To allow certain existing retirement plans maintained by churches to continue to provide annuities directly to participants rather than through an insurance company.

openUnited States· United States Congress· EN

Introduced

18 May 2006

Last action

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Status

Sponsor introductory remarks on measure. (CR E894-895)

Summary

Provides that annuity payments from qualified church plans that otherwise meet specified distribution requirements for money purchase pension plans under the Internal Revenue Code shall not fail to satisfy qualified trust distribution requirements merely because the payments are not made under an annuity contract purchased from an insurance company.

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Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 18 May 2006
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Introduced in House (PDF)
Introduced in House · EN · 18 May 2006
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Introduced in House
summary · EN · 18 May 2006
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Sources

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Official source: https://www.congress.gov/bill/109th-congress/house-bill/5424
Open data entity: https://api.congress.gov/v3/bill/109/hr/5424