H.R. 8990 · 116th Congress
Lifetime Income For Employees Act
- Stage
- In committee
- Sponsor
- Donald Norcross
- Introduced
- 2020-12-16
- Latest action
- 2020-12-16 · Introduced in House
Summary
Lifetime Income For Employees Act This bill allows fiduciaries of pension plans to make default investment arrangements in annuity contracts upon providing certain notice to plan participants or beneficiaries and complying with certain prohibitions on liquidity restrictions.