Retirement Protection Act

Hozzl · 2022-02-08T23:17:26Z

Explore the details of House Bill 6377 Retirement Protection Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

2/8/2022, 11:17 PM

Congressional Summary of HR 6377

Retirement Protection Act

This bill permits a waiver in 2020 of required minimum distribution rules for retirement plans and accounts, including defined contribution plans and individual retirement accounts.

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Current Status of Bill HR 6377

Bill HR 6377 is currently in the status of Bill Introduced since March 23, 2020. Bill HR 6377 was introduced during Congress 116 and was introduced to the House on March 23, 2020. Bill HR 6377's most recent activity was Referred to the House Committee on Ways and Means. as of March 23, 2020

Bipartisan Support of Bill HR 6377

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 6377

Primary Policy Focus

Taxation

Potential Impact Areas

- Bank accounts, deposits, capital

- Employee benefits and pensions

Alternate Title(s) of Bill HR 6377

Retirement Protection Act

To amend the Internal Revenue Code of 1986 to provide for a temporary waiver of required minimum distribution rules for certain retirement plans and accounts, and for other purposes.

Retirement Protection Act