A bill to amend the aggregation rules of section 402 of the Internal Revenue Code of 1954 to permit a taxpayer to roll over a complete distribution from a money purchase pension plan even if there is no such distribution from another pension plan of the same employer in which the taxpayer is a participant.

Summary

Amends the Internal Revenue Code to permit a taxpayer to roll over a complete distribution from a money purchase pension plan or report income from such distribution according to the ten year income averaging rules, even if there is no similar distribution from another pension plan of the same employer in which the taxpayer is a participant.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 24 April 1979

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.