A bill to amend the Internal Revenue Code of 1986 to provide a contribution limit and increased minimum distributions for certain retirement plans with large account balances.
Retirement Fairness Act
This bill amends the Internal Revenue Code to limit contributions and require increased minimum distributions for individuals with certain retirement plans with balances that exceed $4 million (adjusted for inflation after 2019).
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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