HR 7283 · 110th Congress · Taxation

To amend the Internal Revenue Code of 1986 to increase the age at which distributions from qualified retirement plans are required to begin from 70 1/2 to 75, and for other purposes.

Introduced 2008-11-19· Sponsored by Rep. King, Peter T. [R-NY-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2008-11-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase from 70 1/2 to 75 the age at which beneficiaries of tax-exempt pension, profit-sharing, and stock bonus plans must begin taking distributions from such plans and including such distributions in gross income for income tax purposes.…

Summarized by Claude AI · Non-partisan · For informational purposes only