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United States · Bill · HR

H.R. 5676 (116th)

Retirement Plan Modernization Act

referredUnited States· United States Congress· EN

Introduced

24 January 2020

Last action

Status

Referred to the Committee on Education and Labor, 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.

Sponsors

Subjects

Discovery layer

Source updated

21 July 2025

Summary

Retirement Plan Modernization Act This bill increases from $5,000 to $8,000 the amount of accrued benefits in a private 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 2019.

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Versions

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Documents

3 official files

Introduced in House (text)

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Sources

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