US HB4158 | 2017-2018 | 115th Congress

US Congress House Bill 4158 (Prior Session Legislation)

Status

Spectrum: Bipartisan Bill
Status: Introduced on October 26 2017 - 25% progression, died in committee
Action: 2017-10-26 - Referred to the Committee on Education and the Workforce, 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.
Pending: House Education And The Workforce Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Retirement Plan Modernization Act This bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to increase from $5,000 to $7,600 the amount of accrued benefits in a 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 2018.

Title

Retirement Plan Modernization Act

History

Date	Chamber	Action
2017-10-26	House	Referred to the Committee on Education and the Workforce, 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.
2017-10-26	House	Referred to the Committee on Education and the Workforce, 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.
2017-10-26	House	Introduced in House