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- H.R.4158
H.R.4158: Retirement Plan Modernization Act
About This Bill
- Introduced Oct. 26, 2017
- Latest Major Action Oct. 26, 2017
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 1 Republican)
Bill Version
- Introduced in House - Oct. 26, 2017
Bill Summary
Retirement Plan Modernization Act This bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to increase from $5,000 to $7,600 the amount of accrued benefits in a pension plan that may be immediately distributed without the consent of the participant. The bill also requires the increased limit to be adjusted for inflation after 2018.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Oct. 26, 2017 |
Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
| Oct. 26, 2017 |
Introduced in the House by Tim Walberg (R-Mich.) |