118th Congress · SENATE BILLBILL

S. 3305 — Helping Young Americans Save for Retirement Act

“A bill to amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 with respect to minimum participation standards for pension plans and qualified trusts.”

Taxation

Introduced Nov 15, 2023

Last action Nov 15, 2023

Pipeline · Bill → Law

Step 1

Introduced

Nov 15, 2023

Step 2

Referred

Nov 15, 2023

HELP

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill lowers the age for participation in tax-exempt pension plans from 21 to 18.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

Nov 15, 2023

Introduced in Senate

Nov 15, 2023

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.