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A bill to amend the Internal Revenue Code of 1986 to provide a contribution limit and increased minimum distributions for certain retirement plans with large account balances.

USA115th CongressS-3772| Senate 
| Updated: 12/18/2018
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Retirement Fairness Act This bill amends the Internal Revenue Code to limit contributions and require increased minimum distributions for individuals with certain retirement plans with balances that exceed $4 million (adjusted for inflation after 2019).
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Timeline
Dec 18, 2018
Introduced in Senate
Dec 18, 2018
Read twice and referred to the Committee on Finance.
  • December 18, 2018
    Introduced in Senate
  • December 18, 2018
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • S 115-1076: A bill to amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to modify certain provisions relating to multiemployer pensions, and for other purposes.
  • HR 115-2412: To amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to modify certain provisions relating to multiemployer pensions, and for other purposes.
Employee benefits and pensionsIncome tax deferralIncome tax exclusionInflation and pricesSales and excise taxes

A bill to amend the Internal Revenue Code of 1986 to provide a contribution limit and increased minimum distributions for certain retirement plans with large account balances.

USA115th CongressS-3772| Senate 
| Updated: 12/18/2018
Retirement Fairness Act This bill amends the Internal Revenue Code to limit contributions and require increased minimum distributions for individuals with certain retirement plans with balances that exceed $4 million (adjusted for inflation after 2019).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 18, 2018
Introduced in Senate
Dec 18, 2018
Read twice and referred to the Committee on Finance.
  • December 18, 2018
    Introduced in Senate
  • December 18, 2018
    Read twice and referred to the Committee on Finance.
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Finance Committee

Taxation

Related Bills

  • S 115-1076: A bill to amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to modify certain provisions relating to multiemployer pensions, and for other purposes.
  • HR 115-2412: To amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to modify certain provisions relating to multiemployer pensions, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee benefits and pensionsIncome tax deferralIncome tax exclusionInflation and pricesSales and excise taxes