HR 6324 · 119th Congress · Taxation

Retirement Simplification and Clarity Act

Introduced 2025-11-28· Sponsored by Rep. Panetta, Jimmy [D-CA-19]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2025-11-28)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6324 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6324 To amend the Internal Revenue Code of 1986 to provide for in-service rollovers for individual retirement annuity purchases. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 28, 2025 Mr. Panetta (for himself, Mr. LaHood, Mr. Miller of Ohio, Mr. Fitzpatrick, Mr. Davis of Illinois, Mr. Moran, Ms. DelBene, and Mr. Schneider) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide for in-service rollovers for individual retirement annuity purchases. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Retirement Simplification and Clarity Act''. SEC. 2. IN-SERVICE ROLLOVERS FOR ANNUITY PURCHASES. (a) In General.--Section 401(k) of the Internal Revenue Code of 1986 is amended by adding at…

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

Cosponsors (12)

6 Democrats6 Republicans