To amend the Internal Revenue Code of 1986 to increase the age for the beginning date for required minimum distributions.

Fact Sheet API

Bill Number

HR 2933

Introduced

Apr 30, 2021

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Employee benefits and pensions Income tax deferral Taxation

Full Text

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Votes

Summary

This bill increases the age (currently, age 72) at which taxpayers are required to make minimum distributions from tax-exempt retirement plans. For taxpayers who attain age 72 after December 31, 2026, the age is increased to 73; for taxpayers who attain age 73 after December 31, 2032, the age is increased to 75.

Actions

Apr 30, 2021

Referred to the House Committee on Ways and Means.
Apr 30, 2021

Introduced in House

Amendments

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