Congress 117 - HR 7310 - Protecting America’s Retirement Security Act of 2022

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Adult education and literacy Bank accounts, deposits, capital Business ethics Computers and information technology Congressional oversight Employee benefits and pensions Employment and training programs Family relationships Financial services and investments Government information and archives Government trust funds Higher education Income tax deferral Inflation and prices Intergovernmental relations Labor and Employment Labor-management relations Marriage and family status Performance measurement State and local government operations Student aid and college costs Tax administration and collection, taxpayers User charges and fees

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Summary

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.

Actions

Dec 20, 2022

Placed on the Union Calendar, Calendar No. 471.
Dec 20, 2022

Committee on Ways and Means discharged.
Nov 14, 2022

House Committee on Ways and Means Granted an extension for further consideration ending not later than Jan. 2, 2023.
Nov 14, 2022

Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-557, Part I.
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

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