Smart Savings Act
Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.
1 agreed to
| Amendment | Sponsor | Status |
|---|---|---|
| SAMDT 3,821 | Warren, Elizabeth | Agreed to |
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Smart Savings Act - Makes the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation portfolio (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. Retains the Government Securities Investment Fund as the default fund for members of the Uniformed Services. Requires TSP participants whose default fund is an age-appropriate L Fund to receive a risk acknowledgement before being enrolled to make TSP contributions.
Makes this Act: (1) effective on the date the Executive Director of the Federal Retirement Thrift Investment Board issues guidance for implementing this Act, and (2) applicable to individuals who enroll in the Thrift Savings Plan on or after such date.
Extends requirements relating to fiduciary protections to TSP beneficiaries.
Held at the desk.
- Engrossed in Senate Formatted Text PDF Formatted XML
- Introduced in Senate Formatted Text PDF Formatted XML
- Reported to Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 2117: Smart Savings Act. 113th Congress. Open America. https://openamerica.io/bill/113-S-2117/
"S. 2117: Smart Savings Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-S-2117/.
S. 2117, 113th Cong. (2026), https://openamerica.io/bill/113-S-2117/.
[S. 2117: Smart Savings Act](https://openamerica.io/bill/113-S-2117/)