To amend the Internal Revenue Code of 1986 to temporarily suspend required minimum distribution rules for certain retirement plans and accounts.

Summary

This bill suspends in 2020 and 2022 the required minimum distribution rules for defined contribution retirement plans or individual retirement plans. Under current law, participants in tax-exempt retirement plans must begin making distributions of plan amounts at the required beginning date (i.e., April 1 or the calendar year following the later of the calendar year in which the employee attains age 72, or the calendar year in which the employee retires).

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Timeline

1. 12 July 2022

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 12 July 2022

   Introduced

   Introduced in House

   Source: IntroReferral

3. 12 July 2022

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 12 July 2022 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 12 July 2022

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 12 July 2022

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 12 July 2022

  Open at official source

Sponsors

• Warren Davidson · R · Sponsor
• · hswm00 · Standing

Related records

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