)) is amended by adding 
at the end the following: 
‘‘(13) DISREGARD
OF
CERTAIN
RETIREMENT 
ACCOUNTS
AND
CONTRIBUTIONS.—In determining 
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the eligibility of an individual for assistance, or the 
amount of assistance payable to an individual, under 
a State program funded under this part, the State 
shall disregard any amount contributed by the indi-
vidual to, and the value of— 
‘‘(A) any funds in a plan, contract, or ac-
count, described in sections 401(a), 403(a), 
403(b), 408, 408A, 457(b), and 501(c)(18) of 
the Internal Revenue Code of 1986 and any 
funds in a Federal Thrift Savings Plan account 
as provided in section 8439 of title 5, United 
States Code; 
‘‘(B) any retirement program or account 
included in any successor or similar provision 
that may be enacted and determined to be ex-
empt from tax under the Internal Revenue 
Code of 1986; and 
‘‘(C) any other retirement plans, contracts, 
or accounts (as determined by the Secretary of 
Health and Human Services).’’. 
(b) SSI PROGRAM.— 
(1) INCOME DISREGARD.—Section 1612(b) of 
such Act (42 U.S.C. 1382a(b)) is amended— 
(A) by striking ‘‘; and’’ at the end of para-
graph (25); 
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(B) by striking the period at the end of 
paragraph (26) and inserting ‘‘; and’’; and 
(C) by adding at the end the following: 
‘‘(27) any amount received by the individual, to 
the extent that the amount is contributed by the in-
dividual to a program, plan, contract, or account re-
ferred to in section 1613(a).’’. 
(2) RESOURCE
DISREGARD.—Section 1613(a) 
of such Act (42 U.S.C. 1382b(a)) is amended— 
(A) by striking ‘‘; and’’ at the end of para-
graph (16); 
(B) by striking the period at the end of 
paragraph (17) and inserting ‘‘; and’’; and 
(C) by adding at the end the following: 
‘‘(18)(A) any funds in a plan, contract, or ac-
count, described in sections 401(a), 403(a), 403(b), 
408, 408A, 457(b), and 501(c)(18) of the Internal 
Revenue Code of 1986 and any funds in a Federal 
Thrift Savings Plan account as provided in section 
8439 of title 5, United States Code; 
‘‘(B) any retirement program or account in-
cluded in any successor or similar provision that 
may be enacted and determined to be exempt from 
tax under the Internal Revenue Code of 1986; and 
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‘‘(C) any other retirement plans, contracts, or 
accounts (as determined by the Commissioner of So-
cial Security).’’. 
(c) LIHEAP.—There shall not be included in any de-
termination under section 2605(b)(2)(B) of the Low-In-
come Home Energy Assistance Act of 1981 (42 U.S.C. 
8624(b)(2)(B)) of household eligibility for Low-Income 
Home Energy Assistance Program funds, any amount 
contributed to, and the value of— 
(1) any funds in a plan, contract, or account, 
described in sections 401(a), 403(a), 403(b), 408, 
408A, 457(b), and 501(c)(18) of the Internal Rev-
enue Code of 1986 and any funds in a Federal 
Thrift Savings Plan account as provided in section 
8439 of title 5, United States Code; 
(2) any retirement program or account included 
in any successor or similar provision that may be en-
acted and determined to be exempt from tax under 
the Internal Revenue Code of 1986; and 
(3) any other retirement plans, contracts, or ac-
counts (as determined by the Secretary of Health 
and Human Services). 
Æ 
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