S. 2517 · 118th Congress

Auto Reenroll Act of 2023

Stage
In committee
Sponsor
Tim Kaine
Introduced
2023-07-26
Latest action
2023-07-26 · Introduced in Senate

Summary

Auto Reenroll Act of 2023

This bill allows sponsors of automatic contribution arrangements to reenroll their employees in such arrangements at least once every three years. The purpose of the bill is to increase employee participation in tax-exempt pension plans and other retirement arrangements.