I 111th CONGRESS 1st Session H. R. 882 IN THE HOUSE OF REPRESENTATIVES February 9, 2009 Mr. King of New York 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 increase the age at which distributions from qualified retirement plans are required to begin from 701/2 to 75, and for other purposes.

1.

Increase in age for required distributions

(a)

In general

Subparagraphs (B)(iv)(I) and (C) of section 401(a)(9) of the Internal Revenue Code of 1986 are each amended by striking 701/2 each place it appears and inserting 75. (b)

Change in required beginning date

So much of clause (i) of section 401(a)(9)(C) of such Code, as amended by subsection (a), as precedes subclause (I) is amended to read as follows: (i)

In general

The term required beginning date means December 31 of the later of— . (c)

Conforming amendments

(1)Section 219(d)(1) of such Code is amended by striking 701/2 in the heading and the text and inserting 75. (2)Section 408(c)(4) of such Code is amended by striking 701/2 in the heading and the text and inserting 75. (3)Section 408(b) of such Code is amended by striking 701/2 and inserting 75. (4)Section 457(d)(1)(A)(i) of such Code is amended by striking 701/2 and inserting 75. (d)

Effective date

The amendments made by this section shall apply to years beginning after the date of the enactment of this Act.