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S 1730 117th Congress Senate Labor and Employment Administrative law and regulatory procedures Bankruptcy Corporate finance and management Department of Labor Employee benefits and pensions Executive agency funding and structure Fraud offenses and financial crimes Government information and archives Income tax deferral Pension Benefit Guaranty Corporation Right of privacy

Retirement Savings Lost and Found Act of 2021

Introduced: May 20, 2021 Introduced by: Warren, Elizabeth Democratic · Massachusetts See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
May 20, 2021
Read twice and referred to the Committee on Finance.
May 20, 2021
Introduced in Senate
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 Plain-English summary Congressional Research Service

Retirement Savings Lost and Found Act of 2021

This bill establishes an online Retirement Savings Lost and Found (RSLF), managed by the Pension Benefit Guaranty Corporation (PBGC), to assist individuals in locating certain employer-sponsored retirement accounts. The RSLF must provide plan participants or beneficiaries only with the ability to view contact information for the administrator of a plan that is sufficient to locate the plan.

The bill sets forth additional reporting and notification requirements for retirement plans.

The PBGC must take precautions to (1) safeguard the privacy and security of participants' plan information, and (2) permit plan participants to opt out of inclusion in the RSLF.

The bill also revises provisions that permit mandatory distributions of the balances of small retirement accounts using a rollover into an Individual Retirement Account (IRA). The bill modifies the investment options available for the distributions and increases the maximum account balance that may be subject to such a distribution.

A plan must transfer unclaimed mandatory distributions that are $1,000 or less to the RSLF, and the RSLF must pay the balance upon locating a plan participant or beneficiary.

What's happening now May 20, 2021

Read twice and referred to the Committee on Finance.

 Related & companion bills 3
  • HR 2954 Related bill Securing a Strong Retirement Act of 2022
  • S 1770 Related bill Retirement Security and Savings Act of 2021
  • HR 5832 Related bill Retirement Savings Lost and Found Act of 2021
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Daines, Steve
Montana · May 20, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1730: Retirement Savings Lost and Found Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-1730/
MLA
"S. 1730: Retirement Savings Lost and Found Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-1730/.
Bluebook (legal)
S. 1730, 117th Cong. (2026), https://openamerica.io/bill/117-S-1730/.
Markdown link
[S. 1730: Retirement Savings Lost and Found Act of 2021](https://openamerica.io/bill/117-S-1730/)
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