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Protecting America’s Retirement Security Act of 2022

Introduced: March 31, 2022 Introduced by: McBath, Lucy Democratic · Georgia See on congress.gov
 Everywhere this bill has been 8 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 20, 2022
Committee on Ways and Means discharged.
Dec 20, 2022
Placed on the Union Calendar, Calendar No. 471.
Nov 14, 2022
Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-557, Part I.
Nov 14, 2022
House Committee on Ways and Means Granted an extension for further consideration ending not later than Jan. 2, 2023.
Apr 5, 2022
Ordered to be Reported (Amended) by Voice Vote.
Apr 5, 2022
Committee Consideration and Mark-up Session Held.
Mar 31, 2022
Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, 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.
Mar 31, 2022
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now December 20, 2022

Placed on the Union Calendar, Calendar No. 471.

 Committees of jurisdiction 2