HR2696Referred to Committee

Retirement Savings for Americans Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-04-07
Introduced
9
Cosponsors
HR
ⓘ
Type

Sponsor

Lloyd Smucker
Lloyd Smucker
Republican · PA · Representative
Votes with party: 98.3% (537 recorded votes)

Full profile: /officials/S001199

Source: Congress.gov · FEC

Cosponsors (9)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, 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.

2025-04-07

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

This bill would likely make changes to retirement savings programs available to American workers, such as 401(k)s, IRAs, or other pension plans, with the goal of helping more people save for retirement. The specific changes could involve expanding who can access these accounts, increasing contribution limits, or making it easier for small businesses to offer retirement benefits to employees. Workers, employers, and financial institutions would be the main groups affected by any changes to these retirement savings rules.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Labor and Employment
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Related legislation

Bills by the same sponsor or covering overlapping subjects.