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- H.R.8567
H.R.8567: Required Minimum Distribution Modernization Act of 2020
About This Bill
- Introduced Oct. 9, 2020
- Latest Major Action Oct. 9, 2020
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - Oct. 9, 2020
Bill Summary
Required Minimum Distribution Modernization Act of 2020 This bill revises rules requiring mandatory minimum distributions from tax-exempt retirement plans. Specifically, it increases from 72 to 75 the age at which plan participants must being making distributions from their accounts. It also exempts defined contribution plans from mandatory distribution requirements if the aggregate value of an employee's entire interest in all such plans does...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Oct. 9, 2020 |
Referred to the House Committee on Ways and Means.
|
| Oct. 9, 2020 |
Introduced in the House by Stephanie Murphy (D-Fla.) |