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I
116TH CONGRESS
2D SESSION
H. R. 5792
To amend the Internal Revenue Code of 1986 to repeal the restrictions
on which designated beneficiaries may receive over the life of the bene-
ficiary the required distributions from a defined contribution plan.
IN THE HOUSE OF REPRESENTATIVES
FEBRUARY 6, 2020
Mr. POSEY 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 repeal
the restrictions on which designated beneficiaries may
receive over the life of the beneficiary the required dis-
tributions from a defined contribution plan.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘SECURE Fix Act of
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2020’’.
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•HR 5792 IH
SEC. 2. REPEAL OF MODIFICATIONS OF REQUIRED DIS-
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TRIBUTION RULES FOR DESIGNATED BENE-
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FICIARIES.
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(a) IN GENERAL.—Section 401(a)(9) of the Internal
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Revenue Code of 1986 is amended by striking subpara-
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graph (H).
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(b)
CONFORMING
AMENDMENT.—Section
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401(a)(9)(E) of such Code is amended to read as follows:
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‘‘(E)
DESIGNATED
BENEFICIARY.—For
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purposes of this paragraph, the term ‘des-
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ignated beneficiary’ means any individual des-
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ignated as a beneficiary by the employee.’’.
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(c) EFFECTIVE DATE.—The amendments made by
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this section shall take effect as if included in the enact-
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ment of section 401 of the Setting Every Community Up
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for Retirement Enhancement Act of 2019.
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