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H.R. 2954

Referred to Committee

Securing a Strong Retirement Act of 2022

Introduced 5/4/2021•117th Congress•House

Latest Action

Received in the Senate and Read twice and referred to the Committee on Finance.

3/30/2022 • Senate

Summary

Securing a Strong Retirement Act of 2022

This bill makes various changes with respect to employer-sponsored retirement plans, including providing for the automatic enrollment of employees in certain plans and increasing the age at which participants are required to begin receiving mandatory distributions.

Passed House • 3/29/2022

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Topics & Subjects

Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsCongressional oversightCriminal procedure and sentencingDepartment of LaborDepartment of the TreasuryDisability and paralysisDisability assistanceEmployee benefits and pensionsEmployment taxesFinancial services and investmentsFirst responders and emergency personnelHigher educationIncome tax deferralIncome tax exclusionInflation and pricesInterest, dividends, interest rates

Related Federal Spending

Sponsor & Cosponsors (104)

Party Breakdown

56
Democrats
48
Republicans
0
Independents

Sponsor

R[
Rep. Neal, Richard E. [D-MA-1]

Democrat • MA-1

Sponsored 5/4/2021

Cosponsors (103)

R[
Rep. Brady, Kevin [R-TX-8]

R-TX-8

Joined 5/4/2021

R[
Rep. Doggett, Lloyd [D-TX-35]

D-TX-35

Joined 5/28/2021

R[
Rep. Thompson, Mike [D-CA-5]

D-CA-5

Joined 5/28/2021

R[
Rep. Larson, John B. [D-CT-1]

D-CT-1

Joined 5/28/2021

R[
Rep. Blumenauer, Earl [D-OR-3]

D-OR-3

Joined 5/28/2021

R[
Rep. Kind, Ron [D-WI-3]

D-WI-3

Joined 5/28/2021

Bill Journey

Originated in the House

Introduced

May 4, 2021

Committee Review

May 5, 2021

Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.

Floor Debate

March 29, 2022

Passed Chamber

March 29, 2022

Other Chamber

President

Enacted into Law

Text Versions (4)

Referred in Senate3/30/2022
Reported in House3/29/2022
Engrossed in House3/29/2022
Introduced in House5/4/2021

Committee Reports (1)

Related Bills (16)

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Retirement Parity for Student Loans Act

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H.R. 2741

Public Service Retirement Fairness Act of 2021

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H.R. 2917

Retirement Parity for Student Loans Act of 2021

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H.R. 2933

To amend the Internal Revenue Code of 1986 to increase the age for the beginning date for required minimum distributions.

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H.R. 2943

To amend the Internal Revenue Code of 1986 to allow retroactive elective deferrals for owners of unincorporated businesses in the case of a plan adopted after the close of the taxable year and before the time for filing the return of tax.

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H.R. 2944

To amend the Internal Revenue Code of 1986 to reduce the retirement plan period of service requirements for long-term, part-time employees.

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S. 1703

Improving Access to Retirement Savings Act

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H.R. 2927

SAVE Act of 2021

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H.R. 2909

To amend the Internal Revenue Code of 1986 to allow a one-time election for a qualified charitable distribution to a split-interest entity and to inflation adjust the limits for qualified charitable distributions.

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H.R. 2951

To direct the Secretary of the Treasury to modify Treasury Regulations relating to insurance-dedicated exchange-traded funds.

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H.R. 2942

To amend the Internal Revenue Code of 1986 to increase the catch-up contribution limit for retirement plans of participants age 62 through 64.

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H.R. 2953

SAFER Act

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S. 1730

Retirement Savings Lost and Found Act of 2021

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H.R. 8579

Retirement Protection Act of 2022

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S. 5125

Family Attribution Modernization Act

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Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors103