Retirement Savings for Americans Act of 2025
- Stage
- In committee
- Started in
- House
- Sponsors
- 10
- Latest action
- Apr 7, 2025
What it does
The Retirement Savings for Americans Act of 2025 would establish the American Worker Retirement Fund to improve financial security for working Americans who lack access to employer-sponsored retirement plans. It would create individual accounts funded by participant contributions and a government match tax credit, with investments managed by a newly created Board and Executive Director. The bill affects qualifying workers—employees and independent contractors without existing retirement plans—and ensures funds are exclusive property of participants, not counted for federal benefit eligibility, and protected from most legal claims except for child support, alimony, or federal tax levies. Administrative expenses would be paid from the Fund’s net earnings.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
Sponsors
Connections
Its sponsors, who gave them money, and who lobbied on it. A gift is not a position on the bill.
The record
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