A bill that would suspend required minimum distributions from defined contribution plans for the current year has been introduced in the House.

The bill, the Retirement Protection Act, unveiled Monday by Reps. Jennifer Wexton, D-Va., and Jamie Raskin, D-Md., is in response to the coronavirus pandemic.

After passage in December of the Setting Every Community Up for Retirement Enhance Act, known as the SECURE Act, the age at which individuals are required to begin withdrawing a percentage of their tax-deferred retirement plan was raised to 72 from 70½.