New US House Bill to allow Annuities in 401Ks, Raise RMD Age

[Bryan Barnfellow]

Key Provisions:

1. Allows annuities to be offered in employer 401k plans.
2. Raises age for RMDs to 72.
3. Removes age cap (currently 70.5) for contributing to a TIRA.

Passed overwhelming in House, Senate expected to take it up, and the president is not opposed.


https://seekingalpha.com/news/3466782-house-bill-encourage-annuities-401-k-plans?app=1#email_link

 

[MichaelB]

Thanks, there’s a lengthy discussion about this bill here http://www.early-retirement.org/forums/f28/rmd-going-to-72-a-97142-6.html#post2241109

To avoid confusion let’s continue it there.