# 116-hr-5676: Retirement Plan Modernization Act

116-hr-5676, Retirement Plan Modernization Act, is a 116th Congress bill sponsored by Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large] (D-MP); status Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5676
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5676
- Congress: 116
- Title: Retirement Plan Modernization Act
- Status: Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2020-01-24
- Sponsor: Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large] (D-MP)
- Cosponsors: 1
- Policy area: Labor and Employment
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Retirement Plan Modernization Act This bill increases from $5,000 to $8,000 the amount of accrued benefits in a private 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 2019.

## Cosponsors (1)

- Rep. Walberg, Tim [R-MI-5] (R-MI), 2020-01-24T00:00:00.000Z

## Related bills

- 116-hr-4334: Supporting Older Americans Act of 2020
- 116-hr-3742: Recovering America’s Wildlife Act of 2019
- 116-hr-3589: Greg LeMond Congressional Gold Medal Act
- 116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act
- 116-hr-1865: Further Consolidated Appropriations Act, 2020
- 116-hr-1830: National Purple Heart Hall of Honor Commemorative Coin Act

## Sources
- [116-hr-5676 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5676)

## Related
- [116-hr-4334: Supporting Older Americans Act of 2020](https://policyrisk.com/legislation/116-hr-4334)
- [116-hr-3742: Recovering America’s Wildlife Act of 2019](https://policyrisk.com/legislation/116-hr-3742)
- [116-hr-3589: Greg LeMond Congressional Gold Medal Act](https://policyrisk.com/legislation/116-hr-3589)
- [116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-2423)
- [116-hr-1865: Further Consolidated Appropriations Act, 2020](https://policyrisk.com/legislation/116-hr-1865)
- [116-hr-1830: National Purple Heart Hall of Honor Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-1830)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5676 (as of 2025-11-18).