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SECURE Fix Act of 2020
3/2/2022, 4:21 PM
Congressional Summary of HR 5792
SECURE Fix Act of 2020
This bill repeals restrictions on required distributions from defined contribution pension plans to specified beneficiaries designated by an employee plan participant that such beneficiaries may receive over their lifetimes.
Read the Full Bill
Current Status of Bill HR 5792
Bill HR 5792 is currently in the status of Bill Introduced since February 6, 2020. Bill HR 5792 was introduced during Congress 116 and was introduced to the House on February 6, 2020. Bill HR 5792's most recent activity was Referred to the House Committee on Ways and Means. as of February 6, 2020
Bipartisan Support of Bill HR 5792
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5792
Primary Policy Focus
TaxationPotential Impact Areas
- Employee benefits and pensions
- Income tax deferral
- Income tax exclusion
Alternate Title(s) of Bill HR 5792
SECURE Fix Act of 2020
To amend the Internal Revenue Code of 1986 to repeal the restrictions on which designated beneficiaries may receive over the life of the beneficiary the required distributions from a defined contribution plan.
SECURE Fix Act of 2020
Comments
Sponsors and Cosponsors of HR 5792
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