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HR 5676 116th Congress House Labor and Employment Employee benefits and pensions Inflation and prices

Retirement Plan Modernization Act

Introduced: January 24, 2020 See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Jan 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.
Jan 24, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

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's happening now January 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
Walberg, Tim
Michigan · Jan 24, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5676: Retirement Plan Modernization Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-5676/
MLA
"H.R. 5676: Retirement Plan Modernization Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-5676/.
Bluebook (legal)
H.R. 5676, 116th Cong. (2026), https://openamerica.io/bill/116-HR-5676/.
Markdown link
[H.R. 5676: Retirement Plan Modernization Act](https://openamerica.io/bill/116-HR-5676/)
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