S 1707
Helping Young Americans Save for Retirement Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 8:35 AM
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Helping Young Americans Save for Retirement Act, changes rules within the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code to allow 18-year-olds to participate in certain retirement plans. Specifically, it lowers the minimum age for participation from 21 to 18 under specific conditions, and adjusts the timeframe for calculating qualifying service periods. These changes aim to encourage younger workers to begin saving for retirement earlier.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.