H.R. 7310 · 117th Congress
Protecting America’s Retirement Security Act of 2022
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
16 cosponsors · 16 D
5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill makes various changes with respect to the administration of employer-sponsored retirement plans, including establishing additional spousal consent requirements for distributions under such plans and requiring the periodic automatic reenrollment of nonparticipating employees in automatic contribution arrangements that take effect after December 31,…
What it does: CRS summary · Reported to House, Part I · Nov 14, 2022
Protecting America's Retirement Security Act of 2022
This bill makes various changes with respect to the administration of employer-sponsored retirement plans, including establishing additional spousal consent requirements for distributions under such plans and requiring the periodic automatic reenrollment of nonparticipating employees in automatic contribution arrangements that take effect after December 31, 2024.
The bill also requires the Department of Education, in consultation with relevant agencies, to establish a personal finance education portal that includes information about savings, investing, borrowing, and managing student loan repayment.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Protecting America’s Retirement Security Act of 2022
Also known as: Protecting America’s Retirement Security Act
Latest action (Dec 20, 2022): Placed on the Union Calendar, Calendar No. 471.
Policy area: Labor and Employment · Origin: House · Introduced: Mar 31, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.