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To amend the Internal Revenue Code of 1986 to temporarily suspend required minimum distribution rules for certain retirement plans and accounts.

USA117th CongressHR-8331| House 
| Updated: 7/12/2022
Warren Davidson

Warren Davidson

Republican Representative

Ohio

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill suspends in 2020 and 2022 the required minimum distribution rules for defined contribution retirement plans or individual retirement plans. Under current law, participants in tax-exempt retirement plans must begin making distributions of plan amounts at the required beginning date (i.e., April 1 or the calendar year following the later of the calendar year in which the employee attains age 72, or the calendar year in which the employee retires).
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Timeline
Jul 12, 2022
Introduced in House
Jul 12, 2022
Referred to the House Committee on Ways and Means.
  • July 12, 2022
    Introduced in House


  • July 12, 2022
    Referred to the House Committee on Ways and Means.

Taxation

To amend the Internal Revenue Code of 1986 to temporarily suspend required minimum distribution rules for certain retirement plans and accounts.

USA117th CongressHR-8331| House 
| Updated: 7/12/2022
This bill suspends in 2020 and 2022 the required minimum distribution rules for defined contribution retirement plans or individual retirement plans. Under current law, participants in tax-exempt retirement plans must begin making distributions of plan amounts at the required beginning date (i.e., April 1 or the calendar year following the later of the calendar year in which the employee attains age 72, or the calendar year in which the employee retires).
View Full Text

Suggested Questions

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

Timeline
Jul 12, 2022
Introduced in House
Jul 12, 2022
Referred to the House Committee on Ways and Means.
  • July 12, 2022
    Introduced in House


  • July 12, 2022
    Referred to the House Committee on Ways and Means.
Warren Davidson

Warren Davidson

Republican Representative

Ohio

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted