Helping Young Americans Save for Retirement Act
- Introduced Nov 15
- Committee Nov 15
- Passed Senate Next
- Passed House Not yet
- To President Not yet
- Law Not yet
Where it stands
In committee, Nov 15, 2023Next: Senate vote
1078d ago Nov 15, 2023: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Final votes
No roll callsNo recorded vote on this bill yet
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Votes
No recorded roll-call vote on this bill yet
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Summary
Helping Young Americans Save for Retirement Act
Full summary1 paragraphs
This bill lowers the age for participation in tax-exempt pension plans from 21 to 18.
Library of Congress summary, Nov 15, 2023
Summary versions
- Introduced in SenateNov 15, 2023
Actions
- SenateIntroduced in SenateNov 15, 2023
- SenateRead twice and referred to the Committee on Health, Education, Labor, and Pensions.Nov 15, 2023
Bill record
Text versions1
- Introduced in SenateNov 15, 2023PDF: Introduced in Senate
Committees1
- Senate Health, Education, Labor, and Pensions CommitteeReferred To Nov 15, 2023
Sponsor and cosponsors6 cosponsors
- Sen. Bill Cassidy (R-LA)Sponsor, Nov 15, 2023
- Timothy Kaine (D-VA)OriginalJoined Nov 15, 2023
- Jacklyn Rosen (D-NV)Joined Feb 6, 2024
- Susan Collins (R-ME)Joined Feb 6, 2024
- Ben Luján (D-NM)Joined Apr 16, 2024
- Ted Budd (R-NC)Joined Apr 16, 2024
- Raphael Warnock (D-GA)Joined Jul 31, 2024
Amendments0
No amendments offered
Cost estimates and reports0
No cost estimate or committee report yet
Titles2
Short titles
- Helping Young Americans Save for Retirement ActShort Title(s) as Introduced
Official titles
- 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.Official Title as Introduced
Subjects1
Policy area
Related bills0
No related bills listed
Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.