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H.R. 8696 116th Congress House

Securing a Strong Retirement Act of 2020

Official title: To increase retirement savings, simplify and clarify retirement plan rules, and for other purposes.

Introduced: November 9, 2020 Introduced by: Richard E. Neal Democratic · Massachusetts See on congress.gov
Labor and Employment Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness records
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Congressional oversightCriminal procedure and sentencingDepartment of LaborDepartment of the TreasuryDisability and paralysisDisability assistanceEmployee benefits and pensionsEmployment taxesFinancial services and investmentsFirst responders and emergency personnelHigher educationIncome tax deferralIncome tax exclusionInflation and pricesInterest, dividends, interest ratesLife, casualty, property insuranceMilitary personnel and dependentsSales and excise taxesSecuritiesSmall businessStudent aid and college costsTax administration and collection, taxpayersWages and earnings
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 27, 2020
Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Oct 27, 2020
Introduced in House
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 Latest action October 27, 2020

Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Plain-English summary Congressional Research Service

Securing a Strong Retirement Act of 2020

This bill makes various changes with respect to employer-sponsored retirement plans, including providing for the automatic enrollment of employees in certain plans and increasing the age at which participants are required to begin receiving mandatory distributions.

 Related & companion bills 9
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  • HR 8606 To defer the tax of certain sales of employer stock and reduce certain retirement-related excise taxes, and for other p…
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  • HR 2560 Putting First Responders First Act
  • HR 6257 Public Service Retirement Fairness Act of 2020
  • HR 7927 Military Spouses Retirement Security Act
  • HR 8567 Required Minimum Distribution Modernization Act of 2020
  • HR 8660 To direct the Secretary of Labor to modify regulations to allow the use of performance benchmarks in the case of design…
  • S 5064 Improving Access to Retirement Savings Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 32
All 32 Democratic 10 Republican 9
Blumenauer, Earl
· Nov 20, 2020
 R
Smith, Jason
Missouri · Nov 20, 2020
YOUNG, DON
· Nov 20, 2020
 D
Chu, Judy
California · Nov 16, 2020
Reed, Tom
· Nov 16, 2020
 R
Bacon, Don
Nebraska · Nov 12, 2020
 R
Kustoff, David
Tennessee · Nov 12, 2020
 D
Beyer, Donald S.
Virginia · Nov 9, 2020
 R
Cole, Tom
Oklahoma · Nov 9, 2020
 D
Davis, Danny K.
Illinois · Nov 9, 2020
 R
Estes, Ron
Kansas · Nov 9, 2020
 D
Evans, Dwight
Pennsylvania · Nov 9, 2020
Ferguson, A.
· Nov 9, 2020
Holding, George
· Nov 9, 2020
 R
Kelly, Mike
Pennsylvania · Nov 9, 2020
Kildee, Daniel
· Nov 9, 2020
KIND, RON
· Nov 9, 2020
KING, PETER
· Nov 9, 2020
 R
LaHood, Darin
Illinois · Nov 9, 2020
 D
Larson, John B.
Connecticut · Nov 9, 2020
Marchant, Kenny
· Nov 9, 2020
 D
Moore, Gwen
Wisconsin · Nov 9, 2020
Murphy, Stephanie
· Nov 9, 2020
 D
Panetta, Jimmy
California · Nov 9, 2020
 R
Schweikert, David
Arizona · Nov 9, 2020
 D
Sewell, Terri A.
Alabama · Nov 9, 2020
 R
Smith, Adrian
Nebraska · Nov 9, 2020
 D
Suozzi, Thomas R.
New York · Nov 9, 2020
 D
Thompson, Mike
California · Nov 9, 2020
Walorski, Jackie
· Nov 9, 2020
Wenstrup, Brad
· Nov 9, 2020
BRADY, KEVIN
· Oct 27, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 8696: Securing a Strong Retirement Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-8696/
MLA
"H.R. 8696: Securing a Strong Retirement Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-8696/.
Bluebook (legal)
H.R. 8696, 116th Cong. (2026), https://openamerica.io/bill/116-HR-8696/.
Markdown link
[H.R. 8696: Securing a Strong Retirement Act of 2020](https://openamerica.io/bill/116-HR-8696/)
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