Bill
Bill > HR2933
US HR2933
US HR2933To amend the Internal Revenue Code of 1986 to increase the age for the beginning date for required minimum distributions.
summary
Introduced
04/30/2021
04/30/2021
In Committee
04/30/2021
04/30/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to increase the age for the beginning date for required minimum distributions.
AI Summary
This bill amends the Internal Revenue Code of 1986 to increase the age for the beginning date of required minimum distributions (RMDs) from retirement accounts. Specifically, it raises the age from 72 to 73 for individuals who turn 72 after December 31, 2026, and then further increases the age to 75 for those who turn 73 after December 31, 2032. The bill also makes conforming changes to the required minimum distribution rules for individual retirement accounts (IRAs). The amendments made by this bill will apply to distributions required to be made after December 31, 2026, with respect to individuals who attain age 72 after that date.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to the House Committee on Ways and Means. (on 04/30/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/2933/all-info |
| BillText | https://www.congress.gov/117/bills/hr2933/BILLS-117hr2933ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr2933/BILLS-117hr2933ih.pdf.pdf |
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