# 115-hr-3910: To amend the Internal Revenue Code of 1986 to make lifetime income and managed account options of defined contribution retirement savings plans portable.

115-hr-3910, To amend the Internal Revenue Code of 1986 to make lifetime income and managed account options of defined contribution retirement savings plans portable., is a 115th Congress bill sponsored by Rep. Neal, Richard E. [D-MA-1] (D-MA); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-3910
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-3910
- Congress: 115
- Title: To amend the Internal Revenue Code of 1986 to make lifetime income and managed account options of defined contribution retirement savings plans portable.
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2017-10-02
- Sponsor: Rep. Neal, Richard E. [D-MA-1] (D-MA)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill amends the Internal Revenue Code to allow distributions from certain tax-favored employer-sponsored retirement plans if a lifetime income investment or managed account investment is no longer authorized to be held as an investment option under the plan. If a lifetime income or managed account investment is no longer authorized to be held as an investment option under the plan, the bill allows: (1) qualified distributions of a lifetime income investment or a managed account investment, or (2) distributions of a lifetime income investment in the form of a qualified plan distribution annuity contract. A "qualified distribution" is a direct trustee-to-trustee transfer to an eligible retirement plan. A "qualified plan distribution annuity contract" is an annuity contract purchased for a participant and distributed to the participant by an employer-sponsored retirement plan.

## Cosponsors (1)

- Rep. Bishop, Mike [R-MI-8] (R-MI), 2017-10-02T00:00:00.000Z

## Related bills

- 115-hr-6510: Restore Our Parks and Public Lands Act
- 115-hr-5879: Merchant Mariners of World War II Congressional Gold Medal Act of 2018
- 115-hr-4547: Strengthening Protections for Social Security Beneficiaries Act of 2018
- 115-hr-4318: Miscellaneous Tariff Bill Act of 2018
- 115-hr-4256: BOLD Infrastructure for Alzheimer's Act
- 115-hr-4107: USS Indianapolis Congressional Gold Medal Act

## Sources
- [115-hr-3910 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/3910)

## Related
- [115-hr-6510: Restore Our Parks and Public Lands Act](https://policyrisk.com/legislation/115-hr-6510)
- [115-hr-5879: Merchant Mariners of World War II Congressional Gold Medal Act of 2018](https://policyrisk.com/legislation/115-hr-5879)
- [115-hr-4547: Strengthening Protections for Social Security Beneficiaries Act of 2018](https://policyrisk.com/legislation/115-hr-4547)
- [115-hr-4318: Miscellaneous Tariff Bill Act of 2018](https://policyrisk.com/legislation/115-hr-4318)
- [115-hr-4256: BOLD Infrastructure for Alzheimer's Act](https://policyrisk.com/legislation/115-hr-4256)
- [115-hr-4107: USS Indianapolis Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-4107)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-3910 (as of 2025-11-18).