This bill increases the age (currently, age 72) at which taxpayers are required to make minimum distributions from tax-exempt retirement plans. For taxpayers who attain age 72 after December 31, 2026, the age is increased to 73; for taxpayers who attain age 73 after December 31, 2032, the age is increased to 75.
Action Date | Type | Text | Source |
---|---|---|---|
2021-04-30 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
2021-04-30 | IntroReferral | Introduced in House | Library of Congress |