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- S.1703
S.1703: Improving Access to Retirement Savings Act
About This Bill
- Introduced May 19, 2021
- Latest Major Action May 19, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - May 19, 2021
Bill Summary
Improving Access to Retirement Savings Act This bill allows employers who establish a tax-exempt 403(b) pension plan to participate in a multiple employer plan (MEP) and to take the small employer pension plan start-up tax credit for their first three years of participation in a MEP. The bill also establishes a safe harbor to allow certain pension plans to correct errors in administering automatic enrollment and escalation features for plans...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
May 19, 2021 |
Read twice and referred to the Committee on Finance.
|
May 19, 2021 |
Introduced in the Senate by Charles E. Grassley (R-Iowa) |