Details of Public Law 117-328, section 201 , Remove Required Minimum Distribution Barriers for Life Annuities

The provision would remove certain barriers of the availability of annuities in qualified plans and IRS under the required distributions test and allow commercial annuities to provide one or more payment types on or after the annuity start date:

those increased by a constant percentage rate of less than five percent annually,

those provided as a lump sum payment that meet certain time requirements,

those that are provided as a dividend or similar distribution as determined by the issuer, or

as a final payment upon death.