Other provisions of the bill, available here, include the following:

Allow 403(b) plans to be eligible to be structured as collective investment trusts. The provision would be effective for amounts invested after Dec. 31, 2020.
Allow individuals to pay down a student loan instead of contributing to a 401(k) plan and still receive an employer match in their retirement plan;
Index to inflation the catch-up contribution limit to IRAs for those aged 50 and over. The provision would be effective for taxable years beginning after 2021.
Remove RMD barriers for life annuities. Annuities would be allowed to satisfy the RMD rules if they increase by up to 5% per year; consist of a lump-sum payment in satisfaction of future annuity payments using reasonable assumptions as determined in good faith by the issuer or accelerates the receipt of annuity payments to be received in the following 12 months; provide dividends or similar amounts; or a death payment equal to the amounts paid for the annuity contract less prior payments.

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