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- H.R.9252
H.R.9252: Advancing Auto-Portability Act of 2022
About This Bill
- Introduced Oct. 28, 2022
- Latest Major Action Oct. 28, 2022
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - Oct. 28, 2022
Bill Summary
Advancing Auto-Portability Act of 2022 This bill allows employees to transfer their retirement account upon terminating their employment to a similar account with a new employer. Specifically, it makes such transfers automatic, subject to the right of employees to opt out. It imposes certain requirements upon an automatic portability provider, including a requirement that the provider acknowledge its fiduciary status and provide a notice in...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Oct. 28, 2022 |
Referred to the House Committee on Ways and Means.
|
Oct. 28, 2022 |
Introduced in the House by Brad Schneider (D-Ill.) |