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United States · Bill · S

S. 4154 (117th)

Simplifying Small Business Retirement Savings Act

referredUnited States· United States Congress· EN

Introduced

5 May 2022

Last action

Status

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sponsors

Subjects

Discovery layer

Source updated

21 April 2025

Summary

Simplifying Small Business Retirement Savings Act This bill requires pooled employer retirement plans to designate a named fiduciary to collect contributions to the plan and implement written contribution collection procedures that are reasonable, diligent, and systematic. Current law requires a plan to designate one or more trustees to perform these tasks. The bill also revises the requirements for combined annual reporting for a group of plans.

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Documents

3 official files

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Sources

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