MA H895

Bill

MA H895

Relative to the withdrawal of funds from retirement accounts

Introduced
01/20/2015

In Committee
01/20/2015

Crossed Over

Passed

Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to the withdrawal of funds from retirement accounts. Financial Services.

AI Summary

This bill allows individuals participating in private employee retirement accounts, such as 401(k)s, to withdraw funds for personal use, provided they give the plan manager 30 days' notice before the withdrawal. This change is being made despite any existing laws that might otherwise prevent such withdrawals.

Committee Categories

Business and Industry

Sponsors (1)

Peter Kocot (D)*,

Last Action

Accompanied a study order, see H4111 (on 03/28/2016)

Official Document

https://malegislature.gov/Bills/189/House/H895

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/189/House/H895
State Bill Page	https://malegislature.gov/Bills/189/H895
Bill	https://malegislature.gov/Bills/189/H895.pdf

Bill	Bill Name	Last Action	Type
H1728	Prohibiting the bullying of public school employees	Read second and ordered to a third reading	Similar To
H2003	To provide improved nutrition for homeless women and children	Accompanied a study order, see H4638	Similar To
H2146	Relative to improving elevator inspection procedures	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H2773	Relative to the use of force accounts	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H3026	Relative to improving passenger rail service between Springfield and Boston	Discharged to the committee on House Rules	Similar To
H4111	Financial Services Study Order	Reported, in part, by H948	Replaced by

Bill > H895

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

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