United States · Bill · HR
H.R. 8567 (116th)
Required Minimum Distribution Modernization Act of 2020
Introduced
9 October 2020
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
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 not exceed $100,000.
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Votes
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 9 October 2020
Introduced in House (PDF)
Introduced in House · EN · 9 October 2020
Introduced in House
summary · EN · 9 October 2020
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/house-bill/8567
- Open data entity: https://api.congress.gov/v3/bill/116/hr/8567