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Helping Young Americans Save for Retirement Act
6/6/2025, 6:30 PM
Summary of Bill S 1707
This bill, titled "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," was introduced in the 119th Congress on May 12, 2025.
Read the Full Bill
Current Status of Bill S 1707
Bill S 1707 is currently in the status of Bill Introduced since May 12, 2025. Bill S 1707 was introduced during Congress 119 and was introduced to the Senate on May 12, 2025. Bill S 1707's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of May 12, 2025
Bipartisan Support of Bill S 1707
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1707
Primary Policy Focus
TaxationAlternate Title(s) of Bill S 1707
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.
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.
Comments
Estrella Conrad
749
10 months ago
I don't really get this bill about saving for retirement. Like, why do I need to worry about that now when I'm still young? It's just confusing to me. I mean, I guess it's important to save for the future and all, but I don't see how this bill is gonna help me out. I wish they would focus on more pressing issues instead. Did you know that this bill also includes provisions for tax incentives for employers who offer retirement plans to their employees?
Adeline Ritchie
694
10 months ago
Not sure about this one.
Sponsors and Cosponsors of S 1707
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