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119-hr-4718Committee
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Helping Young Americans Save for Retirement Act

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Summary

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This bill amends federal pension and retirement plan rules to allow employees as young as 18 years old to participate in employer-sponsored retirement plans, rather than the current minimum age of 21. It modifies eligibility standards under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code to permit participation at age 18 or after two consecutive 12-month periods with at least 500 hours of service each. The changes apply to plan years beginning one year after enactment.

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Bill details

Congress
119
Bill type
hr
Introduced
July 23, 2025
Sponsor
Brittany PettersenDCO
Cosponsors
4
Last action
July 23, 2025— Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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