Retirement Plan Modernization Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jan 24, 2020)
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.
What just happenedJan 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.
Who’s behind it
- Introduced in HouseJan 24, 2020
- Jan 24, 2020IntroReferralH11100
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.
Ways and Means Committee - Jan 24, 2020IntroReferralH11100
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.
Education and the Workforce Committee - Jan 24, 2020IntroReferralIntro-H
Introduced in House
- Jan 24, 2020IntroReferral1000
Introduced in House