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United States · Bill · S

S. 1819 (109th)

401(k) Enhancement Act: Encouraging Retirement Savings

referredUnited States· United States Congress· EN

Introduced

4 October 2005

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

10 February 2026

Summary

401(k) Enhancement Act: Encouraging Retirement Savings - Amends the Internal Revenue Code to allow 401(k) retirement plans to adopt automatic employee contribution arrangements. Provides for: (1) employer matching contributions; (2) employee elections to opt out of automatic contribution plans; (3) notice to employees of their rights under automatic contribution plans; and (4) default investment arrangements for employees who do not make investment decisions.

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Versions

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Documents

3 official files

Introduced in Senate (text)

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Sources

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