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Code · BILL · 113th Congress · H.R. 1 (Introduced in House) — To amend the Internal Revenue Code of 1986 to provide for comprehensive tax reform. · Sec. 1619

Sec. 1619. Application of 10-percent early distribution tax to governmental 457 plans

50 words·~1 min read·/bill/113/hr/1/ih/section-1619

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457 plans Paragraph
(1)of section 72(t) is amended by inserting or an eligible deferred compensation plan (as defined in section 457(b)) of an eligible employer described in section 457(e)(1)(A), after section 4974(c)), . The amendment made by this section shall apply to withdrawals on or after February 26, 2014.
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