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- S.3955
S.3955: Starter-K Act of 2022
About This Bill
- Introduced March 30, 2022
- Latest Major Action March 30, 2022
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - March 30, 2022
Bill Summary
Starter-K Act of 2022 This bill allows employers who do not provide a retirement plan to establish a starter 401(k) deferral-only arrangement for plan years beginning after 2022. The bill defines starter 401(k) deferral-only arrangement as any cash or deferred arrangement that meets specified automatic deferral requirements, contribution limitations, and notice requirements. Such arrangements also allow catch-up contributions for individuals...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 30, 2022 |
Read twice and referred to the Committee on Finance.
|
| March 30, 2022 |
Introduced in the Senate by John Barrasso (R-Wyo.) |