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HR 4849 108th Congress House

Retirement Security for Life Act of 2004

Official title: To amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at d… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at dates later than death by excluding from income a portion of such payments.

Introduced: November 16, 2004 See on congress.gov
Taxation AnnuitiesCost of living adjustmentsEconomics and Public FinanceFinance and Financial Sector
More subjectsShow fewer subjects
Income taxIndexing (Economic policy)Labor and EmploymentLife insuranceTax exclusion
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 15, 2004
Referred to the House Committee on Ways and Means.
Jul 15, 2004
Introduced in House
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 Latest action July 15, 2004

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Retirement Security for Life Act of 2004 - Amends the Internal Revenue Code to allow an exclusion from gross income for 50 percent of the amount otherwise includible in gross income as guaranteed payments from certain annuity or life insurance contracts. Limits the amount of such exclusion to $20,000 in any taxable year. Provides for an inflation adjustment of the $20,000 limitation beginning in 2006.

 Related & companion bills 1
  • S 3029 Related bill Retirement Security for Life Act of 2004
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1
D
Larson, John B.
Connecticut · Nov 16, 2004
CANTOR, ERIC
· Sep 13, 2004
TANNER, JOHN
· Jul 15, 2004
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4849: Retirement Security for Life Act of 2004. 108th Congress. Open America. https://openamerica.io/bill/108-HR-4849/
MLA
"H.R. 4849: Retirement Security for Life Act of 2004." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-4849/.
Bluebook (legal)
H.R. 4849, 108th Cong. (2026), https://openamerica.io/bill/108-HR-4849/.
Markdown link
[H.R. 4849: Retirement Security for Life Act of 2004](https://openamerica.io/bill/108-HR-4849/)
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