arrow_back Back to App

Changes to Retirement Plan Distribution Rules for Trusts

This act modifies rules for retirement plan distributions to multi-beneficiary trusts, including charitable organizations. The goal is to simplify the management of such trusts after an employee's death.
Key points
Changes the definition of a beneficiary for retirement plan distributions to trusts.
Treats charitable organizations as beneficiaries in certain multi-beneficiary trusts.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_4426
Sponsor: Sen. Young, Todd [R-IN]
Process start date: 2022-06-16
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Special Needs Trust Improvement Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_4426.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-06-16.

What are the main provisions?

Key points include:

  • Changes the definition of a beneficiary for retirement plan distributions to trusts.
  • Treats charitable organizations as beneficiaries in certain multi-beneficiary trusts.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Young, Todd [R-IN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Benefits