S. 4353 · 117th Congress
Retirement Improvement and Savings Enhancement to Supplement Healthy Investments for the Nest Egg Act
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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.
D
MurraySponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Retirement Improvement and Savings Enhancement to Supplement Healthy Investments for the Nest Egg Act or the RISE & SHINE Act
What it does: CRS summary · Reported to Senate · Jun 21, 2022
Retirement Improvement and Savings Enhancement to Supplement Healthy Investments for the Nest Egg Act or the RISE & SHINE Act
This bill makes various changes with respect to employer-sponsored retirement plans.
For example, the bill allows plans sponsored by charities, educational institutions, and nonprofit organizations (i.e., 403(b) retirement plans) to participate in multiple employer plans and pooled employer plans.
The bill also revises the notice and disclosure requirements for certain retirement plans, and it permits plan sponsors to make emergency savings accounts available to participants of defined contribution plans.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: RISE & SHINE Act
Latest action (Jun 21, 2022): Placed on Senate Legislative Calendar under General Orders. Calendar No. 426.
Policy area: Labor and Employment · Origin: Senate · Introduced: Jun 7, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.