Helping Young Americans Save for Retirement Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 10
- Latest action
- Jul 23, 2025
What it does
The Helping Young Americans Save for Retirement Act would lower the minimum age for eligibility to participate in employer-sponsored retirement plans from 21 to 18 under certain conditions, specifically for employees who complete at least 500 hours of service in each of two consecutive 12-month periods. The bill amends both the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code to update participation standards and includes conforming changes to related provisions, such as accounting rules for plan audits and definitions for younger workers. These changes would apply to plan years beginning on or after one year after the bill’s enactment, aiming to expand…
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)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.