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United States · Bill · S

S. 1794 (97th)

A bill to amend the Internal Revenue Code of 1954.

openUnited States· United States Congress· EN

Introduced

29 October 1981

Last action

Status

Committee on Finance requested executive comment from OMB; Treasury Department.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Internal Revenue Code to provide that a money purchase pension plan shall not lose its tax exemption because the plan includes a qualified salary reduction arrangement. Defines "qualified salary reduction arrangement" and "money purchase pension plan" for purposes of this Act. Provides that distributions from such a plan shall be taxable to the beneficiary in the same manner as an annuity.

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Documents

1 official file

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Sources

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