United States · Bill · S
S. 4087 (117th)
INFORM Act
Introduced
26 April 2022
Last action
26 April 2022 · Introduced
Status
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sponsors
Patty Murray, Tina Smith, Tammy Baldwin, Bill Cassidy
Subjects
Taxation
Source updated
21 April 2025
Summary
Information Needed for Financial Options Risk Mitigation or the INFORM Act This bill requires pension plan sponsors to provide certain information to participants and beneficiaries when the sponsor makes an offer to pay the plan's lifetime annuity as a lump sum. This includes the relative value of the lump sum option compared to the single life annuity and the qualified joint and survivor annuity, as well as the general tax rules for accepting such lump sum.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
26 April 2022
Introduced
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Source: IntroReferral
26 April 2022
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 26 April 2022 · Official file
Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 26 April 2022
Introduced in Senate (PDF)
Introduced in Senate · EN · 26 April 2022
Introduced in Senate
summary · EN · 26 April 2022
Sponsors
- Patty Murray · D · Sponsor
- Tina Smith · D · Sponsor
- Tammy Baldwin · D · Sponsor
- Bill Cassidy · R · Cosponsor
- · sshr00 · Standing
Related records
- related to ← RISE & SHINE Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/4087
- Open data entity: https://api.congress.gov/v3/bill/117/s/4087
- us · 117-s-4087 · source updated 21 April 2025