Summary: H.R.4158 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.4158. Bill summaries are authored by CRS.

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Introduced in House (10/26/2017)

Retirement Plan Modernization Act

This bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to increase from $5,000 to $7,600 the amount of accrued benefits in a pension plan that may be immediately distributed without the consent of the participant. The bill also requires the increased limit to be adjusted for inflation after 2018.