HR5325Referred to Committee

Unclaimed Retirement Rescue Plan

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-09-11
Introduced
16
Cosponsors
HR
ⓘ
Type

Sponsor

Seth Magaziner
Seth Magaziner
Democrat · RI · Representative
Votes with party: 96.3% (535 recorded votes)

Full profile: /officials/M001223

Source: Congress.gov · FEC

Cosponsors (16)

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.

2025-09-11

Source: Congress.gov

Plain-English Summary

The bill aims to help workers find and recover retirement savings they may have left behind at previous jobs. It would likely create a system to track down unclaimed 401(k)s, IRAs, and similar retirement accounts so people can reunite with their money instead of losing it to employers or financial institutions. This would primarily benefit workers who have changed jobs multiple times or lost track of old retirement accounts.

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

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