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United States · Bill · HR

H.R. 5440 (97th)

A bill to amend the Internal Revenue Code of 1954 to increase the age by which distributions from certain retirement plans must begin.

referredUnited States· United States Congress· EN

Introduced

3 February 1982

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Internal Revenue Code to increase from 70 1/2 to 75 the maximum age before which an individual may make contributions to an individual retirement account. Increases from 70 1/2 to 75 the maximum age by which distributions must begin from: (1) individual retirement accounts; (2) qualified pension, profit sharing, and stock bonus plans; (3) individual retirement annuities; and (4) retirement bonds.

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Documents

1 official file

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