Helping Young Americans Save for Retirement Act
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Alignment with your views
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Summary
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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How your representatives voted
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