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HR 8567 116th Congress House Taxation Bank accounts, deposits, capital Disability and paralysis Employee benefits and pensions Income tax exclusion Inflation and prices Interest, dividends, interest rates

Required Minimum Distribution Modernization Act of 2020

Introduced: October 9, 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
Oct 9, 2020
Referred to the House Committee on Ways and Means.
Oct 9, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

Required Minimum Distribution Modernization Act of 2020

This bill revises rules requiring mandatory minimum distributions from tax-exempt retirement plans. Specifically, it increases from 72 to 75 the age at which plan participants must being making distributions from their accounts. It also exempts defined contribution plans from mandatory distribution requirements if the aggregate value of an employee's entire interest in all such plans does not exceed $100,000.

What's happening now October 9, 2020

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
  • HR 8696 Related bill Securing a Strong Retirement Act of 2020
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Estes, Ron
Kansas · Oct 9, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 8567: Required Minimum Distribution Modernization Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-8567/
MLA
"H.R. 8567: Required Minimum Distribution Modernization Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-8567/.
Bluebook (legal)
H.R. 8567, 116th Cong. (2026), https://openamerica.io/bill/116-HR-8567/.
Markdown link
[H.R. 8567: Required Minimum Distribution Modernization Act of 2020](https://openamerica.io/bill/116-HR-8567/)
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