To amend the Internal Revenue Code of 1986 to exclude from gross income charitable distributions from certain employer-sponsored retirement plans, and for other purposes.

Referred to the House Committee on Ways and Means.

2026-05-13

Workers who are 70½ years old or older could make direct charitable donations from their employer retirement accounts without having to count that money as taxable income. This would allow older employees and retirees to support charities they care about while potentially reducing their tax bills. The change would primarily benefit people with significant retirement savings who want to donate to qualified charitable organizations.