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Savvy Saver Act

8/25/2023, 10:47 PM

Congressional Summary of S 4361

Savvy Saver Act

This bill requires the Department of Labor and other agencies to study and report on the disclosure requirements for participant-directed retirement accounts, including ways to improve participants' understanding of the fees and expenses related to defined contribution plans.

Current Status of Bill S 4361

Bill S 4361 is currently in the status of Bill Introduced since June 8, 2022. Bill S 4361 was introduced during Congress 117 and was introduced to the Senate on June 8, 2022.  Bill S 4361's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of June 8, 2022

Bipartisan Support of Bill S 4361

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4361

Primary Policy Focus

Labor and Employment

Alternate Title(s) of Bill S 4361

Savvy Saver Act
Savvy Saver Act
A bill to require reports to Congress on reporting and disclosure requirements related to retirement plans, and for other purposes.

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