Retirement Plan Modernization Act

Bill Number

HR 5676

Introduced

Jan 24, 2020

Latest Action

Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be ...

Sponsor

Cosponsors

Topics

Employee benefits and pensions Inflation and prices Labor and Employment

Full Text

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Votes

Summary

Retirement Plan Modernization Act

This bill increases from $5,000 to $8,000 the amount of accrued benefits in a private pension plan that may be immediately distributed without the consent of the participant. The bill also requires the increased limit to be adjusted for inflation after 2019.

Actions

Jan 24, 2020

Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 24, 2020

Introduced in House

Amendments

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